(no title)
mjamil
|
6 months ago
Given that it costs NN ~$5 to manufacture, and it's an effective drug that's an also-ran in the market, why still charge such a huge markup? NN should be selling it for $35-$50/month and buy the market share while feverishly working on a multi-GLP1 replacement.
toomuchtodo|6 months ago
(I pay $350/month cash rate for my partner’s monthly tirzepatide)
https://investor.lilly.com/news-releases/news-release-detail...
How Ozempic's maker lost its shine after creating a wonder drug - https://news.ycombinator.com/item?id=44942077 - August 2025
wpm|6 months ago
soegaard|6 months ago
Due to the system of insurance companies and PBMs in the US the list price is often high.
When PBMs a are negotiating with the pharmaceutical companies, they have an incentive to keep a high list price. Let's say the PBMs and a pharmaceutical company negotiates for the price of a drug X.
If the pharmaceutical company lowers the price of the drug X, and there are other comparable drugs from other companies on the market, then there is a risk that the PBM simply drops the drug X from their lists. Instead, they make a better deal (for them) on drug Y.
For the company producing X, being omitted from the insurance companies lists, is bad business.
As an outsider, it is difficult to understand that the US keeps the private insurance layer and the PBMS.
Now - the insurance companies also don't pay list prices. They get a rebate. But they - and here my memory fails me - the get some money from ... the government based on the list price.
Look at the congress hearings on the high medicine prices on YouTube.
phonon|6 months ago
blacksmith_tb|6 months ago
haebom|6 months ago
hulitu|6 months ago