Trump promises to lower weight loss drug prices ...Middle East

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Trump made the comments during a White House event on fertility treatments and drug pricing. He was asked by reporters to identify the name of a drug that he earlier in the event said would be made less expensive.

Novo sells Ozempic for managing diabetes while Wegovy is approved for weight-loss. Both drugs contain the same active ingredient, semaglutide.

Trump earlier said that under his administration’s plans, the price of the drug would be reduced to $150 from $1,300. Ozempic has a list price of about $1,000 for a month’s supply but is sold directly by Novo to cash-pay customers for $499 per month.

Novo’s Ozempic is one of the drugs that the agency has chosen for price negotiations. - Reuters

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