The French drugmaker is the last major insulin manufacturer to try to head off government efforts to cap monthly costs by announcing its own steep price cuts.
Novo Nordisk is planning to slash the price of several insulin drugs by up to 75% in the U.S., following a similar move by Eli Lilly.
These are the stocks posting the largest moves in midday trading.
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
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