Overview
- New Wegovy prescriptions rose 33 percent to 181,200 in the week ending July 18 after the FDA banned compounded copycats on May 22.
- The gap with Eli Lilly’s Zepbound narrowed to about 133,000 prescriptions, down from nearly 175,000 in late May.
- Analysts say Novo Nordisk is in a “show me” phase as investors await its August 6 quarterly report following a forecast cut and the surprise exit of CEO Lars Fruergaard Jorgensen.
- IQVIA data exclude sales via NovoCare, the direct-to-consumer platform launched in March, suggesting actual volume may be higher.
- Novo Nordisk has introduced a limited-time discount and secured better coverage from CVS Health to win back patients ahead of its earnings release.