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Novo Nordisk

$NOVO B (-7,77 %) In Denmark, four patients will receive compensation from the state after suffering severe visual damage following the use of the weight loss drug Wegovy and the diabetes drug Ozempic. This was announced by the Danish Patient Compensation Authority (Patienterstatningen). Together, the four patients will receive compensation payments worth the equivalent of around 107,000 euros.

The patients have developed the eye disease NAION (non-arteritic anterior ischemic optic neuropathy), which results in severe, mostly permanent visual impairment. In June, the responsible committee of the European Medicines Agency (EMA) came to the conclusion that NAION is a very rare side effect of medicines containing the active ingredient semaglutide - such as Wegovy and Ozempic. Statistically, it affects up to one in 10,000 patients.

If patients notice a sudden loss of vision or a rapidly increasing deterioration of vision during treatment with semaglutide, they should contact their doctor immediately, writes the EMA. "If NAION is confirmed, treatment with semaglutide should be discontinued."

Authority speaks of "complex cases"

According to the Danish authority, 43 patients in Denmark have applied for compensation so far. Five of these have now been processed. One application was rejected and four patients were awarded compensation.

These are very complex cases, the authority explained. On the one hand, because the drugs are quite new, and on the other hand, because the patients concerned were already at a higher risk of developing NAION due to their pre-existing conditions, including diabetes and high blood pressure.

The drugs Ozempic and Wegovy from the Danish pharmaceutical company are also extremely popular in Germany. In this country, they are also approved for type 2 diabetes and many cases of obesity.

Source :https://www.investing.com/news/stock-market-news/patients-in-denmark-compensated-for-vision-loss-linked-to-novos-wegovy-4372807

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13 Commentaires

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No medication is without side effects. If nobody is forced to take these drugs, nobody will be forced to become overweight, get diabetes and go blind. I remain invested, because this is a pharmaceutical company that doesn't just offer one product. So everyone has their own opinion.
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@Ichbinak63 Not everyone can do something about their diabetes, or prevent it!
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@Spinat I didn't say that either. Please don't read anything into it. It was about unbridled gluttony that makes you ill.
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@Ichbinak63 and I just wanted to say that some people may already be forced to take these or other medications. Just an addition, not an interpretation.
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@Spinat I see it a little differently, it is necessary to access it, but there is no compulsion, because in the end everyone decides for themselves which preparation they take or not.
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@Spinat In my opinion, the problem lies in the misuse of the drug and moral/ethical shifts in companies and society. Diabetes can affect people completely through no fault of their own.
We don't need to discuss that.

However, Novo Nordisk discovered decades ago during the development of the drug that the mice given it showed a reduced feeling of hunger. The chief developer also pointed out this possible field of application to the Management Board at the time. However, the proposal was rejected on the grounds that obesity was a problem for which society needed to find solutions.
Nowadays, people see things differently.

Source: Simplicissimus podcast
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@SteelAnacott We agree on that point.
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Apart from that, visual disturbances, visual impairments, visual disorders are a consequence of diabetes anyway, in which case I would say (unfortunately) nothing unusual. People with diabetes often suffer from it, whether the medication contributes to making things worse? I have no idea!
Every medication has side effects.
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@Aktienorang-Utan I'm with you. Thank you, because with pharma, many scientific and health findings, we are getting older in good health.
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I live in Denmark, it was all over the place here a week ago and it hasn't done anything to the share price. We're talking about a few patients out of how many millions? There are more side effects with the flu vaccine. I have topped up. 🫡
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This is now the final KO of the asset, I see 🔮 further high downside potential here, up to total loss. I sold everything to prevent the crash.........(no investment advice)
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@Crash-Propheteus Why is this very rare NW the KO, and not the other NWs?
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