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NickB79

(19,321 posts)
Fri Mar 29, 2024, 10:59 AM Mar 29

Ozempic maker Novo Nordisk facing pressure as study finds $1,000 appetite suppressant can be made for just $5

https://fortune.com/europe/2024/03/28/ozempic-maker-novo-nordisk-facing-pressure-as-study-finds-1000-appetite-suppressant-can-be-made-for-just-5/

Ozempic could be profitably produced for less than $5 a month even as maker Novo Nordisk A/S charges almost $1,000 in the US, according to a study that revives questions about prices for top-selling treatments for diabetes and obesity.

The blockbuster drug could be manufactured for 89 cents to $4.73 for a month’s supply, figures that include a profit margin, researchers at Yale University, King’s College Hospital in London and the nonprofit Doctors Without Borders reported in the journal JAMA Network Open. That compares to the monthly US list price of $968.52 for Ozempic, a weekly injection.


Pharmaceutical companies gouging patients again.
26 replies = new reply since forum marked as read
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Ozempic maker Novo Nordisk facing pressure as study finds $1,000 appetite suppressant can be made for just $5 (Original Post) NickB79 Mar 29 OP
Is that what ozempic does ? I thought it caused weight loss even if people ate anything they wanted JI7 Mar 29 #1
It slows stomach emptying, which reduces appetite NickB79 Mar 29 #2
It seems like it would be really uncomfortable JI7 Mar 29 #4
The consequences of obesity are worse. Elessar Zappa Mar 29 #9
I don't know - some worrisome side effects womanofthehills Mar 29 #23
I'm sorry Blue Idaho Mar 29 #16
No problem NickB79 Mar 29 #18
Thank you! Blue Idaho Mar 29 #22
Yes. People lose their former appetite and cravings. Greybnk48 Mar 29 #7
I am one of those people, and I can't get it. AwakeAtLast Mar 29 #13
Me too. I'm on Mounjaro for type 2 diabetes. Greybnk48 Mar 29 #25
People eat anything but can't eat much of it uponit7771 Mar 29 #24
You are not including edhopper Mar 29 #3
I'm sure that Paul McCartney song advertisement doesn't come cheap. Hassin Bin Sober Mar 29 #5
Magic by Pilot edhopper Mar 29 #8
Oooff Hassin Bin Sober Mar 29 #17
Don't forget the cost of lobbyists. multigraincracker Mar 29 #6
If the company can't mark up a product by 20,000% Dirty Socialist Mar 29 #10
Seriously PatSeg Mar 29 #12
one thing they are omitting moonshinegnomie Mar 29 #11
1000000 months of sales to recoup research costs? Lancero Mar 29 #21
A lot more goes into it besides the cheap reagents Warpy Mar 29 #14
My prescription was just rejected Jimbo S Mar 29 #15
nearly all companies. Xoan Mar 29 #19
Without a huge markup, how could they afford inundating us with commercials 24/7? Won't somebody flvegan Mar 29 #20
Wife is prediabetic and PCOS it worked wonders, til insurance refused to pay JT45242 Mar 29 #26

JI7

(89,330 posts)
1. Is that what ozempic does ? I thought it caused weight loss even if people ate anything they wanted
Fri Mar 29, 2024, 11:05 AM
Mar 29

so the people on it and losing weight are actually eating less ?

NickB79

(19,321 posts)
2. It slows stomach emptying, which reduces appetite
Fri Mar 29, 2024, 11:07 AM
Mar 29

I've read of cases with people in need of surgery that still have stomach contents days after their last meal, so people on Ozempic have to be more careful scheduling surgeries now (you don't want patients under anesthesia to vomit).

JI7

(89,330 posts)
4. It seems like it would be really uncomfortable
Fri Mar 29, 2024, 11:53 AM
Mar 29

and unhealthy to still be full of food you ate days ago.

womanofthehills

(8,838 posts)
23. I don't know - some worrisome side effects
Fri Mar 29, 2024, 07:07 PM
Mar 29

My honey’s son is on it - so I checked side effects. Some are worrisome. He’s not even that overweight- just has a big stomach. Surprised his dr put him on a lifelong drug.

https://www.drugs.com/sfx/ozempic-side-effects.html

Warning that it causes cancer of thyroid in rats!

Another site says lots of lawsuits already.. https://www.msn.com/en-us/health/other/know-potential-side-effects-of-weight-loss-drugs-ozempic-and-mounjaro/ar-BB1kLOug

“he continued, "Those are the ones that you see -- GI, nausea, vomiting, constipation, diahrrea, a lot of abdominal pain."

In addition, there's a risk of intestinal blockage. The FDA placed that warning on the labels of Ozempic, Mounjaro and Wegovy last fall.

And the Ozempic website includes a warning about possible thyroid cancer.”

Mayo Clinic lists all drugs you should NOT take this drug with

https://www.mayoclinic.org/drugs-supplements/semaglutide-subcutaneous-route/side-effects/drg-20406730?p=1

Greybnk48

(10,188 posts)
7. Yes. People lose their former appetite and cravings.
Fri Mar 29, 2024, 12:28 PM
Mar 29

However, not everyone getting on these drugs is overweight due to genetics. The ones who are, are having the most success, and that's who the drugs are really for. These people will be on the drugs the rest of their lives, instead of something like metformin.
People who are not genetically predisposed to be overweight, who just eat an awful diet of high fat/high carb highly processed food usually don't lose as much or very little.

I've been on chat rooms were people are pissed that they can't just eat garbage and lose weight. But, fortunately, It really, really works for many who could not lose with diet and exercise.

AwakeAtLast

(14,153 posts)
13. I am one of those people, and I can't get it.
Fri Mar 29, 2024, 01:34 PM
Mar 29

It runs out at the pharmacy because for profit clinics get it all.

Greybnk48

(10,188 posts)
25. Me too. I'm on Mounjaro for type 2 diabetes.
Fri Mar 29, 2024, 10:39 PM
Mar 29

Last month I almost had to go without. I moved my prescription to an area trauma hospital, at their recommendation, and they found some for me. We'll see what happens this month.
I'm completely off other diabetic meds, all blood pressure meds, and my A1c is normal for the first time in 16 years (5.3). I've also lost 51 lbs since the end of August and feel amazing for the first time in almost 20 years.

Hassin Bin Sober

(26,388 posts)
5. I'm sure that Paul McCartney song advertisement doesn't come cheap.
Fri Mar 29, 2024, 12:10 PM
Mar 29

Though not very enlightening. I finally had to look it up to see what they were advertising.

multigraincracker

(32,843 posts)
6. Don't forget the cost of lobbyists.
Fri Mar 29, 2024, 12:10 PM
Mar 29

For every $400 million invested,
they get $4 billion back.
Neo-liberal Capitalism , the best system money can buy.

Dirty Socialist

(3,252 posts)
10. If the company can't mark up a product by 20,000%
Fri Mar 29, 2024, 12:39 PM
Mar 29

What incentive do they have in inventing anything?
I am asking for my right wing brother.

moonshinegnomie

(2,524 posts)
11. one thing they are omitting
Fri Mar 29, 2024, 01:04 PM
Mar 29

(and im not defending the cost of the drug) is how much it cost to research it. Novo spends 5B a year on research. if you assume that the research cost 1B over all thats 1,000,000 months of sales just to cover research costs.

personally i think if a drug costs more than 2x the cost in europe or the rest of teh developed world then teh drug company should be taxxd at an extremely high rate on the overage with the money going straight to medicare/medicaid


Lancero

(3,028 posts)
21. 1000000 months of sales to recoup research costs?
Fri Mar 29, 2024, 05:38 PM
Mar 29

How many customers do you think this is going to have, one?

A months supply costs $5 to make, but lets be generous to the pharmaceutical company here. They'll sell it for $100 a month, and assume half that makes up production, shipping, packaging, ect al... So 50 per customer per month in pure profit. $600 a year pure profit per customer, they'd need ~1.6M customers over a year to make up their research investment.

Obesity is very common in the US, ~42% of the population is in some way obese. Which, based on the US's current population, gives them a potential base of ~140 million customers. And that's before considering how well this could sell overseas.

Warpy

(111,578 posts)
14. A lot more goes into it besides the cheap reagents
Fri Mar 29, 2024, 01:57 PM
Mar 29

and right now, it's in that patented, stick-em-up period when the company recoups the cost of trials and record keeping and getting FDA approval and other hidden costs. Yes, they're profiteering, there is no way that drug should be quite that expensive. HOwever, during the patent period, it will be expensive, it has to be.

I've been involved with a lot of the process over the years and have seen what goes into bring a new drug onto the market, both the slog of limited human trials followed by large scale trials, the horrendous amount of paperwork, and how adverse effects are sorted out from things that are not related to the drug. I've also seen a streamlined process during the AIDs catastrophe in which the FDA unbent enough to allow compassionate use of investigational drugs, some of which worked, thank goodness and the NIH.

This is why a new drug, especially a breakthrough drug, costs a lot of money at first. Pure reseatch discovering the drug and the manufacturing of it are the cheapest parts of the process.

My problem with Ozempic, specifically, is that the data have shown that once people become svelte and discontinue the drug, they fatten right up again. Clearly more research needs to be done on an optimum maintenance dose, if there is one, to allow formerly obese people from becoming obese again. This is unlikely to be done while the company is still profiteering, which they are..

Jimbo S

(2,961 posts)
15. My prescription was just rejected
Fri Mar 29, 2024, 02:22 PM
Mar 29

by my insurance company. Will attempt to appeal.

Unfortunately, had the same experience as noted in the post right above mine.

flvegan

(64,431 posts)
20. Without a huge markup, how could they afford inundating us with commercials 24/7? Won't somebody
Fri Mar 29, 2024, 05:35 PM
Mar 29

PLEASE think of the poor commercials???!!!

JT45242

(2,357 posts)
26. Wife is prediabetic and PCOS it worked wonders, til insurance refused to pay
Fri Mar 29, 2024, 11:58 PM
Mar 29

Wife was on ozempic to treat her prediabetic condition.

She lost a lot of weight and her A1C went from borderline high to the low side of normal.

Was on it a year when the insurance company refused to let her stay on it because her A1C was no longer high.

I would gladly pay a normal $20 copay or even the $75 a month for the non generic ADHD med that the son has to take because the generic gave him side effects.

But the $1000 a month was too much.

Hopefully, if Dems win this year, they will go after pharmaceutical companies for this kind of excessive greed.

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