(Reuters) -The Senate Committee on Well being, Schooling, Labor, and Pensions stated on Friday that Novo Nordisk (NYSE:) CEO Lars Jorgensen has agreed to testify voluntarily in a listening to specializing in U.S. costs for weight reduction medication Ozempic and Wegovy.
A U.S. Senate well being panel vote that was scheduled for its June 18 assembly, to determine whether or not to subpoena Novo to reply questions on U.S. costs for the blockbuster medication, is now not mandatory and will likely be canceled, Senator Bernie Sanders, who chairs the committee, stated.
The subpoena would have required Novo President Doug Langa to testify at a July 10 listening to.
Jorgensen will testify earlier than the committee, and the listening to will likely be held in early September.
Novo costs Individuals $1,349 a month for Wegovy, whereas it may be bought for $140 in Germany and $92 within the UK, Sanders stated.
“The Committee seems ahead to Mr. Jorgensen explaining why Individuals are paying as much as ten or 15 occasions extra for these medicines than folks in different nations,” Sanders added.
In April, Sanders despatched a letter to Langa searching for extra info on U.S. costs for the 2 medication.
Novo responded with a letter in Might blaming the U.S. well being system for the excessive costs, in accordance with a report.
