FDA Declares End to Ozempic and Wegovy Shortages After Two Years
The FDA announces the resolution of the prolonged shortages of Ozempic and Wegovy, allowing Novo Nordisk to meet U.S. demand for these treatments.
Sales have soared for the drugs in recent years.
Yearslong shortage of popular weight-loss and diabetes drugs is resolved, FDA says
Associated Press·1M
·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.Pharmaceutical giants that market lucrative weight-loss drugs have battled with firms that sell less expensive versions made by compounding pharmacies.
Shortage of popular drugs Wegovy and Ozempic is over, FDA says.
USA TODAY·1M
·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.The FDA's decision on Friday decision could better position Novo Nordisk to compete with Eli Lilly in the booming weight loss drug market, which some analysts say could be worth more than $150 billion annually after 2030.
Shortage of Novo Nordisk's Wegovy and Ozempic drugs is resolved, FDA says
CNBC·1M
·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.Demand for the medications Mounjaro, Zepbound, Ozempic, and Wegovy (GLP-1 drugs) has skyrocketed, but supply shortages and high costs have created opportunities for wrongdoers to cash in and endanger consumers.
FDA declares end to Wegovy and Ozempic shortage
CBS News·1M
·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
Summary
The FDA has declared the shortages of popular diabetes and weight loss drugs Ozempic and Wegovy resolved, enabling Novo Nordisk to meet current and future demand. Despite this, intermittent supply disruptions may occur during the distribution process. The resolution comes after Novo Nordisk invested $6.5 billion in production capacity in the U.S. Since 2022, compounded versions of these medications had provided alternative access, raising concerns as their production may become limited with the official end of the shortage. The ongoing market dynamics may impact competitors in the burgeoning weight loss drug industry.
Perspectives
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