For people with type 2 diabetes and obesity-related illnesses, GLP-1 drugs like Ozempic could be a game-changer. But because of pharma greed, these life-saving medications may not be available everywhere. People in the United States pay on average six times what patients do in Germany, Canada, Denmark, or other similar countries for the same exact drug. As President Joe Biden and Senator Bernie Sanders just pointed out in a USA Today op-ed:[1]
Senator Sanders has called the CEO of Ozempic manufacturer Novo Nordisk to testify on these pricing disparities before the Senate Health, Education, Labor, and Pensions Committee this September.
Though the weight-loss benefits of GLP-1 drugs get the headlines, the benefits for people with diabetes are even greater. More than 10 percent of Americans have type 2 diabetes. Nearly one-fifth of people on Medicaid have a condition that could be treated with Ozempic or Wegovy, and surging demand combined with Novo Nordisk’s greed are swallowing state Medicaid budgets. For the first nine months of 2023, Novo Nordisk posted a profit of over $9 billion, an increase of almost 50 percent from 2022. The company attributes most of the growth to U.S. sales.[2] And while Novo Nordisk pays less than $5 per dose, it charges Americans $1,100! In solidarity, -Faiz Faiz Shakir, Co-Founder
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