Bernie Sanders Launches Investigation Into High Prices of Top-Selling Weight Loss Drugs

The Danish company that produces the drugs said the public debate overlooks the complexities of the healthcare industry.
Bernie Sanders Launches Investigation Into High Prices of Top-Selling Weight Loss Drugs
Senate Health, Education, Labor & Pensions Committee Chairman Bernie Sanders (I-Vt.) in Washington, on April 20, 2023. Chip Somodevilla/Getty Images
Bill Pan
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Sen. Bernie Sanders (I-Vt.) said he has launched an investigation into Ozempic, a highly popular medication originally for diabetes and now used for obesity, which costs Americans over $900 before insurance but can be produced for less than $5 a month.

Alongside Wegovy, its sister drug, Ozempic has become a household name touted by celebrities from Elon Musk to Oprah Winfrey. Over the past year, demand for the drugs has exploded despite soaring costs and limited insurance coverage, transforming their maker, Copenhagen-based Novo Nordisk, into Europe’s most valuable company.

Bill Pan
Bill Pan
Reporter
Bill Pan is an Epoch Times reporter covering education issues and New York news.