Novo Nordisk A/S and Eli Lilly & Co. must add warning labels to their weight-loss and diabetes drugs about a potential rare side effect that could permanently damage patients' vision.
The US Food and Drug Administration will now require GLP-1 drugs including Novo's Wegovy and Ozempic and Lilly's Mounjaro, Zepbound and Foundayo to carry warnings that they may increase the risk of non-arteritic anterior ischemic optic neuropathy, or NAION. The rare condition can cause decreased vision and potentially permanent vision loss.
Concerns have risen about the side effect in recent years. In 2024, a Harvard University study linked Novo's Ozempic to an increased risk of vision loss. Last year, four patients who developed the serious eye condition won compensation in Denmark, where the company is headquartered.
Novo will continue to review new research and monitor the safety of its medicines, said Liz Skrbkova, director of media and stakeholder relations, in a statement. The company is confident in the benefit-risk profile of its drugs, she said.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
The warning applies to all GLP-1 receptor agonists, with the FDA noting that cases have been reported with all of the currently marketed products.
Lilly's shares rose 3.2% at 12:02 p.m. in New York on Monday, while Novo gained 1.2% in Copenhagen.
A Lilly spokesperson said the company is evaluating the FDA's update, which they noted does not cite any cases that specifically involve Lilly's medicines.
“As always, we will remain in close contact with the agency and continue to review all available data, including any data regarding ophthalmic events,” spokesperson Misty Fuller said in a statement.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.