{"id":119777,"date":"2025-11-05T19:34:11","date_gmt":"2025-11-05T19:34:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/119777\/"},"modified":"2025-11-05T19:34:11","modified_gmt":"2025-11-05T19:34:11","slug":"lilly-and-novo-rise-on-report-of-deal-for-medicare-coverage","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/119777\/","title":{"rendered":"Lilly and Novo Rise on Report of Deal for Medicare Coverage"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Shares of <a href=\"https:\/\/www.bloomberg.com\/quote\/LLY:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Eli Lilly &amp; Co<\/a> and <a href=\"https:\/\/www.bloomberg.com\/quote\/NVO:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Novo Nordisk A\/S<\/a> rose on a report that the companies were preparing to announce new deals with the White House to lower prices for weight-loss drugs in exchange for coverage under Medicare.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Lilly shares rose 1.5% at 10:36 a.m. in New York, while Novo\u2019s US depositary receipts gained 1.3%, reversing earlier losses. The news was reported by trade publication <a href=\"https:\/\/endpoints.news\/lilly-and-novo-near-white-house-deal-on-obesity-drugs-prices\/?\" title=\"link\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Endpoints<\/a>, which cited people familiar with the matter.<\/p>\n","protected":false},"excerpt":{"rendered":"Shares of Eli Lilly &amp; Co and Novo Nordisk A\/S rose on a report that the companies were&hellip;\n","protected":false},"author":2,"featured_media":119778,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[1757,27535,2024,246,266,134,527,648,8307,1767,111,139,27536,69,135,5189],"class_list":{"0":"post-119777","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-healthcare","8":"tag-drugs","9":"tag-eli-lilly-co","10":"tag-europe","11":"tag-finance","12":"tag-government","13":"tag-health","14":"tag-healthcare","15":"tag-industries","16":"tag-law","17":"tag-new-york","18":"tag-new-zealand","19":"tag-newzealand","20":"tag-novo-nordisk-a-s-b","21":"tag-nz","22":"tag-politics","23":"tag-white-house"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/119777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=119777"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/119777\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/119778"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=119777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=119777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=119777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}