Ozempic, Wegovy and other new drugs are selected for Medicare's price negotiations

Medication News

Ozempic, Wegovy and other new drugs are selected for Medicare's price negotiations
Xavier BecerraDonald TrumpJoe Biden
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The Biden administration says popular weight loss drugs like Ozempic and Wegovy have been added to Medicare’s list of medications that will be negotiated directly between the government and drug manufacturers.

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“For some people this is a big deal,” U.S. Health and Human Services Secretary Xavier Becerra said in a call with reporters on Thursday. “Some folks have to skip a dose in their prescription so they can make a prescription last longer.” Although drug companies have sued over the negotiations, they engaged in the talks with the federal government. Pharmaceutical executives last year had said during earnings calls that they don’t expect the new Medicare drug prices to impact their bottom line.in the inaugural round of negotiations. Under the new deals, list prices were reduced by hundreds — in some cases, thousands — of dollars for 30-day supplies of popular drugs used by millions of people on Medicare.

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Xavier Becerra Donald Trump Joe Biden Novo Nordisk AS Medicare Government Programs General News NJ State Wire Denmark Health Business Washington News United States Government U.S. Department Of Health And Human Services New Jersey Washington News

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