Drug Pricing

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Bloomberg· 2025-08-22 11:20
Lengthy and increasingly fraught negotiations on drug pricing between the UK government and major drugmakers ended without an agreement on Friday https://t.co/czaytpbIui ...
Novo Cuts Price of Ozempic in Half for Cash Buyers
Bloomberg Television· 2025-08-18 14:29
Market Dynamics - Novo Nordisk is aiming to regain market share from Eli Lilly in the GLP-1 market [2][10] - The obesity market is projected to reach $95 billion by 2030 [11] - Novo Nordisk is competing with compounders who offer lower-priced alternatives [4][5] Strategic Moves - Novo Nordisk is launching a cash pay version of Ozempic and expanding partnerships to increase drug accessibility [3][9] - Novo Nordisk is lowering the price of Ozempic for cash-paying patients [3][4] - Novo Nordisk already launched cash pay at cheaper Wegovy back in March for $500 per month [8] Financial Implications - The cost of Ozempic for cash-paying patients is $500 per month at the maximum dose of 2 milligrams per injection, which is $65 per milligram [4] - Compounders are offering alternatives at prices like $119.90 [5]
Eli Lilly raises price of diabetes drug Mounjaro in UK ahead of Trump deadline
CNBC Television· 2025-08-14 22:26
Lily, the best performing stock in the S&P today, up nearly 4%. The company announcing it is raising the lift price of its blockbuster diabetes drug, Monaro, in the UK. President Trump has been pressuring big pharma to get US drug prices more in line with the rest of the world most favored nation status.Let's bring in Dr. . Kavita Patel, who's an NBC News and MSNBC medical contributor. She served in the office of intergovernmental affairs and public engagement under President Obama.Dr. . Patel, great to see ...
Swiss Pharmaceuticals React to Trump's 39% Tariffs
Bloomberg Television· 2025-08-04 13:32
We are seeing Swiss pharmaceuticals react to the, I feel like it's the tariffs sentiment that's hitting Swiss stocks altogether, but also the drug pricing story from Friday as well. Just walk us through how these drug makers have responded, how much room to manoeuvre they actually have. So firstly, there's a lot of uncertainty still for Swiss pharma companies.So the 39% is not actually going to hit them immediately. They sort of have a short stay of execution in some ways, but at the same time they know tha ...
President Trump demands drugmakers slash prices within 60 days
CNBC Television· 2025-08-01 10:54
President Trump demanding that major drug makers lower the prices that they charge Americans in the next 60 days. In a series of letters sent yesterday, President told companies to offer the full portfolio of their drugs uh to Medicaid patients at the same prices paid abroad. This is what's known as most favored uh nation rule.Trump also told drug makers to guarantee that Medicare, Medicaid, and private insurance patients get the same lower overseas prices for all newly approved medicines, and he demanded c ...
Trump Requests 17 Pharmaceutical Companies to Lower Costs | WSJ
WSJ News· 2025-07-31 20:10
According to recent data, the prices that Americans have been paying for brandame drugs are more than three times the price other similar similarly developed nations pay. The president is determined to solve this problem and took further action today. He has signed 17 letters to pharmaceutical companies CEOs and I would like to read you one of these letters to the CEO of Eli Liy.On May 12th, 2025, I signed an executive order delivering most favored nation prescription drug pricing to American patients to st ...