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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.

FILE - Donna Cooper holds up a dosage of Wegovy, a drug used for weight loss, at her home in Front Royal, Va., on Friday, March 1, 2024. (AP Photo/Amanda Andrade-Rhoades, File)
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Overview

  • 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.