Why Is Ozempic So Expensive? Novo Nordisk Blames Prescription Drug Middlemen …C0NTINUE READING HERE >>>
Key Takeaways
A U.S. Senate panel criticized Novo Nordisk for the high prices of Ozempic and Wegovy.Novo Nordisk CEO blamed high prices on industry middlemen known as pharmacy benefit managers (PBMs), saying that these intermediaries have the power to remove drugs from their formularies in response to a price cut.Senator Bernie Sanders said that he had written commitments from major PBMs to protect access to the drugs if the list price is reduced.
Last week, a U.S. Senate panel questioned Novo Nordisk’s top executive about the high price of the company’s blockbuster obesity and…
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