GLP-1 Forum

Trump offers Ozempic for $150

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It looks like he claimed there was a deal to make ozempic cost $150, but there isn't, at least not yet.

I have mixed feelings about the prices falling. Obviously I want more people to be able to afford these drugs. But without huge profit margins, it's not clear we'll get the same level of innovation we've come to expect. Yes, retatrutide and tirzepatide are awesome, but they cost billions to develop, and if we want more innovation like that, there needs to be billions more for the taking.

I think the best outcome would be that the government doesn't negotiate any such deal, Americans keep paying through the nose for few more years for peptides, and new entrants like Boehringer Ingelheim, Roche, and Viking add competitive pressure so the prices of sema, tirz, and eventually reta are forced down. Ozempic list won't fall to $150, but more PBMs/policies will cover it with reasonable copay.
 
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diogenes said:
It looks like he claimed there was a deal to make ozempic cost $150, but there isn't, at least not yet.

I have mixed feelings about the prices falling. Obviously I want more people to be able to afford these drugs. But without huge profit margins, it's not clear we'll get the same level of innovation we've come to expect. Yes, retatrutide and tirzepatide are awesome, but they cost billions to develop, and if we want more innovation like that, there needs to be billions more for the taking.

I think the best outcome would be that the government doesn't negotiate any such deal, Americans keep paying through the nose for few more years for peptides, and new entrants like Boehringer Ingelheim, Roche, and Viking add competitive pressure so the prices of sema, tirz, and eventually reta are forced down. Ozempic list won't fall to $150, but more PBMs/policies will cover it with reasonable copay.
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But the shitty part is, these companies make back their R&D investment in a year, if not sooner. They still charge up the ass for it. So they have zero sympathy from me.
 
Oh, I'm not talking about sympathy for the companies. I have no more sympathy for them than I do for any other non-sentient entity.

I'm just saying I want them or whoever else to keep pouring billions into weight loss/diabetes drug development, because these drugs could get even awesomer. So I'm in favor or whatever accomplishes that. If that's socialist queer space anarchism, fine. If it's lining the pockets of JP Moneybags, also fine. I just want cool drugs.
 
For every drug brought to market 10 to 20 are not. You have to pay for all the R&D with the winners. It's that simple, it's not greed it's business.
There is no free lunch.
 
diogenes said:
It looks like he claimed there was a deal to make ozempic cost $150, but there isn't, at least not yet.

I have mixed feelings about the prices falling. Obviously I want more people to be able to afford these drugs. But without huge profit margins, it's not clear we'll get the same level of innovation we've come to expect. Yes, retatrutide and tirzepatide are awesome, but they cost billions to develop, and if we want more innovation like that, there needs to be billions more for the taking.

I think the best outcome would be that the government doesn't negotiate any such deal, Americans keep paying through the nose for few more years for peptides, and new entrants like Boehringer Ingelheim, Roche, and Viking add competitive pressure so the prices of sema, tirz, and eventually reta are forced down. Ozempic list won't fall to $150, but more PBMs/policies will cover it with reasonable copay.
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It doesn’t look like there’s actually any confirmed deal to make Ozempic $150 — that seems to be more rumor than reality for now.

I get the mixed feelings about prices dropping. On one hand, lower costs would make these meds accessible to so many more people. On the other, it’s true that big profit margins often drive continued investment and innovation — though a lot of that money also goes into marketing and shareholder returns, not just research.

Realistically, the prices will probably come down as more competitors like Boehringer, Roche, and Viking bring their own GLP-1 and GIP/GLP-1 drugs to market. That’s usually how it happens — competition, not sudden deals.
 
IshimaruKenta said:
But the shitty part is, these companies make back their R&D investment in a year, if not sooner. They still charge up the ass for it. So they have zero sympathy from me.
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When they succeed in creating a blockbuster drug (something that usually doesn't happen), then they make up their research and development costs quickly. They often lose money on drugs that either are not approved or do get approved but then don't sell.
 
Well I've come across 3 political post in the last 3 days.

I can't go anywhere w/out people spewing their political opinions.

I just wanted to talk about GLP 1's.
 
diogenes said:
It looks like he claimed there was a deal to make ozempic cost $150, but there isn't, at least not yet.

I have mixed feelings about the prices falling. Obviously I want more people to be able to afford these drugs. But without huge profit margins, it's not clear we'll get the same level of innovation we've come to expect. Yes, retatrutide and tirzepatide are awesome, but they cost billions to develop, and if we want more innovation like that, there needs to be billions more for the taking.

I think the best outcome would be that the government doesn't negotiate any such deal, Americans keep paying through the nose for few more years for peptides, and new entrants like Boehringer Ingelheim, Roche, and Viking add competitive pressure so the prices of sema, tirz, and eventually reta are forced down. Ozempic list won't fall to $150, but more PBMs/policies will cover it with reasonable copay.
Click to expand...
There are some things about these company's "innovations" that are vastly misrepresented, and the propaganda that we can't have the same level of innovation if they weren't allowed to gouge the American health system is a major fallacy.

There is a discovery stage of medications that are being developed that is mainly funded by the American taxpayer, where the pharmaceutical companies get to dip into our pockets to find out if developing a medication is going to be risky and/or profitable. The original deal with the major pharmaceutical companies that brokered their ability to take our money for the initial stage of discovery was based on the idea that when there was a major threat to American health, that the pharmaceutical companies would be responsible for making sure every American would have reasonable access to the medication regardless of cost, allowing them to make vast profits off of a majority of medications that are developed. Through the years of constant lobbying, lies, misrepresentation, and failing to meet their obligations over and over, the will and legal power of the government to leverage these companies to meet their long standing obligations is close to nil, yet they are still allowed to steal our money with the only benefit is having them then able to gouge our pockets again later.

If the American people were actually protected from these inhuman and ridiculous prices, the pharmaceutical companies could still make a nice profit, fund the same level of innovation (in all reality, probably would end up developing more medications rather than focusing only on the ones that bloat their profits), and the world would suffer less.

The economic brainwashing that the pharmaceutical industry has accomplished around the idea that there wouldn't be innovation if they couldn't steal from us and hold a majority of the effective medications behind a paywall for those who meet a certain income is sickening and needs to stop being perpetuated.
 
Seriously, what is so difficult about NO POLITICS!?!?

Yes, certain news stories (like this one) concerning GLP-1s may have political facets that can't be avoided in reading and digesting the story, but that doesn't mean anyone gives a shit about who you vote for or why you like or dislike someone, and have no bearing on how the topic in the story impacts GLP-1s.
 
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