3 ms·

Can't Denmark just stop selling ozempic or so to the US? Would be an uproar in no time.

Hamuko 9mo ago
Doesn't Ozempic already have competition on the market?
adventured 9mo ago
In the hypothetical amused scenario: no, that won't work, there are several alternatives now. If the US can extract Maduro, it can extract the leadership of Novo Nordisk, their lead scientists and all of their intellectual property. /amused scenario
murderfs 9mo ago
Sure, it could blow up its economy and have the U.S. just switch to the existing domestic alternative, which also appears to be superior (tirzepatide).
- fritzorino 9mo ago
  [flagged]
simonsarris 9mo ago
Eli Lilly has GLP-1 injectables and will have an oral pill this year. Novo Nordisk has already dropped that ball. Hence Eli Lilly +40% in the last year and Novo -23%. Or on a longer timescale you can see the problem: https://www.google.com/finance/quote/NVO:NYSE?sa=X&sqi=2&ved=2ahUKEwj3i7Oly5WSAxXZl4kEHeDcBewQ3ecFKAV6BAgqEAY&comparison=NYSE%3ALLY&window=5Y https://www.google.com/finance/quote/NVO:NYSE?sa=X&sqi=2&ved...
- maxerickson 9mo ago
  What should they have done differently to prevent a competitor from entering a valuable market? "Pricing power fell when someone else entered the market" isn't dropping a ball is why I ask.
  - mschild 9mo ago
    I think they meant dropped the ball on oral intake. Most people probably prefer a pill vs injections with needles.
  - HDThoreaun 9mo ago
    Novo nordisk's biggest mistake was refusing to create a direct to consumer business. Eli Lilly sells most of their product through their website at large discounts, this superior distribution method is largely how they were able to gain such a large market share. Their product is also better than ozempic, so that definitely helped too. But its not like Novo Nordisk was stuck with ozempic, they couldve developed new advancements as well.
causal 9mo ago
Not really, probably a majority of Americans look down on people using Ozempic
- causal 9mo ago
  To be clear, since I'm past the edit window: I think Ozempic is an amazing drug, it's just unfortunate how popular it is to hate on people for using a drug they need.
  - TabithaES 9mo ago
    My understanding is that the hate is mostly related to influencers selling you weight loss products while hiding the fact they struggled until they found Ozempic, then to a lesser degree some people think it's cheating or w/e.
bicepjai 9mo ago
Or ASML devices

Doesn't Ozempic already have competition on the market?

In the hypothetical amused scenario: no, that won't work, there are several alternatives now. If the US can extract Maduro, it can extract the leadership of Novo Nordisk, their lead scientists and all of their intellectual property. /amused scenario

murderfs 9mo ago

Sure, it could blow up its economy and have the U.S. just switch to the existing domestic alternative, which also appears to be superior (tirzepatide).

fritzorino 9mo ago
[flagged]

simonsarris 9mo ago

Eli Lilly has GLP-1 injectables and will have an oral pill this year. Novo Nordisk has already dropped that ball. Hence Eli Lilly +40% in the last year and Novo -23%. Or on a longer timescale you can see the problem: https://www.google.com/finance/quote/NVO:NYSE?sa=X&sqi=2&ved=2ahUKEwj3i7Oly5WSAxXZl4kEHeDcBewQ3ecFKAV6BAgqEAY&comparison=NYSE%3ALLY&window=5Y https://www.google.com/finance/quote/NVO:NYSE?sa=X&sqi=2&ved...

maxerickson 9mo ago
What should they have done differently to prevent a competitor from entering a valuable market? "Pricing power fell when someone else entered the market" isn't dropping a ball is why I ask.
- mschild 9mo ago
  I think they meant dropped the ball on oral intake. Most people probably prefer a pill vs injections with needles.
- HDThoreaun 9mo ago
  Novo nordisk's biggest mistake was refusing to create a direct to consumer business. Eli Lilly sells most of their product through their website at large discounts, this superior distribution method is largely how they were able to gain such a large market share. Their product is also better than ozempic, so that definitely helped too. But its not like Novo Nordisk was stuck with ozempic, they couldve developed new advancements as well.

causal 9mo ago

Not really, probably a majority of Americans look down on people using Ozempic

causal 9mo ago
To be clear, since I'm past the edit window: I think Ozempic is an amazing drug, it's just unfortunate how popular it is to hate on people for using a drug they need.
- TabithaES 9mo ago
  My understanding is that the hate is mostly related to influencers selling you weight loss products while hiding the fact they struggled until they found Ozempic, then to a lesser degree some people think it's cheating or w/e.

bicepjai 9mo ago

Or ASML devices