Novo Nordisk faces subpoena vote over pricing

12 June 2024
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US Senator Bernie Sanders, chairman of the Senate Committee on Health, Education, Labor and Pensions (HELP), has announced that members will vote next week on whether to subpoena Doug Langa, senior vice president, head of North America operations and president of Novo Nordisk (NOVN: VX).

According to a HELP committee statement, Mr Langa would be asked to explain why his company charges 10 to 15 times more in the USA than other countries for semaglutide, the GLP-1 receptor agonist marketed as Ozempic to treat diabetes and Wegovy for weight loss.

The HELP Committee launched an investigation into the price of the drug in April, and has unearthed that, while an American with type 2 diabetes will pay $969 a month for Ozempic, a German will pay $59, a Dane $122 and a Canadian $155.

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