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British pharma trade body suspends Novo Nordisk for 2 years over serious breaches
London: British pharma trade body, the Association of the British Pharmaceutical Industry (ABPI), has said it has suspended Danish drugmaker Novo Nordisk for two years due to "serious breaches."
ABPI's statement linked to a website of a self-regulatory body run by the association that pointed to complaints about Novo Nordisk-sponsored courses on weight management offered on LinkedIn.
Novo is the market leader in a rapidly growing area, the use of medicines - as opposed to dieting or exercising alone - to lose weight.
"While we are disappointed with this outcome, we accept the decision. We will remain committed to following the ABPI Code of Practice and maintaining the highest possible ethical standards required by the pharmaceutical industry," a company spokesperson said.
Read also: Novo Nordisk to cut US list prices for several insulin products by up to 75 percent next year
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751
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