As US struggles to afford GLP-1 drugs, the rest of the world sees much lower prices.
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Novo Nordisk sells hit weight-loss drug in China—at fraction of US price
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justageezer
Ars Praetorian
Don't worry! With RFK jr in charge everything will be ...
Oh wait.
You're all fucked, sorry.
Oh wait.
You're all fucked, sorry.
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“Say can you see, corporations above all, fuck the people by the daylight…
Something something land of the fucked and dumb. “
Something something land of the fucked and dumb. “
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Shouldn't Chinese patients be patients in China instead? I assume pricing is set geographically and not by a patient's citizenship or ethnicity.
Edit: article seems to have been updated since. Cheers
Edit: article seems to have been updated since. Cheers
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Weird. I wonder if basing a nation's health care off a for-profit system could be the cause. 
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This certainly will not get fixed under the new administration.
Its outrageous that the US doens't manage to reign in big farma on pricing. All this talk about how they will reduce inflation and not even an intent to act where it truly matters.
Its outrageous that the US doens't manage to reign in big farma on pricing. All this talk about how they will reduce inflation and not even an intent to act where it truly matters.
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Worth noting that it is only us$265 in Canada because it isn't covered by our health plans. It would be even cheaper if Health Canada recommended it to be covered, and the provinces followed through.
Which should tell you a lot about how drug companies view America. Anyone here has to pay entirely out of pocket, and it is still only one fifth the American cost.
Which should tell you a lot about how drug companies view America. Anyone here has to pay entirely out of pocket, and it is still only one fifth the American cost.
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If a random billionaire from outside the pharmaceutical industry and a random non-billionaire pharma exec were both drowning and I was being forced at gunpoint to save one of them or be shot, I'd be paralyzed with indecision.
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I hear "America First" all the time from the past and future Trump administration.
That's all bluster, because they never implemented global drug pricing for the US despite its massive popularity.
That's all bluster, because they never implemented global drug pricing for the US despite its massive popularity.
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ColdWetDog
Ars Legatus Legionis
To be fair, tap water is pretty cheap everywhere. As are empty vials and labels.
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Meanwhile the pharmaceutical companies are busy trying to regain their monopoly over these drugs in the US and cut out the compounders (who can undercut their pricing) by arguing there is no longer a shortage. The greed knows no bounds.
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On a percentage basis there are less obese Chinese adults (5-6% vs US 40%), but they have 85 million obese people and rapidly climbing.
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Beyond that, that kind of price disparity makes counterfeit drugs extremely attractive. Just like we have a hard time keeping counterfeit chips out of our legitimate sales channels.
I don't think you'll see it at CVS. But some of the practices that specialize in weight loss use small time mail order pharmacies for their plans.
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No they're not, its a very common moral attack made against overweight people implying that it is a personal failing that they are overweight when often other medical or physiological factors mean they struggle to lose meaningful weight even with a healthy diet and exercise
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The clowns that were just elected in the US are all about Laissez-faire. Don't expect anything about that to be fair or just.
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Oh sweet summer child… you hold both their heads under water.
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Given the issues with compounders they're no silver bullet, you're trading price for a bigger risk on quality or contamination. What we need is major overhaul, far beyond the tinkering with medicrare pricing that Biden accomplished. We need to set pricing laws that make it illegal to charge more in the US than abroad beyond currency conversion factors
Sadly things won't be getting better any time soon now, and hopefully they don't get exponentially worse either
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Turns out the Danes are not the vilified socialists they are portraied to be. Thank god they are proper capitalists instead.
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Big Pharma will get regulated when the people stop voting for Big Pharma sponsored candidates; and that is never going to happen.
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When you're fat, people call it a moral failing.
When you're losing weight, people say you're cheating.
People need to mind their own business. When I see someone get healthier and happier, that's a win in my book.
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With Trump in charge, you're far more likely to get laws making it illegal not to charge more in the US than abroad!
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..to say nothing of folks that just buy for a dollar and sell for two offhandedly..
View: https://www.youtube.com/watch?v=gq6QROEF2fg
They are drug dealers, after all.
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These assholes (CVS Caremark, UnitedHealth Optum RX, Cigna Express Scripts) cause more issues than anyone else in the pharmaceutical industry right now. The drug companies are not blameless, but we need to fix the PBM issues.
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Well, this is pretty much why none of the problems related to corporate/capital greed get resolved. Everything is so **** that we can't force the political system to break the problem down in small parts to start tackling them.
Varoufakis is very correct in pointing out that, since the 70s, capital is completely devoid of any political oversight or any regulation and we don't know whom/what to shoot at first.
Paralysis.
edit: clarity
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You want everything to burn down because your preferred candidate didn't win. That's extremely unproductive.
I'm guessing 90%+ of the Ars commentariat voted liberal, but burning things down is the opposite of what we want.
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The NOVO CEO was interviewed by Senators a month ago. He testified that our drug prices are driven by the greedy Pharmaceutical Benefit Managers decisions. PBMs will limit or discontinue coverage to said drug because they aren't getting their 'piece of the pie'. He also provided an example of a drug that was discontinued because PBMs refused to cover the drug (due to the low return they were getting).
If this is just NOVO being greedy then why are ALL of our drug prices significantly higher than overseas? Like literally everything in the pharmacy is an order of magnitude more in the US than OUS?
EDIT: Interview for reference
View: https://www.youtube.com/watch?v=bAhpNRRkOFg
If this is just NOVO being greedy then why are ALL of our drug prices significantly higher than overseas? Like literally everything in the pharmacy is an order of magnitude more in the US than OUS?
EDIT: Interview for reference
View: https://www.youtube.com/watch?v=bAhpNRRkOFg
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Evidence and opinion have reversed on this. Why stress this? Blaming individuals for overweight is an old sin, for sure, and at 72 I remember, all the time, very well, people who had good moral ability and still were overweight, some were often highly entertaining too - full of courage, going their own path.
Then there has always been a medical perspective, focusing on loss of life-years and cost of care, where 'try control yourself' was the only, if ineffective, remedy. Mostly statistics, and therefore really irritating at the personal level. But still true.
I imagine this may hurt feelings with a lot. But don't make too much out of it. Be happy there finally is a remedy.
There still is quite a lot to be gained on the cultural level, like more pleasure in physical activity. That's an abstraction until you find your way, experience things in your own physical presence.
Finally, what is 'no longer being obese' going to get anyone? It's a beginning, not an end.
I really hope a lot of people are going to get rid of such frustrations and be happier in the process.
My title for commenting this much, is surviving an early age meningitis and changing tack later. My hardships are merely somewhat like overcoming obesity, but if I could do it, others can for sure, and may be equally happy going for physical adventures.
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