Novo Nordisk and Eli Lilly Slash Prices for Popular Weight Loss Drugs
Wegovy and Zepbound now cost significantly less for uninsured patients as FDA ends drug shortage designations.
- Novo Nordisk has reduced the monthly price of its weight loss drug Wegovy to $499 for uninsured patients or those with non-covering insurance, down from $1,350.
- The price cut is part of a direct-to-consumer program through NovoCare Pharmacy, which offers home delivery and patient support services.
- Eli Lilly recently implemented similar price reductions for its weight loss drug Zepbound, with starter doses priced at $349 and higher doses at $499 through its self-pay program.
- Both companies are addressing affordability and competition in the GLP-1 drug market, which has seen soaring demand due to the drugs' effectiveness in weight loss.
- The FDA has removed Wegovy and Zepbound from its drug shortage list, requiring compounding pharmacies to cease producing off-brand versions by late May.