Global Trade Alert
Global Trade Alert

United States of America: Agreement with Novo Nordisk on Most-Favoured-Nation drug pricing and tariff exemption

Announcement

06 Nov 2025

In November 2025, the United States government announced an agreement with Novo Nordisk to implement most-favoured-nation drug pricing for American patients. The agreement secured an exemption for Novo Nordisk from prospective tariffs on the pharmaceutical imports.

Source

Sign in to access

Number of interventions

4

0 certainly harmful

4 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 07 Nov 2025
Localisation, nes

Recent update from 07 Nov 2025:

On 6 November 2025, the U.S. Administration announced an agreement with Novo Nordisk. Under the agreement, Novo Nordisk will be exempt from future Section 232 tariffs on pharmaceutical products for...

Sign in to see more
Updated: 07 Nov 2025
FDI: Financial incentive

Recent update from 07 Nov 2025:

On 6 November 2025, the U.S. Administration announced an agreement with Novo Nordisk. Under the agreement, Novo Nordisk committed to make investments in manufacturing in the United States. In retur...

Sign in to see more
Updated: 07 Nov 2025
Tax or social insurance relief

Recent update from 07 Nov 2025:

On 6 November 2025, the U.S. Administration announced reaching an agreement with Novo Nordisk. Under the agreement, Novo Nordisk will be exempt from future Section 232 tariffs on pharmaceutical pro...

Sign in to see more
Updated: 07 Nov 2025
Import tariff

Recent update from 07 Nov 2025:

On 6 November 2025, the United States announced an agreement with Novo Nordisk providing the company with three years of tariff relief from the future Section 232 pharmaceutical tariffs. In exchang...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.