Advertisement
Canada markets closed
  • S&P/TSX

    23,568.65
    +93.51 (+0.40%)
     
  • S&P 500

    5,626.02
    +30.26 (+0.54%)
     
  • DOW

    41,393.78
    +297.01 (+0.72%)
     
  • CAD/USD

    0.7361
    -0.0003 (-0.04%)
     
  • CRUDE OIL

    69.24
    +0.27 (+0.39%)
     
  • Bitcoin CAD

    81,680.27
    +2,922.40 (+3.71%)
     
  • XRP CAD

    0.78
    +0.02 (+2.31%)
     
  • GOLD FUTURES

    2,606.20
    +25.60 (+0.99%)
     
  • RUSSELL 2000

    2,182.49
    +53.06 (+2.49%)
     
  • 10-Yr Bond

    3.6500
    -0.0300 (-0.82%)
     
  • NASDAQ

    17,683.98
    +114.30 (+0.65%)
     
  • VOLATILITY

    16.56
    -0.51 (-2.99%)
     
  • FTSE

    8,273.09
    +32.12 (+0.39%)
     
  • NIKKEI 225

    36,581.76
    -251.51 (-0.68%)
     
  • CAD/EUR

    0.6643
    -0.0004 (-0.06%)
     

Novo Nordisk's Ozempic shortage expected to continue into Q4

A box of Ozempic made by Novo Nordisk is seen at a pharmacy in London

(Reuters) - Novo Nordisk said the shortage of lower strengths of its diabetes drug Ozempic has deteriorated, with intermittent shortages for all strengths expected into the final quarter of 2024 due to increased demand and along with capacity constraints at some of its manufacturing sites.

In a note published by the European Medicines Agency (EMA) on Monday, the obesity drug maker recommended healthcare workers continue limiting treatment initiation of new patients on Ozempic and its other diabetic drug, Victoza, until the supply situation improves.

(Reporting by Shanima A in Bengaluru; Editing by Alex Richardson)