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Today, Explained

The Ozempic economy

Today, Explained

Vox

Daily News, Politics, News

4.49.5K Ratings

🗓️ 23 February 2024

⏱️ 26 minutes

🧾️ Download transcript

Summary

The weight loss drug is so profitable that its parent company, Danish health care giant Novo Nordisk, is propping up Denmark’s entire economy. It’s poised to transform America’s too. This episode was produced by Victoria Chamberlin edited by Jolie Myers, fact-checked by Kim Eggleston, engineered by Rob Byers, and hosted by Noel King. Transcript at vox.com/todayexplained Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Almost certainly you know someone who's on one of the big weight loss drugs

0:05.5

Ozempik Wagovi or someone who would like to be but probably you haven't thought

0:10.1

a ton about the company that makes those drugs, Novo Nordis.

0:14.2

Companies based in Denmark but just bought a big manufacturing site in New Jersey,

0:18.9

a hundred plus acres in North Carolina, another huge plant in Indiana, one in Italy, another in Belgium.

0:26.6

This is not normal guys.

0:27.7

This is the kind of expansion you can do only if you've created the airplane or the

0:32.2

iPhone or the next Wonder Trust.

0:35.0

Novo Nordisk is reshaping the Danish economy.

0:41.0

It's bigger than the country's entire gross domestic product and today on today explained

0:45.9

we'll hear an argument that it could reshape the American economy too. Your future, full of possibilities, like traveling the world or welcoming a new

1:05.2

member to the family. Unlock your potential with an investment portfolio managed by

1:10.6

Nupmeg built with your financial goals in mind, with access to free financial guidance whenever you need it.

1:16.5

Make the most of your ISA allowance by the 5th of April before it resets.

1:21.0

Invest in your future today. Search Nutmeg Aisa. Capital at risk. Tax treatment depends on your individual circumstances and may be subject to change.

1:30.0

Looking for a new pharmacy. Switching your prescriptions to boots is easy.

1:35.0

Pop into your local boots with your prescription.

1:39.0

How can I help? Or ask your GP surgery to make boots your nominated pharmacy.

1:43.7

Order your prescription and we'll send you a text message reminder to let you know when it's ready to collect.

1:49.5

Or we have delivery options if you prefer.

1:52.4

Switch to Boots today.

1:54.0

Boots. With you for life.

...

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