Analyst: Biden's insulin message won't negatively impact Novo Nordisk

The debate about prescription drug prices in the US is far from new, says Sydbank Analyst Søren Løntoft Hansen, pointing out that past years’ discounts on insulins haven’t stopped Novo Nordisk from booking record-breaking results.

by marketwire, translated by daniel pedersen

On Tuesday, President of the United States Joe Biden announced in his State of the Union Address that he would lower the cost of prescription drugs in the US.

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Biden wants to cut costs of prescription drugs in the US
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Joe Biden hopes to end "outrageous" insulin prices
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Novo Nordisk had a record-breaking 2021 profit, but has reined in expectations for 2022
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