Posted 3/29/2024, 3:17:00 PM
Lawmakers Demand Answers from Novo Nordisk on Huge Ozempic Price Markups Compared to Production Costs
- Study found it costs less than $5 to make a month's supply of popular diabetes drug Ozempic, but list price is over $900
- Lawmakers and advocates calling on drugmaker Novo Nordisk to lower Ozempic's price in light of the findings
- Sen. Bernie Sanders plans to meet with Novo Nordisk's CEO and is considering hearings on Ozempic's pricing
- Rep. Dina Titus also called for Novo Nordisk to reduce Ozempic's cost, citing huge price difference between U.S. and Canada
- Advocacy group Patients for Affordable Drugs highlighted huge markup from production cost to list price for Ozempic