Ozempic Generics Pricing Could Drop Below $100 a Month, Claims Sanders

Tuesday, 17 September 2024, 17:00

Ozempic generics have the potential to be sold for less than $100 a month, according to Sen. Bernie Sanders. With price disparities soaring, this generics initiative may drastically lower costs for type 2 diabetes patients. Aiming for affordability, Sanders pushes for generics from major pharmaceutical companies, aligning with other health leaders against high drug prices.
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Ozempic Generics Pricing Could Drop Below $100 a Month, Claims Sanders

Sen. Sanders Advocates for Affordable Ozempic Generics

Sen. Bernie Sanders of Vermont revealed a groundbreaking assertion at a Senate health committee roundtable: generics of Novo Nordisk's Ozempic could be produced and sold for less than $100 a month. Currently, patients endure exorbitant costs approaching $1,000 monthly in the U.S. As a response, Sanders emphasized the potential of generics, citing discussions with various major generics companies.

Highlighting the Drug Cost Crisis

Sanders expressed concern that prices for Ozempic and related drugs like Wegovy threaten to bankrupt Medicare, Medicaid, and the healthcare system. The disparity in pricing is staggering—whereas U.S. patients pay nearly $1,000, those in Canada and Germany pay just $155 and $59, respectively. In a stark contrast, he pointed out that a study in the Journal of the American Medical Association found that injectable semaglutide could be profitably made for less than $5 a month.


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