"Study Reveals Shocking Discrepancy in Cost of Ozempic Diabetes Drug Production"

TL;DR Summary
A study by researchers at Yale University, King’s College Hospital, and Doctors Without Borders found that the popular diabetes and obesity drug Ozempic could be produced for less than $5 a month, while Novo Nordisk charges almost $1,000 in the US. The study raises questions about drug pricing and profit margins, with Senator Bernie Sanders calling for a lower list price. Novo Nordisk declined to provide production costs but emphasized its investments to ensure public access to its drugs. The study highlights the immense profit margin on drugs like Ozempic and underlines longstanding criticism of high prices for diabetes therapies, especially insulin.
Topics:business#diabetes#drug-pricing#healthcare-pharmaceuticals#novo-nordisk#ozempic#pharmaceutical-industry
- Ozempic maker Novo Nordisk facing pressure as study finds $1000 appetite suppressant can be made for just $5 Fortune
- Study: ‘gamechanger’ diabetes drugs cost up to 400 times more than needed The Guardian
- Costly Ozempic jab, which costs up to $1,300, can be made for just $5, study claims New York Post
- Ozempic weight loss drug costs less $5 to make, study says Quartz
- Novo Nordisk's $1,000 diabetes drug Ozempic can be made for less than $5 a month, study suggests CNBC
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
4 min
vs 5 min read
Condensed
88%
823 → 102 words
Want the full story? Read the original article
Read on Fortune