Live data from Hacker News

Novo Nordisk facing pressure as study finds $1k drug can be made for $5

fortune.com

21–30 of 218 posts

Re: Novo Nordisk facing pressure as study finds $1k drug can be made for $5

#21
post #9

Producing it is not the hard part. Researching it is... And you are not paid for your research "up front". It's added to the cost afterwards.

#DingDingDing

In general, mono-dimensional arguments merit an extra dose of skepticism from the audience.

Re: Novo Nordisk facing pressure as study finds $1k drug can be made for $5

#23
I think the complexity of the issue isn't really reflected by the article. The most obvious points that are missing are the risks associated with developing a new drug, the costs of research, and the regulatory requirements from the FDA

Since pharmaceutical companies are, for the most part, publicly traded they're beholden to stock holders to create a profit. If they stop doing that they're in trouble

If the ability to generate profit from developing new drugs are limited, they'll simply stop doing it

Personally I think this kind of profit incentive for healthcare is perverse and ultimately doesn't serve public interest, but until the systemic issues behind these prices are addressed, I find it difficult to see a solution that'll ultimately benefit the end-user

Re: Novo Nordisk facing pressure as study finds $1k drug can be made for $5

#24
The world no longer has an obesity problem. It has a semaglutide access problem. We can't manufacture virtue at scale, but we can make vast amounts of a simple organic compound.

Give it away. The public health benefits will pay for themselves.

Re: Novo Nordisk facing pressure as study finds $1k drug can be made for $5

#26
post #2

Ozempic is blowing up on TikTok. Celebs and young people are using it left and right. This is wildly popular and there are resellers and apps popping up everywhere to make it easy to get prescriptions. "Ozempic face" has become a meme as people try to guess who is using it. Several of my neighbors are admittedly using it. And they've lost 30, 40+ pounds in a matter of months. Months . This is a diabetes drug. There h…

What I find weirder is that people chase Ozempic even though they have introduced Wegovy. Which is basically the same drug but without glycemic control and hence more suited for non-diabetics. Both are Semaglutides and Wegovy directly targets weight loss.

Re: Novo Nordisk facing pressure as study finds $1k drug can be made for $5

#27

If the EU can fine Apple and Google, the US should be able to fine Novo.

Why? EU have never gone after Apple or Google because of their prices. This isn't Apple. Novo Nordisk doesn't make medicine that only work if your other medicine is made by them or force you to use their payment card (?!?!?).

If your point is the price then the US could go after every single US medicine company.

Re: Novo Nordisk facing pressure as study finds $1k drug can be made for $5

#29
post #2

Ozempic is blowing up on TikTok. Celebs and young people are using it left and right. This is wildly popular and there are resellers and apps popping up everywhere to make it easy to get prescriptions. "Ozempic face" has become a meme as people try to guess who is using it. Several of my neighbors are admittedly using it. And they've lost 30, 40+ pounds in a matter of months. Months . This is a diabetes drug. There h…

Ads are all over Instagram. Every TRT company is also offering it.

Re: Novo Nordisk facing pressure as study finds $1k drug can be made for $5

#30
post #9

Producing it is not the hard part. Researching it is... And you are not paid for your research "up front". It's added to the cost afterwards.

I'm not Pharma industry expert but ... I'm pretty sure it's much the same as venture capital.

That is to say that's it's not that expensive to R&D it, certainly compared to the eventual sale price, but it's carrying the cost of the hundred potential drugs that never made it to market that's the killer.

Post reply on HN