Novo Nordisk announces $6B investment in Ozempic, Wegovy amid shortages

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Novo Nordisk's Negelle Morris spoke exclusively with ABC News.

and Wegovy, says the company is investing over $6 billion dollars to help meet the increased demand for the drugs amid

Novo Nordisk told ABC News that despite the shortages for Wegovy, the company has enough product on the market to start 25,000 patients on Wegovy per week -- a fourfold increase since late last year. Without insurance coverage, the out-of-pocket cost for medications like Ozempic and Wegovy can run as high as $1,000 or more per month.

 

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