Tag Archive for: Germany

Supplies of Novo Nordisk’s popular weight-loss drug Wegovy are limited in Germany less than a month after its launch in Europe’s largest drug market, major drug distributors and doctors told Reuters.

Public health insurance plans, which cover about 90% of Germans, will not foot the bill, under a decades old law that bars them from covering weight-loss drugs.

Patient advocates and physicians welcomed the arrival of Wegovy in Germany, where 18.5% of adults are obese, more than the European Union average of 16%. The Robert Koch Institute for public health says diseases linked to excess body weight pose a considerable burden on health and social security systems.

Novo Nordisk said today its popular weight-loss drug Wegovy will cost 301.91 euros ($338.35) for four weeks of treatment at the highest dose in Germany, as it prepares to launch in Europe’s largest pharmaceutical market at the end of the month.

Novo Nordisk will start selling its hugely popular obesity drug Wegovy in Germany this month, its third European market, but only people who pay from their own pocket or have certain private health insurance plans will be able to get it.

Fresenius Medical Care shares hit their highest level in nearly seven months on Wednesday, welcoming news that FMC parent Fresenius would cede control over the struggling dialysis firm but keep its stake for now as part of a turnaround plan.

Germany’s IGBCE union opposes any splitting-up of Bayer after the departure of its chief executive and warned that the company should not bow to pressure from hedge fund activism, taz newspaper reported on Thursday.

While many countries around the world have reported shortages of antibiotics as respiratory infections return with a vengeance after the lifting of pandemic restrictions, the problem in Europe is particularly acute.

BioNTech will invest 40 million euros ($43 million) in a new facility in Germany that will allow it to produce an important building block in mRNA-based drugs, the German pharmaceutical firm said on Thursday.

British Blackford Analysis’ artificial intelligence systems help diagnose disease from medical images and will boost Bayer’s radiology business.