A recent study has revealed that Novo Nordisk's diabetes and weight loss drug, Ozempic, which is currently sold for around $1,000 per month or $11,600 annually, can actually be manufactured for less than $5. This significant price discrepancy has sparked a wave of criticism and calls for price reductions, including from Senator Bernie Sanders, who is seeking a meeting with Novo Nordisk's top executive to discuss lowering the drug's price. The study's findings have also highlighted the potential for the drug to be made available at a much more affordable rate, raising questions about the pricing strategies of pharmaceutical companies, especially considering Novo Nordisk's $2B annual R&D expenditure. Additionally, Costco has announced a new weight-loss program for its members, which will include prescription medications like Ozempic, at a cost of $179, further indicating the growing demand and interest in the drug.
Costco will provide prescriptions for GLP-1 weight loss drugs like Ozempic through the warehouse retailer's low-cost health care partner. https://t.co/irvedwMALx
Is Donald Trump using Ozempic? https://t.co/8FXE4VHTeY
Ozempic at Costco: Store’s new $179 weight loss plan includes prescription https://t.co/vycgXv6t4L
Starting Tuesday, Costco members in the U.S. have access to a new weight loss program through the company's virtual healthcare platform, Sesame, which will now offer prescription medications like Ozempic. https://t.co/9mNtHFWxuv
GLP-1 generics would be dramatically cheaper than U.S. price of Ozempic, study shows, but still profitable. https://t.co/DQDLPxiRlS
Bernie Sanders Accuses Ozempic Manufacturer of Massive Price Gouging: 'People Are Sick and Tired of Being Ripped Off!' https://t.co/SwifZskUX9
Exclusive: Costco will offer weight-loss program to members through medical partner https://t.co/78VRZ4cS7A
Exclusive: Costco will offer weight-loss program to members through medical partner https://t.co/hq6oobDCnI via @usatoday
🇺🇸 Costco will offer weight-loss program to members through medical partner https://t.co/kIJgwFEfR1
Dr. Peter Michalos: Ozempic may not be good for long term use https://t.co/rYRNUih8Ij
Ozempic costs about $1,000 a month in the U.S, $155 in Canada, and less than $60 in Germany. https://t.co/dmZsdpPUXp
Ozempic was invented by a Danish pharma company https://t.co/Yjq5UXUg9A
Novo Nordisk spent $2B a year in R&D over a decade to trial and develop Ozempic. https://t.co/OY39fVYvoM
Ozempic, the popular diabetes drug that has also become a popular weight loss medication, could be manufactured for less than $5 a month, according to a recently released study. https://t.co/BRAxkfEkdN
Your $1,000-per-month Ozempic costs $5 to make, says study https://t.co/ejgSMo2QDc
Senator Bernie Sanders wants to meet next week with Novo Nordisk’s top executive about lowering the price of its blockbuster drug Ozempic. https://t.co/hsfkaa15Ix via @bpolitics
Ozempic Could Sell at a Profit for $57 a Year, Report Says. It’s Priced at $11,600. https://t.co/2BUV65wqMV
Bernie Sanders Demands Cheaper Ozempic https://t.co/oHZumgBGmL
Bernie Sanders wants to meet next week with Novo Nordisk about lowering the price of Ozempic. https://t.co/WSAYnWNwqh
Ozempic can be made for $5 a month, includes tax and profit Executives at Novo Nordisk wept The good news is that now people can afford it The bad news is everyone will want it and take it forever, and never learn to eat real food and exercise https://t.co/hqze3Reqdn
Novo Nordisk's $1,000 diabetes drug Ozempic can be made for less than $5 a month, study suggests Good news: people can afford it, health insurance won't go bankrupt Bad news: now everyone will want it and be on it for life https://t.co/z3SAgRSaS6
Ozempic maker Novo Nordisk facing pressure as study finds $1,000 appetite suppressant can be made for just $5. https://t.co/S3QdedLFHH
A new study finds $NVO's blockbuster diabetes drug Ozempic can be manufactured for under $5 for a month's supply. Study co-author @mellabarb dives into the findings: https://t.co/BgHkjgwFsp
Ozempic maker Novo Nordisk facing pressure as study finds $1,000 appetite suppressant can be made for just $5 https://t.co/Nrq44vZUd9