Novo Nordisk Warns Of Risky Insulin Cartridge Holder For Some Of Its NovoPen Products

By Ciara Linnane Markets MarketWatch Pulse

Novo Nordisk A/S warned Wednesday that the insulin cartridge holder in some of its NovoPen Echo and NovoPen 5 lots may crack or break if exposed to certain chemicals, including some cleaning agents. "Novo Nordisk urges people with diabetes using a NovoPen Echo(R) and/or NovoPen(R) 5 from one of the affected lots to replace the cartridge holder as some could be damaged or subject to damage in the future if not changed," the company said in a statement. The affected products were distributed in Canada and patients can get more information on the company's www.novonordisk.com website, or by contacting the company's customer service line at 1-800-465-4334. Using a device with a cracked or broken cartridge holder can result in a smaller does of insulin than expected and may lead to high blood sugar, the company said. American Depositary Receipts were down 1.3% in premarket trade, but have gained 18.7% in 2017, while the S&P 500 has gained 8.5%.

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