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Why are drug companies charging Europeans less for pharmaceuticals than Americans?
Manage episode 424288064 series 2761827
It’s reported that a Wegovy prescription costs about $1,349 per month in the U.S., while it costs just $140 in Germany and $92 in the U.K. Why do Americans pay such a high markup for Ozempic when Brits & other Europeans pay a fraction of that? Drug companies seem to be going out of their way to charge Europeans less but at the expense of the American consumer. Dr. Tom Lavin, Obesity Physician, Surgeon and Compounding pharmacy owner, joins Newell to help shed some light on this ongoing saga.
501 episodes
Manage episode 424288064 series 2761827
It’s reported that a Wegovy prescription costs about $1,349 per month in the U.S., while it costs just $140 in Germany and $92 in the U.K. Why do Americans pay such a high markup for Ozempic when Brits & other Europeans pay a fraction of that? Drug companies seem to be going out of their way to charge Europeans less but at the expense of the American consumer. Dr. Tom Lavin, Obesity Physician, Surgeon and Compounding pharmacy owner, joins Newell to help shed some light on this ongoing saga.
501 episodes
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