Stock Track | Novo-Nordisk Soars 5.01% Intraday as Amazon Pharmacy Launches Wegovy Weight-Loss Pill

Stock Track01-09

Novo-Nordisk A/S (NVO) shares surged 5.01% during Friday's intraday trading session following Amazon Pharmacy's announcement that it will now offer the company's oral weight-loss drug, Wegovy, through its platform.

The move marks the first time the FDA-approved GLP-1 medication is available in pill form, with Amazon Pharmacy offering it at competitive prices: as low as $25 per month for insured customers and $149 for cash-pay options. The platform also provides nationwide home delivery, including same-day service in some areas, significantly expanding Wegovy's accessibility.

Market analysts view this partnership as a strategic win for Novo-Nordisk, reinforcing its dominance in the weight-loss drug market and potentially disrupting traditional pharmacy distribution channels. The news has fueled investor optimism, driving the stock's sharp upward movement.

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Comments

  • glr
    01-10
    glr
    what is the expected price growth of this deal ?
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