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The Inventor of Ozempic Is Suddenly Sacking Huge Numbers of Employees

futurism.com Unknown 2025-10-02 18:21:48

Image by Kristian Tuxen Ladegaard Berg / SOPA Images / LightRocket via Getty / Futurism Developments Novo Nordisk, the 102-year-old Danish drugmaker behind the blockbuster drugs Ozempic and Wegovy, is laying off thousands of workers as it seeks to recoup some of the revenue it's lost to competitors amid the GLP-1 boom. In a press release, the pharmaceutical giant announced that it would soon let go of 11 percent of its workforce, totaling about 9,000 of its 78,400 employees around the world. A

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The Maker of Ozempic Is in Such Deep Trouble That It’s Going on Hiring Lockdown

futurism.com Unknown 2025-11-10 16:04:24

Image by Sergei Gapon / AFP via Getty / Futurism Rx/Medicines Novo Nordisk, the Denmark-based pharmaceutical company that makes Ozempic and Wegovy, looks like it's being toppled off its GLP-1 throne. In a statement to Reuters, the Danish conglomerate admitted that it "currently [has] a hiring freeze in non-business critical areas." Though Novo offered no additional explanation, the writing has been on the wall for months that the once-dominant drug manufacturer is in big financial trouble. D

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A Side Effect of Trump's Tariffs: Making Ozempic Way More Expensive

futurism.com Unknown 2025-12-15 08:38:25

President Donald Trump's new European tariffs may spell bad news for Novo Nordisk, maker of Ozempic and Wegovy. As Axios reports, the 15 percent tariffs he's levying on goods imported into the United States from the European Union are likely to drive up already-expensive drug prices for the blockbuster weight loss jabs, which can already cost more than $1,300 per month's supply without insurance. Slated to go into effect on August 7, this new agreement doesn't just target pharmaceuticals. Stil

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Feds Launch Experiment to Have Medicare Cover GLP-1 Weight Loss Drugs

gizmodo.com Ed Cara 2025-12-16 00:20:42

The federal government may not have closed the window on paying for GLP-1 weight loss drugs like Ozempic and Zepbound after all. The Trump administration is reportedly planning to conduct an experiment that will allow some people to have obesity drugs covered by their Medicaid and Medicare plans. The Washington Post first broke the news Friday morning, having reportedly obtained documents from the Centers for Medicare and Medicaid Services outlining the plan. It would enable state Medicaid prog

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Scientists Gene Hack Mice So Their Livers Produce Their Own Ozempic-Like Drug

futurism.com Unknown 2026-01-24 18:51:22

Image by Remi Benali/Getty Images Rx/Medicines Scientists have gene-hacked mice to produce their own Ozempic-like drugs — possibly, and provocatively, perhaps paving a path for humans to do so themselves one day. In a new study published in the journal Communications Medicine, researchers from Japan's University of Osaka successfully gene-edited mice livers to produce exenatide, a first-generation diabetes drug and predecessor to now-trendy jabs like Ozempic and Mounjaro. Using lab mice that

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McDonald's in Trouble as Ozempic Takes Hold

futurism.com Unknown 2026-03-17 23:15:36

Image by Getty / Futurism Rx/Medicines Broken ice cream machines aren't the only thing bedeviling stalwart fast food chain McDonald's. Financial services firm Redburn Atlantic put the company's stock in the bear category, coinciding with a slumpy week in which it lost about three percent of its value — because analysts are betting that GLP-1 agonist weight loss drugs like Ozempic are going to disrupt the fast food business model, CBS News reports. The eyebrow-raising conclusion comes as the a

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Doctors Concerned By Massive Uptick In Teens Taking Ozempic

futurism.com Unknown 2026-03-21 14:15:15

Image by Roberto Pfeil / picture alliance via Getty / Futurism Rx/Medicines Teens are being prescribed Ozempic and similar drugs more than ever before — and some doctors are worried about what the trend could mean. In interviews with Reuters and Raleigh, North Carolina's WRAL, doctors expressed disquiet at recent studies that found that are kids being prescribed the uber-popular jabs at increasing rates. Two recent studies, the first from the from the data firm Truveta and the second from Eve

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