Tag Archives: Drug

Lured by high demand, Korean wholesaler smuggled Novo’s obesity drug Saxenda into China

Anti-obesity drug Saxenda has been one of Novo Nordisk’s key growth drivers lately—and apparently, a Korean wholesaler noticed. The pharmaceutical middleman allegedly smuggled the popular drug into China, where it’s not yet approved. Korean regulators are investigating the wholesaler for allegedly hawking Saxenda in China, Korea Biomedical Review reported, citing multiple sources. A Novo spokeswoman confirmed to FiercePharma… Read More »

Democrats, bruised by Obamacare fight, skeptical of Trump siding with them on drug prices

Democrats reacted with skepticism this week when President Trump decided to embrace a policy they favor and install price controls on certain Medicare drugs, a reaction that reflects the lingering resentment from 2017’s bruising fight over Obamacare repeal. Trump broke with traditional Republican policy when he announced a proposal Thursday to tie reimbursement for certain… Read More »