Monday, January 27, 2025
DIGESTWIRE
Contribute
CONTACT US
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Blog
  • Founders
No Result
View All Result
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Blog
  • Founders
No Result
View All Result
DIGESTWIRE
No Result
View All Result
Home Technology

Company behind popular weight-loss drug failed to disclose millions it paid to healthcare groups – watchdog

by DigestWire member
January 27, 2025
in Technology
0
Company behind popular weight-loss drug failed to disclose millions it paid to healthcare groups – watchdog
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The company behind popular weight-loss drugs failed to disclose millions of pounds it paid to healthcare groups and patient organisations, a pharmaceutical watchdog has said.

Novo Nordisk – which manufactures Wegovy, Ozempic and Saxenda – misreported, under-reported or did not disclose funding it gave to pharmacy firms, obesity charities and other professional bodies, according to the Prescription Medicines Code of Practice Authority (PMCPA).

This included £1.2m in payments to healthcare and patient organisations.

Payments were also misattributed to the wrong organisations, including £338,435 paid to the World Obesity Federation that was originally listed as paid to the Association for British HealthTech Industries.

The investigation, led by researchers from the University of Bath, UK and Lund University, Sweden, uncovered a number of serious breaches of the pharmaceutical industry’s code of practice. The research team spent more than 100 hours analysing documents, websites and reports to find evidence of unreported payments.

Keep up with all the latest news from the UK and around the world by following Sky News

It’s not the first time Novo Nordisk has failed to disclose the payments it has made. In 2023, it admitted to the PMCPA it had not disclosed £7.8m it paid to more than 150 organisations over three years.

However, this latest investigation revealed that even after conducting an internal review, the company still failed to record a further £635,000 in additional payments. The company said the figures submitted in their voluntary admission were a “best estimate”.

Dr Emily Rickard said: “The failure to disclose payments is especially troubling, given it coincided with the UK launch of blockbuster weight-loss drugs like Wegovy. It raises serious questions about transparency and accountability.”

A spokesperson for Novo Nordisk said the organisation was “dedicated to working transparently and ethically, taking the reporting of these historical transfers of value extremely seriously”.

“We have already implemented mitigating actions to future-proof how we track and disclose transfers of value, and continue to collaborate with external partners to ensure robust systems and processes are in place,” they added.

“This has enabled us to resubmit all relevant historical data to Disclosure UK and ensure all future transfers of value are accurately and efficiently tracked and disclosed.”

Read more:
‘King Kong’ weight loss drug to be given to fraction of eligible people

Why obesity rates may start falling this year

One doctor called for a “total overhaul” following the findings.

“When a company as large as Novo Nordisk doesn’t disclose payments, it’s not just damaging to their reputation – it undermines trust in the entire healthcare system,” said Dr Piotr Ozieranski.

“Transparency in the UK’s pharmaceutical industry is transparency in name only. A total overhaul is urgently needed.”

Be the first to get Breaking News

Install the Sky News app for free

’20 patients every hour’

It comes as pharmacy leaders issued a fresh warning over the sale of weight-loss jabs in the UK, amid reports some online sellers have set targets for clinicians to process more than 20 patients every hour.

The National Pharmacy Association (NPA) said it was aware of people who had a history of eating disorders, or low body weight, being prescribed the jabs.

A Sky News investigation found the drugs are easily available via online pharmacies.

The NPA has written to the General Pharmaceutical Council saying current rules leave the door open for medicines to be supplied without appropriate checks “and the risk to patient safety remains”.

Weight loss jabs, known as GLP-1 receptor agonists, work by reducing food cravings. Hundreds of thousands of patients are estimated to be buying these drugs privately via online pharmacies.

The NPA has previously urged patients against buying the jabs from unregulated sellers, who may be selling counterfeit products.

Read Entire Article
Tags: SkynewsTechnology
Share30Tweet19
Next Post
Conservationists sue Maine salmon farm over alleged pollution

Conservationists sue Maine salmon farm over alleged pollution

Rain in Southern California creates mudflows but helps firefighters

Rain in Southern California creates mudflows but helps firefighters

‘GEN_’ Review: A Zany Italian Doc on Transgender Healthcare

‘GEN_’ Review: A Zany Italian Doc on Transgender Healthcare

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result
Coins MarketCap Live Updates Coins MarketCap Live Updates Coins MarketCap Live Updates
ADVERTISEMENT

Highlights

Major League Soccer to Move Production Studio to WWE Headquarters

‘GEN_’ Review: A Zany Italian Doc on Transgender Healthcare

Rain in Southern California creates mudflows but helps firefighters

Conservationists sue Maine salmon farm over alleged pollution

Company behind popular weight-loss drug failed to disclose millions it paid to healthcare groups – watchdog

Bird strike traces found in engines of Jeju Air plane that crashed killing 179

Trending

De la Fuente signs contract extension and will remain Spain coach until 2028
Football

De la Fuente signs contract extension and will remain Spain coach until 2028

by DigestWire member
January 27, 2025
0

De la Fuente is now contracted to Spain until after Euro 2028

Former Belgium midfielder Radja Nainggolan arrested on suspicion of cocaine trafficking

Former Belgium midfielder Radja Nainggolan arrested on suspicion of cocaine trafficking

January 27, 2025
‘It’s super special, it’s a childhood dream’ – Owen on Hurricanes’ ‘surreal’ night

‘It’s super special, it’s a childhood dream’ – Owen on Hurricanes’ ‘surreal’ night

January 27, 2025
Major League Soccer to Move Production Studio to WWE Headquarters

Major League Soccer to Move Production Studio to WWE Headquarters

January 27, 2025
‘GEN_’ Review: A Zany Italian Doc on Transgender Healthcare

‘GEN_’ Review: A Zany Italian Doc on Transgender Healthcare

January 27, 2025
DIGEST WIRE

DigestWire is an automated news feed that utilizes AI technology to gather information from sources with varying perspectives. This allows users to gain a comprehensive understanding of different arguments and make informed decisions. DigestWire is dedicated to serving the public interest and upholding democratic values.

Privacy Policy     Terms and Conditions

Recent News

  • De la Fuente signs contract extension and will remain Spain coach until 2028 January 27, 2025
  • Former Belgium midfielder Radja Nainggolan arrested on suspicion of cocaine trafficking January 27, 2025
  • ‘It’s super special, it’s a childhood dream’ – Owen on Hurricanes’ ‘surreal’ night January 27, 2025

Categories

  • Blockchain
  • Breaking News
  • Business
  • Cricket
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Football
  • Health Care
  • Opinion
  • Politics
  • Sports
  • Strange
  • Technology
  • UK News
  • Uncategorized
  • US News
  • World

© 2020-23 Digest Wire. All rights belong to their respective owners.

No Result
View All Result
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Blockchain
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Strange
  • Blog
  • Founders
  • Contribute!

© 2024 Digest Wire - All right reserved.

Privacy Policy   Terms and Conditions

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.