"Study Reveals Shocking Discrepancy in Ozempic Manufacturing Costs"

TL;DR Summary
Senator Bernie Sanders is demanding a meeting with Novo Nordisk's CEO to discuss lowering the price of the diabetes and obesity drug Ozempic, which costs nearly $1,000 per month in the US. This comes after a study revealed that the drug could be manufactured for less than $5 per month. Sanders called the current price "outrageous" and is considering hearings on the cost of similar drugs. He also expressed concerns about the impact on Medicare and Medicaid budgets and hopes to lower out-of-pocket costs for patients. The rising costs of these drugs have led to questions about sustainability and coverage by state health plans and Medicaid offices.
Topics:business#bernie-sanders#drug-pricing#healthcare-pharmaceuticals#medicare#novo-nordisk#ozempic
- 'Outrageous': Bernie Sanders has Ozempic demands after study says it costs just $5 per month to manufacture Fortune
- Study: ‘gamechanger’ diabetes drugs cost up to 400 times more than needed The Guardian
- 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
- Sanders goes after Ozempic cost The Hill
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
77%
465 → 107 words
Want the full story? Read the original article
Read on Fortune