Connect with us

Hi, what are you looking for?

Health

Eli Lilly and Novo Nordisk Set to Cut Obesity Drug Prices

Eli Lilly and Novo Nordisk are poised to announce agreements with the White House that would significantly reduce prices for their obesity medications. According to a report by Endpoints News, the companies plan to offer the lowest dose of their weight-loss drugs at a price of $149 per month, contingent upon gaining coverage under Medicare.

Patients in the United States currently face some of the highest prescription drug costs globally. On average, U.S. prices can be nearly three times greater than those in other developed countries. This situation has prompted ongoing pressure from the Trump administration for pharmaceutical companies to lower their prices to align more closely with international standards. By securing Medicare coverage, the new pricing strategy could potentially open vast reimbursement opportunities for patients over the age of 65 or those with disabilities.

In a related development, the Wall Street Journal reported that the Trump administration is negotiating arrangements to enable the sale of Eli Lilly’s and Novo Nordisk’s lowest doses through a new initiative called TrumpRx. Under this program, the starting dose of Eli Lilly’s Zepbound is expected to be priced at $299, which represents a $50 reduction from the current direct-to-consumer price.

The official announcement of these agreements is anticipated to occur on Thursday at the White House, where President Trump is expected to be joined by pharmaceutical executives. While White House spokeswoman Karoline Leavitt refrained from pre-empting the President’s announcement, she reaffirmed the administration’s commitment to reducing drug prices. “I won’t get ahead of the president on any future announcements, but I will echo his strong commitment to bringing down drug prices in this country,” Leavitt stated during a briefing.

A spokesperson for Novo Nordisk confirmed that the company is engaged in constructive discussions with the administration regarding the most-favored-nation executive order. Eli Lilly has yet to respond to requests for comment from Reuters regarding these negotiations.

Notably, Eli Lilly and Novo Nordisk are not the only pharmaceutical companies negotiating with the Trump administration. In September, Pfizer became the first drugmaker to reach an agreement, lowering its Medicaid prescription drug prices to match those charged in other developed countries in exchange for tariff relief. Following this, UK-based AstraZeneca signed a similar agreement in October.

As discussions continue, the potential impact of these agreements on patient access and affordability remains a critical topic for stakeholders across the healthcare landscape. The outcome could not only reshape the pricing of obesity drugs but also set a precedent for future negotiations between the government and pharmaceutical companies.

You May Also Like

Top Stories

UPDATE: Authorities have charged 27-year-old Steven Tyler Whitehead with murder following a tragic shooting that critically injured Kimber Mills, a senior cheerleader at Cleveland...

Sports

The UFC event in Abu Dhabi on July 26, 2025, featured a record-breaking performance from Steven Nguyen, who achieved an unprecedented feat by knocking...

Entertainment

**Kat Izzo Defends Relationship with Dale Moss Amid Controversy** Kat Izzo, a contestant from the reality series *Bachelor in Paradise*, publicly affirmed her relationship...

Entertainment

The upcoming Netflix series, Bon Appétit, Your Majesty, is making headlines due to a significant casting change just ten days before filming commenced. Originally...

Lifestyle

Shares of **Amerant Bancorp** (NYSE:AMTB) received an upgrade from Wall Street Zen on March 10, 2024, transitioning from a hold rating to a buy...

Top Stories

UPDATE: Sydney Sweeney’s Baskin-Robbins advertisement is making waves online as backlash intensifies over her recent American Eagle campaign. Just days after critics condemned the...

Politics

King Charles has reportedly outlined specific conditions that Prince Harry must meet to facilitate a potential reunion with the royal family. Following a discreet...

Top Stories

UPDATE: Chicago Cubs designated hitter Kyle Tucker may have just played his last game for the team as free agency approaches. Following the Cubs’...

Top Stories

BREAKING: The historic Durango-La Plata Aquatic Center, a cornerstone of community recreation since its opening in August 1958, is facing imminent demolition as part...

Entertainment

Erin Bates Paine, known for her role on the reality show Bringing Up Bates, was admitted to the Intensive Care Unit (ICU) following complications...

Top Stories

URGENT UPDATE: Affordable motorcycle helmets under ₹1000 are now available for safety-conscious riders across India. With road safety becoming a pressing issue, these helmets...

Business

An off-Strip casino in Las Vegas has unveiled Nevada’s latest sportsbook, Boomer’s Sports Book, as part of a substantial renovation. The new facility opened...

Copyright © All rights reserved. This website provides general news and educational content for informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the information presented. The content should not be considered professional advice of any kind. Readers are encouraged to verify facts and consult appropriate experts when needed. We are not responsible for any loss or inconvenience resulting from the use of information on this site.