Novo Nordisk Coverage - MedCity News https://medcitynews.com/tag/novo-nordisk/ Healthcare technology news, life science current events Wed, 12 Jun 2024 05:33:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 228111745 At BIO, Novo Nordisk’s Top Dealmaker Talks M&A Strategy and What’s Next After GLP-1s https://medcitynews.com/2024/06/at-bio-novo-nordisks-top-dealmaker-talks-ma-strategy-and-whats-next-after-glp-1s/ https://medcitynews.com/2024/06/at-bio-novo-nordisks-top-dealmaker-talks-ma-strategy-and-whats-next-after-glp-1s/#respond Wed, 05 Jun 2024 08:33:40 +0000 https://medcitynews.com/?p=126993

Novo Nordisk’s focus on diabetes and obesity shape its business development work, but the company is also exploring other areas. Top Novo Nordisk M&A executive John McDonald discussed his company’s strategy during a session at the BIO conference in San Diego.

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Navigating Opportunities and Challenges in the GLP-1 Drug Gold Rush https://medcitynews.com/2024/05/navigating-opportunities-and-challenges-in-the-glp-1-drug-gold-rush/ https://medcitynews.com/2024/05/navigating-opportunities-and-challenges-in-the-glp-1-drug-gold-rush/#respond Fri, 24 May 2024 00:26:40 +0000 https://medcitynews.com/?p=126589

GLP-1 agonists are transforming the weight loss market. Experts weighed in on the changes they’re seeing, speaking in a panel discussion during the MedCity News INVEST Conference in Chicago.

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FTC Seeks More Information on the $16.5B Novo-Catalent Deal, Leading to Another Delay https://medcitynews.com/2024/05/ftc-pharma-novo-nordisk-catalent-acquisition/ https://medcitynews.com/2024/05/ftc-pharma-novo-nordisk-catalent-acquisition/#respond Mon, 06 May 2024 22:00:00 +0000 https://medcitynews.com/?p=126049

Novo Holdings’ $16.5 billion planned acquisition of Catalent is facing another delay. Just weeks after Novo decided to resubmit its application to the FTC, the agency is seeking more information about the deal. This move has triggered a second 30-day delay in the antitrust review process.

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Novo Nordisk Expands Cardio Reach by Buying Heart Drugs Biotech Cardior https://medcitynews.com/2024/03/novo-nordisk-acquisition-cardiovascular-disease-heart-failure-cardior-pharmaceuticals/ Mon, 25 Mar 2024 16:21:27 +0000 https://medcitynews.com/?p=668349

Novo Nordisk’s strategy to grow beyond metabolic diseases includes expanding into adjacent areas such as cardiovascular disease. Acquiring Cardior Pharmaceuticals adds a novel RNA-based therapy that is a potential heart failure treatment.

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Novo Nordisk Obesity Pill Flashes the Potential to Beat Wegovy in Weight Loss https://medcitynews.com/2024/03/novo-nordisk-obesity-pill-weight-loss-amycretin-wegovy/ Thu, 07 Mar 2024 18:48:20 +0000 https://medcitynews.com/?p=666648

Novo Nordisk reported its weight loss pill amycretin led to greater weight loss measured at 12 weeks compared to clinical trial results for its blockbuster obesity drug Wegovy. But these results are from a small Phase 1 study and more testing is needed.

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New Novo Nordisk Ozempic Data Build Case for Adding Kidney Disease to Label https://medcitynews.com/2024/03/novo-nordisk-ozempic-chronic-kidney-disease-semaglutide-glp1/ Tue, 05 Mar 2024 16:36:05 +0000 https://medcitynews.com/?p=666309

Blockbuster Novo Nordisk drug Ozempic now has clinical trial results showing statistically significant reductions in the risk of kidney disease progression. The company said these results support the expansion of the drug’s label to chronic kidney disease.

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Novo Holdings Bolsters GLP-1 Production Capacity With $16.5B Catalent Buyout https://medcitynews.com/2024/02/novo-holdings-catalent-acquisition-novo-nordisk-glp1/ Mon, 05 Feb 2024 18:13:32 +0000 https://medcitynews.com/?p=663387

After Novo Holdings acquires Catalent, it will sell three of the contract manufacturing giant’s sites to Novo Nordisk. Those facilities already make Novo Nordisk’s GLP-1 drugs for metabolic conditions, and they will help the company meet projected demand for these products in years to come.

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Biosimilar Insulins Promise Patients New Choices, But Competition Is Still Lacking https://medcitynews.com/2024/01/biosimilar-insulin-diabetes-biologic-drugs/ Sun, 28 Jan 2024 16:52:46 +0000 https://medcitynews.com/?p=662568

Insulin prices have long been a pain point for diabetics. The big three insulin manufacturers have cut prices across their product lineups, but potential competition from other biosimilar insulins is still in earlier stages of development.

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FDA’s Preliminary Review of GLP-1 Meds Finds No Tie to Suicidal Thoughts, Actions https://medcitynews.com/2024/01/fda-glp1-obesity-weight-suicide-risks/ Thu, 11 Jan 2024 19:47:47 +0000 https://medcitynews.com/?p=660957

The FDA has found no clear relationship between GLP-1 drugs, such as Ozempic and Mounjaro, and reports of suicidal thoughts or actions. But the agency added that it can’t definitively rule out the risk, and its review is ongoing.

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Novo Nordisk Plans €2B Site Expansion as GLP-1 Drug Demand Grows https://medcitynews.com/2023/11/novo-nordisk-plans-e2b-site-expansion-as-glp-1-drug-demand-grows/ Mon, 27 Nov 2023 22:51:42 +0000 https://medcitynews.com/?p=656739

Novo Nordisk’s planned expansion will more than double the footprint of its France production site, bringing new capacity for manfacturing GLP-1 drugs for metabolic conditions. The location is already one of the company’s largest for making diabetes products.

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Novo Nordisk Strikes Deal for Late-Stage Hypertension & Kidney Disease Drug https://medcitynews.com/2023/10/novo-nordisk-acquisition-hypertension-kidney-disease-clinical-trial/ Mon, 16 Oct 2023 22:14:27 +0000 https://medcitynews.com/?p=652017

The KBP Biosciences drug Novo Nordisk is acquiring has reached Phase 3 testing as a potential treatment for uncontrolled hypertension and advanced chronic kidney disease. It’s the latest in a string of business deals aimed at expanding the Novo Nordisk pipeline beyond diabetes.

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Novo Nordisk’s Star Diabetes & Obesity Drug Shows Promise in Kidney Disease https://medcitynews.com/2023/10/novo-nordisk-semaglutide-chronic-kidney-disease-clinical-trial/ Wed, 11 Oct 2023 16:53:23 +0000 https://medcitynews.com/?p=651489

A study testing Novo Nordisk’s semaglutide in chronic kidney disease is ending early after an interim analysis met efficacy goals. Detailed results are not yet available, but they could support expanding use of the GLP-1 agonist, which is far and away Novo Nordisk’s top-selling product.

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Novo Nordisk Turns to Flagship’s Valo Health for AI-Driven Cardio Drug R&D https://medcitynews.com/2023/09/novo-nordisk-artificial-intelligence-cardiovascular-disease-drug-discovery-valo-health/ Mon, 25 Sep 2023 22:21:01 +0000 https://medcitynews.com/?p=649791

Novo Nordisk is paying Valo Health $60 million up front to gain three preclinical cardiovascular disease programs. Milestone payments for those programs and others covered under the artificial intelligence drug discovery pact could reach up to $2.7 billion.

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Still Hungry for New Obesity Meds, Novo Nordisk Makes Another M&A Deal https://medcitynews.com/2023/08/still-hungry-for-new-obesity-meds-novo-nordisk-makes-another-ma-deal/ Wed, 30 Aug 2023 22:46:56 +0000 https://medcitynews.com/?p=647175

Novo Nordisk is expanding its cardiometabolic drug pipeline with the acquisition of Embark Biotech, a startup developing drugs for a novel target that can suppress appetite and boost calorie burning in cells. Embark’s science comes University of Copenhagen research on a novel fat cell target.

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Novo Nordisk Aims to Succeed Where Sanofi Faltered Drugging a Weight-Loss Target https://medcitynews.com/2023/08/novo-nordisk-aims-to-succeed-where-sanofi-faltered-drugging-a-weight-loss-target/ Thu, 10 Aug 2023 22:24:34 +0000 https://medcitynews.com/?p=644958

Novo Nordisk isn’t putting all of its weight loss drug hopes in the same basket. Its acquisition of Inversago Pharma for up to $1 billion will bring a biotech whose lead drug candidate has early clinical trial data showing significant weight loss.

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Novo Nordisk’s Wegovy Posts Trial Data Supporting the Drug as Way to Lower Heart Risks https://medcitynews.com/2023/08/novo-nordisk-wegovy-clinical-trial-heart-disease-cardiovascular-semaglutide/ Tue, 08 Aug 2023 16:29:22 +0000 https://medcitynews.com/?p=644550

Novo Nordisk weight-loss drug Wegovy reduced the risk of major cardiovascular events by 20% in a large clinical trial. The company said the results support expanding the drug’s label, but the looming question is whether the data will persuade payers to cover the pricey chronic therapy.

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How One Healthcare Exec Wants Employers To Tackle Obesity https://medcitynews.com/2023/05/obesity-employers-chronic-condition/ Fri, 12 May 2023 20:31:35 +0000 https://medcitynews.com/?p=634507

Employers should be looking at obesity as a chronic condition and focus on weight management solutions over weight loss solutions, said Parin Chikani, medical account director for managed markets at Novo Nordisk. He made these comments Tuesday at the Midwest Business Group on Health conference in Chicago.

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Novo Nordisk Follows Eli Lilly’s Lead, Lowering Insulin Prices up to 75% https://medcitynews.com/2023/03/novo-nordisk-follows-eli-lillys-lead-lowering-insulin-prices-up-to-75/ Tue, 14 Mar 2023 18:02:38 +0000 https://medcitynews.com/?p=627387

Novo Nordisk can afford the price cuts prices to several branded and non-branded insulins. Flattening revenue for the pharmaceutical giant’s insulin products is offset by demand for diabetes and obesity drugs from its semaglutide franchise, which continues to grow by leaps and bounds.

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California lawsuit targets insulin costs as Biden also takes aim in SOTU https://medcitynews.com/2023/02/california-lawsuit-targets-insulin-costs-as-biden-also-takes-aim-in-sotu/ Wed, 08 Feb 2023 16:50:00 +0000 https://medcitynews.com/?p=623245

High prices have drawn other critics, as well, including President Joe Biden. He renewed his call for a broad price cap during his annual State of the Union address. Pharma companies insist they have been part of the solution.

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Novo Nordisk’s Diabetes Pill Rybelsus Gets FDA O.K. as First-Line Therapy https://medcitynews.com/2023/01/novo-nordisks-diabetes-pill-rybelsus-gets-fda-o-k-as-first-line-therapy/ Fri, 13 Jan 2023 18:44:56 +0000 https://medcitynews.com/?p=620440

The FDA approved a change in Rybelsus’s label, allowing the drug to be used as an initial therapy for type 2 diabetes patients. The once-daily pill has already become a blockbuster product for Novo Nordisk.

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Novo Nordisk pays $70M for a Phase 1-ready cardiometabolic disorder drug https://medcitynews.com/2022/09/novo-nordisk-pays-70m-for-a-phase-1-ready-cardiometabolic-disorder-drug/ Thu, 29 Sep 2022 15:59:24 +0000 https://medcitynews.com/?p=606340

Novo Nordisk is acquiring global rights to a Ventus Therapeutics drug candidate with potential applications in cardiometabolic disorders such as NASH and chronic kidney disease. The small molecule blocks a protein that has become an attractive target for big pharmaceutical companies, such as Roche and Novartis.

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Novo Nordisk to buy sickle cell disease biotech Forma Therapeutics in $1.1B deal https://medcitynews.com/2022/09/novo-nordisk-to-buy-sickle-cell-disease-biotech-forma-therapeutics-in-1-1b-deal/ Thu, 01 Sep 2022 22:10:51 +0000 https://medcitynews.com/?p=602653

Novo Nordisk announced that it will buy Forma Therapeutics, a clinical-stage biotech focused on rare hematologic diseases, in an deal valued at $1.1 billion. The deal is the second billion-dollar sickle cell disease deal the pharmaceutical industry has seen in the last 30 days — Pfizer forked over $5.4 billion in August to buy Global Blood Therapeutics.

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Why obesity intervention needs to be a bigger part of chronic disease care https://medcitynews.com/2022/06/why-obesity-intervention-needs-to-be-a-bigger-part-of-chronic-disease-care/ Tue, 28 Jun 2022 22:09:43 +0000 https://medcitynews.com/?p=593162

Obese patients are more at risk for diabetes, cardiovascular disease, certain cancers and mortality than patients who maintain a healthy weight, and obese patient who develop these chronic conditions usually have more complications. That is why providers and payers must integrate more weight loss strategies in chronic condition care, panelists argued at a Tuesday panel hosted by the Chamber of Commerce.

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Novo Nordisk reaches $3.3B deal to acquire RNAi partner Dicerna Pharma https://medcitynews.com/2021/11/novo-nordisk-reaches-3-3b-deal-to-acquire-rnai-partner-dicerna-pharma/ Thu, 18 Nov 2021 17:17:17 +0000 https://medcitynews.com/?p=559082

The acquisition agreement comes exactly two years after the two companies began a wide-ranging alliance focused on developing RNA interference drug for metabolic disorders. The most advanced therapy from that alliance is on track to reach the clinic in 2022.

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Novo Nordisk cardio push picks up Phase 2-ready Prothena drug in $100M deal https://medcitynews.com/2021/07/novo-nordisk-cardio-push-picks-up-phase-2-ready-prothena-drug-in-100m-deal/ Mon, 12 Jul 2021 16:25:50 +0000 https://medcitynews.com/?p=539618

Novo Nordisk is paying $100 million up front to acquire an experimental Prothena drug being developed to treat heart problems stemming from a misfolded protein. The deal is part of a broader strategy to expand into drugs for cardiovascular disease.

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Walmart rolls out discounted insulin, but patients still grapple with high prices https://medcitynews.com/2021/06/walmart-rolls-out-discounted-insulin-but-patients-still-grapple-with-high-prices/ Tue, 29 Jun 2021 21:30:49 +0000 https://medcitynews.com/?p=537806

Walmart struck a deal with Novo Nordisk to offer a heavily discounted, private-label version of its fast-acting analog insulin. But it still doesn’t solve the pricing problems patients have faced, with insulin costs skyrocketing in recent years.

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Covid-19 serves as catalyst for effort to diversify clinical trial enrollment https://medcitynews.com/2021/04/covid-19-serves-as-catalyst-for-effort-to-diversify-clinical-trial-enrollment/ Sat, 24 Apr 2021 03:26:01 +0000 https://medcitynews.com/?p=526742

Covid-19 showed how technology can upend the old ways of clinical trials. Panelists at MedCity’s INVEST conference said it’s highlighting the importance of improving clinical trial diversity so that tests of new therapies and vaccines reflect the population of patients that they will treat in the real world.

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Gilead and Novo Nordisk advance NASH collaboration to larger clinical study https://medcitynews.com/2021/03/gilead-and-novo-nordisk-advance-nash-collaboration-to-larger-clinical-study/ Thu, 18 Mar 2021 21:21:57 +0000 https://medcitynews.com/?p=520433

Clinical tests of drugs from Gilead Sciences and Novo Nordisk have yielded encouraging results in nonalcoholic steatohepatitis (NASH), and the partners now want to see if the drug combinations help patients in a larger mid-stage study. The planned Phase 2b study expands on a 2019 R&D alliance.

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In fight over drug discounts, HHS lawyer sides with hospitals https://medcitynews.com/2021/01/in-fight-over-drug-discounts-hhs-lawyer-sides-with-hospitals/ Wed, 06 Jan 2021 19:05:01 +0000 https://medcitynews.com/?p=509621

Prominent drug companies have said they want to curb waste and abuse in the 340B Drug Pricing Program. But the top lawyer at HHS is echoing the criticism hospitals have been leveling against the drug companies over access to the program.

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Hospitals sue drug companies over discount program https://medcitynews.com/2020/12/hospitals-sue-drug-companies-over-discount-program/ Thu, 17 Dec 2020 16:47:35 +0000 https://medcitynews.com/?p=507635

The lawsuit follows action by at least a half-dozen drug companies to rein in what they see as waste and abuse in the program, overseen by the Department of Health and Human Services. Meanwhile, the Hospital plaintiffs have a potentially powerful ally in the person picked to head the department under the incoming Biden administration.

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