Senator Warren Urges FTC to Probe Novo Nordisk-Catalent Merger

Oct. 10, 2024, 12:32 PM UTC

Senate Democrat Elizabeth Warren urges the Federal Trade Commission to closely scrutinize a proposed merger between Novo Nordisk and contract development and manufacturing organization Catalent, according to a letter sent to FTC Chair Lina Khan.

  • Warren says the merger could lead to higher costs for prescription drugs and asks the FTC to block the deal if it is found to be breaking antitrust law
  • NOTE: Novo Seals $11 Billion Catalent Deal to Lift Wegovy Output

To contact the reporter on this story:
Maria Luiza Rabello in Washington at mrabello@bloomberg.net

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