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Mike Doustdar

๐Ÿ‘ค Speaker
173 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

TrumpRx, of course, will be coming up soon as well, as well as, of course, the traditional channels that usually medicine is procured in U.S.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

Let me take you back.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

You know, 10 years ago, when we started the journey of putting a peptide into a pill, no one thought scientifically that is possible.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

You have to remind your audience that pills are usually chemical entities, small molecules, and not proteins and peptides.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

And often they have lower efficacy because of that.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

When we decided to actually go this route, everyone thought scientifically this is impossible.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

Then after that, when we proved them wrong, people thought that we cannot scale that because this is quite difficult to do, again, because it's a large molecule inside a pill.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

Again, we have shown confidence that we are able to scale this more than enough for every single person who would want to take the pill, and we're ready for that.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

And then, of course, lastly, people are writing us off that this would not be possible at an affordable

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

And I'm also very happy to say, once again, we are proving all of these skeptics wrong.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

So I'm super excited that we have something that is borderline miracle, in my own humble opinion, a peptide and a pill with a high efficacy produced at scale.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

And we're going to actually sell it through all channels at relatively affordable price.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

You know, in my own family and circle of friends, there are a number of people that have been very attracted in taking a GLP-1 product and reducing weight.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

Unfortunately, they have not, you know, taken that journey because they've been either afraid of injections or there's the taboo of injection.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

I think a lot of these people today will be able to find Vigovipil incredibly interesting as a way, again, to come in, get the same efficacy as your injection,

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

but in a form factor of appeal.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

So in short, I think the market will expand quite a bit, actually, for many of these people that have just been waiting and seeing the injectable versions of these GLP-1 products taking the world by storm.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

Well, again, the whole negotiation with Trump's administration has been around providing access at an affordable price.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

And we have announced that we will start the starting dose of the big OV pill at 149, which I think is a very affordable price for many Americans to get interested at.

Bloomberg Talks
Novo Nordisk President and CEO Talks Wegovy Pill

And I will say that as we go forward, of course, we will very much