Novo Nordisk boosted the list price of Ozempic by 3.5% to $969 for a four-week supply.
Eli Lilly last month raised the list price of Mounjaro by 4.5% to $1,069 for a four-week supply.
However, they may have to pay the list price if they are uninsured or have not yet hit their annual deductible.
Former President Donald Trump, who is running for election again, also unveiled several proposals and issued executive orders aimed at lowering drug costs during his administration.
Another factor is the recent policies that penalize pharmaceutical manufacturers for raising list prices faster than inflation.
Persons:
Drugmakers, Eli Lilly, Eli Lilly’s Zepbound, Ozempic, Eli Lily, Marlene Foss, Foss, “, ”, Mark Rapp, Rapp, ’ ”, Mark Rapp's, grandkids, ” Rapp, Joe Biden’s, Donald Trump, We’ve, Antonio Ciaccia, we’ve
Organizations:
New, New York CNN, Ozempic, Novo Nordisk, CNN, Food and Drug Administration, Nordisk’s, Mounjaro, Medicare, ”, White House
Locations:
New York, Portugal, Doylestown , Pennsylvania, Italy, Mansfield , Ohio, Ohio, Idaho