Bernie Sanders Addresses Corporate Greed in Drug Pricing of Ozempic and Wegovy

Tuesday, 17 September 2024, 17:03

Bernie Sanders highlights corporate greed in drug prices, calling attention to the fact that Novo Nordisk charges over $900 for Ozempic. Despite this exorbitant price, generic manufacturers can produce it for significantly less. In discussions with pharmaceutical executives, Sanders revealed that a generic version could be priced under $100 while ensuring profit margins. The manufacturing cost of the drug is reportedly as low as $5 per month.
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Bernie Sanders Addresses Corporate Greed in Drug Pricing of Ozempic and Wegovy

Senator Sanders Confronts Big Pharma Over Drug Prices

In a recent panel discussion, Bernie Sanders criticized corporate greed exhibited by big pharma, specifically targeting Novo Nordisk for its pricing of Ozempic.

Impact of Drug Prices on Patients

Sanders articulated the burden that inflated drug prices impose on American patients. The cost of Ozempic approaches $900 a month, while generic alternatives could be provided at a fraction of that cost, around $100 or even less.

  • Sanders revealed that a study indicates the manufacturing cost for the drug is under $5.
  • He has engaged with pharmaceutical executives, urging them to consider affordable options for patients.

Public Citizen and Legislative Action

Sanders, aligned with advocacy groups like Public Citizen, continues to push for action from the Senate Help Committee to address this pressing issue.


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This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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