Bernie Sanders Questions Novo Nordisk CEO on High Prices of Obesity Drugs

Wednesday, 25 September 2024, 17:01

Bernie Sanders discusses drug pricing with Novo Nordisk's CEO, focusing on the rising costs of GLP-1 therapy, including Ozempic and Wegovy. The conversation highlights insulin price manipulation and Medicare drug price negotiations, shedding light on the obesity epidemic in the US. Solutions for obesity drug affordability are urgently needed amidst the ongoing Senate hearing on drug prices.
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Bernie Sanders Questions Novo Nordisk CEO on High Prices of Obesity Drugs

Bernie Sanders on Drug Pricing

During a recent Senate hearing, Bernie Sanders brought attention to the issue of drug pricing, particularly regarding Novo Nordisk's obesity drugs such as Ozempic and Wegovy. Novo Nordisk CEO Lars Fruergaard Jørgensen faced intense questioning about the affordability of GLP-1 therapies. With the obesity epidemic in the US intensifying, there is a pressing need to address insulin price manipulation and the role of pharmacy benefit managers.

Understanding Drug Pricing Dynamics

  • Impacts of Medicare drug price negotiations
  • Concerns over PBMs and their influence on drug prices
  • The ongoing ozempic price debate and its ramifications

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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