Senior health reporter Anjalee Khemlani joins Brad Smith and Madison Mills on Catalysts to take a look at pharmaceutical stocks like Novartis (NVS) and Novo ...
Khemlani provides insight into the weight loss drug market and pricing in the US compared to other countries around the world. She explains that Pfizer , and Novo are among the candidates who could offer weight loss drug s in pill form rather than through injection, which could transform the market.The race to scale weight loss drug s and increase affordability of those drugs continues joining us with the details.
That's the earliest that it is set to competition even though some parts of the patent for the drug are already have already expired.We also know that the company has expected uh to be on C MS S negotiated no negotiation price list for some time since as early as March 2023. In fact, is one of the things that we've seen, we heard, uh EVP Doug Langa who is in charge of North America operations sort of casually throw out there.It does appear that C MS will be implementing a molecule.We also know that uh Novo has said that it, it has already dropped the price of uh Ozempic by 40% since it launched in 2017.
And that's something that they saw that was concerning and it's why analysts have pulled back a little bit.Um some doctors have said this could be a way to maintain weight.
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