Novo Nordisk Introduces $499 Wegovy Option for Uninsured Patients
The move follows the FDA's resolution of a semaglutide shortage and aims to compete with compounded alternatives.
- Novo Nordisk has launched NovoCare, a pharmacy service offering Wegovy for $499 per month to uninsured patients or those without obesity medication coverage.
- The price reduction comes after the FDA declared an end to the semaglutide shortage, which had enabled compounding pharmacies to produce cheaper alternatives.
- Novo Nordisk's initiative seeks to regain market share from compounded weight-loss drugs, which are often less expensive but lack FDA approval.
- Competitor Eli Lilly has implemented a similar discount program for its GLP-1 drug Zepbound, with prices starting at $349 per month for uninsured patients.
- Critics argue that while the reduced price improves accessibility, it remains significantly higher than production costs and prices in other countries.