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All posts tagged "Novo Nordisk"

Ozempic-producer Novo Nordisk on track for record spending on lobbying in 2024

Ozempic-producer Novo Nordisk on track for record spending on lobbying in 2024

This article originally appeared in OpenSecrets. Sign up for their weekly newsletter to receive stories like this one in your inbox.

Novo Nordisk — the pharmaceutical giant behind popular weight-loss drugs Ozempic and Wegovy — spent a record $3.2 million on lobbying in the first six months of 2024 as the Denmark-based company expanded its footprint in the United States.

In 2017, after two years of clinical trials, the Food and Drug Administration approved Novo Nordisk’s injectable weight-loss drug Ozempic strictly for adults with Type 2 diabetes. Four years later, the FDA approved Wegovy, another weight-loss drug that is not strictly for type 2 patients but contains the same active ingredient as Ozempic, semaglutide....

Supreme Court ruling supports generic drug makers

Supreme Court ruling supports generic drug makers

WASHINGTON — The US Supreme Court ruled that generic drug makers can challenge big-name pharmaceutical firms in court to stop them from broadening the scope of their patent descriptions.