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US targets Novo Nordisk's Ozempic and Wegovy for Medicare price talks

Ozempic and Wegovy are now included in Medicare's list of drugs for price negotiations, according to the Biden Administration.
The negotiations will involve 15 drugs and could save taxpayers billions, as stated by Health and Human Services Secretary Xavier Becerra.
Medicare's spending on Ozempic and Wegovy reached $14.4 billion from November 2023 to October 2024, highlighting the need for price negotiations.
The negotiated prices for these drugs will not take effect until 2027, as noted in the announcement.

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El Pais

What are the limits in the fight against obesity? Ozempic owner disappoints the market

Sustaining long-term results is often the most difficult goal for those trying to lose weight. And the same challenge is faced by Novo Nordisk, the Danish laboratory that, back in 2018, introduced Ozempic: the injectable drug that revolutionized the fight against obesity. Seven years later — with a market capitalization of $382 billion, making it the largest firm in Europe — this pharmaceutical company is now struggling to stay in shape. Even th…

2 months ago·Spain

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Newser

Medicare Targets 15 New Drugs for Price Negotiations

Popular diabetes (and weight loss) drugs like Ozempic and Wegovy have been added to Medicare's list of medications that will be negotiated directly between the government and drug manufacturers, the Biden administration said Friday. The price negotiations for the additional 15 drugs selected will be handled by the incoming Trump...

2 months ago·Miami, United States

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Common Dreams

Hailing Ozempic Price Negotiation Plan, Sanders Asks: 'Will Trump Back Down' to Big Pharma?

"We will soon find out," said Sen. Bernie Sanders.

2 months ago·United States

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Outkick

President Biden Had A Very Hard Time Saying The Word 'Ozempic'

President-elect Donald Trump's second inauguration comes on Monday, and for President Joe Biden it probably couldn't come a moment too soon, because the man can't help but stumble his way through speeches, even when he's taking a victory lap.Biden is at the point in his presidency where he's basically just going around trying to convince everybody that his presidency wasn't as terrible as we all know it was.One of the places on this whistle-stop…

2 months ago·Nashville, United States

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