Bipoc News

Sanders calls for Novo Nordisk to slash Ozempic, Wegovy prices

Sen. Bernie Sanders (I-Vt.) called on pharmaceutical manufacturer Novo Nordisk to slash prices for two of its drugs Wednesday, citing a new study on the costs to manufacture the medications.

The research found that a weekly injection of semaglutide — which is the generic name for Ozempic — can be manufactured at a cost between $0.89 and $4.73 per month.

“Today, a new Yale study found that Ozempic costs less than $5 a month to manufacture. And yet, Novo Nordisk charges Americans nearly $1,000 a month for this drug, while the same exact product can be purchased for just $155 a month in Canada and just $59 in Germany,” Sanders said in a statement.

The monthly price for Ozempic is $935, according to Novo Nordisk’s website. The manufacturer’s weight loss drug, Wegovy, is also a semaglutide injection. Its list price is about $1,349 per month.

“As Chairman of the Senate Committee on Health, Education,…

Read more…

Leave a Comment

Your email address will not be published. Required fields are marked *