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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCNBC: Novo Nordisk Ozempic Diabetes Drug, Costs $1K per month, Made for Less Than $5 per Month.
The blockbuster diabetes drug Ozempic could be manufactured for less than $5 a month, even as Novo Nordisk
charges close to $1,000 per month for the injection in the U.S. before insurance, a study released Wednesday suggests.
The study, from researchers at Yale University, King's College Hospital in London and the nonprofit Doctors Without Borders, raises more questions about the hefty price tag of the top-selling diabetes treatment and similar drugs for weight loss, which are all part of a new class of treatments called GLP-1s.
Demand for those medicines has soared over the last year, even as more insurers drop them from their plans due to cost, leaving some patients unable to afford the drugs.
https://www.cnbc.com/2024/03/27/novo-nordisk-ozempic-can-be-made-for-less-than-5-a-month-study.html
Depending on factors, it could cost as little as 89 cents per month!
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CNBC: Novo Nordisk Ozempic Diabetes Drug, Costs $1K per month, Made for Less Than $5 per Month. (Original Post)
TheBlackAdder
Mar 28
OP
brewens
(13,588 posts)1. Don't medical insurance companies have to be in cahoots with big pharma for this crap to go on?
Why aren't they screaming bloody murder about this shit?
MOMFUDSKI
(5,546 posts)2. The "losing weight" biz is a huge
money maker.
JohnSJ
(92,201 posts)3. Unless there are valid reasons, shouldn't people true to lose weight
without relying on an injection or pill
Long term effects are still not only
Remember fenfen?
Jimbo S
(2,958 posts)4. What was the R&D
was that factored into the unit cost?
ProfessorGAC
(65,054 posts)5. I'm Not Convinced It Does
The article is quite cursory.
The range is so broad ( 89 cents to nearly 5 bucks?) that it's hard to imagine what's in those values.
89 cents is raw material cost? $2 covers that and all overhead, direct & indirect? $5 covers everything, including R&D? Is the $5 cost or theoretical sales price?
The only thing I know for sure us that raw material costs are not $5. Everything else is based on how the accounting was done.