Now Trump comes with the message giving Novo Nordisk Nightmares
Novo and the rest of the industry can be pressed
Donald Trump is not known for putting his fingers in between, and now he is again ready with a message that can make the alarm bells ring in Danish medical circles. During a dinner with the National Republican Congressional Committee on Tuesday night, the former president said he will soon introduce a « large » duty on medicine imported to the United States.
According to Trump, customs must act as a kind of whip – a pressurizer that will cause pharmaceutical companies to move their production to the United States. He mentioned directly that companies that today produce in countries like China will be forced to change strategy if they want to keep their access to the US market.
The play can have major consequences for pharmaceutical algigants worldwide – including Danish Novo Nordisk, which has the United States as its largest market. If Trump’s announcement becomes concrete policy, it could mean that Novo and similar companies will be met by new economic barriers if they do not move more production to the United States.
« When they hear it, they will leave China. They will leave other countries because they have to sell – and most of their product is sold here, » Trump said according to TV 2.
The US market is crucial to Novo Nordisk, which sells large quantities of insulin and weight loss medicine such as Wegovy and Ozempic to US consumers. Therefore, any new duty or trade barrier may be felt directly on the bottom line.