In October of 2018, Eli Lilly was a mid-level pharmaceutical company, valued at not even half of Pfizer, but the company had a secret — a weight loss drug called Mounjaro.
There are a handful of these drugs. Ozempic, Wegovy, and Rybelsus. Mounjaro is the latest and most effective. It’s also expensive. If your insurance doesn’t cover it, it costs between $10-$18k a year.
Not only would Mounjaro help make Eli Lilly the most valuable pharmaceutical company in the world, but it could break America’s healthcare system. Here’s why.
#mounjaro #elililly #weightloss #drugprices
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I will never trust a "panacea."
God bless America the land of corporate GREED. It killed the American Dream 😢
We pay for the R&D, we pay for the insurance, then we pay for the drugs we paid to research
The cost of obesity and diabetes needs to be factored in to the "cost" of treatment.
So people would rather spend $18,000 a year on a drug rather than change their diet?
you forgot how the majority of these new drugs are discovered using NIH (government) research money, before being purchased by the pharmaceutical companies…
I don't want to pay more taxes for fat people to have more reason not to diet and exercise.
I got lucky, with my insurance I only pay $25 for it
That's why I like living in Thailand part time. Pretty much every drug we have in America has been copied by Indian pharmaceutical companies whi don't care about copyright laws and you can buy high-quality versions of our pharmaceuticals for 98% less of the price.
wondering if this medication is a "killa – Mounjaro"???
A private company setting the price of its own privately developed product? Ok so whats the problem?
Just got mine in mexico. $233 per month.
Or you could just lose the through hard work and self control
Obesity treatment? Like eating 1400 cal/day and exercising three times a week?
Some people in the comments are mad about people using this drug as an "easy way out", but they're too simple-minded to understand the consequences that this standard is setting. If you're willing to allow them to get away with abusing the system when it comes to weight loss medicines, then you're setting us up to lose the battle once there is a medication to manage/cure things like ALS, cancer, autoimmune disease, etc.
instead of banning high fructose corn syrup, synthetic dies, GMOs, trans fats and Chemicals in our food, Buisness and government chose to keep those, create an obesity drug, we buy the drug to put a bandaid on the real issue😢 sad but this is what happens in our economy
Subsidize fitness in health insurance. Heavy incentives. And penalize the deplorable food industry for the crap they put in our food that keep weight on. I didnt think id say that, but i personally know people that are from other countries and they always say they eat more in their home country and feel healthy and normal weight. They eat all they want. They come to America even for a little while, and gain weight, feel sick and eat much less.
This is our problem. The food industry set the drug industry up for success. And in healthcare we see sicker and sicker people that just dont get better and have all but given up on getting better. They just stay sick.
How can it break something that’s already broken?
3:30 wait…what the fuck is Chuck doing there!? You know you're exploiting the system when Chuck Grassly says you're gauging the people.
mounjaro is just one med in the class. liraglutide will have a generic in 2024, who knows what the price will be. i don't believe covering these meds costs more to insurances than covering all the obesity related diseases.
Happy Deductible Reset Day! Also America fucking sucks ass.
Excellent video really informative.
I take growth hormone, to replace the growth hormone that my body doesn't make (adults make it too, it's required to maintain muscle mass, not just to gain it). I was taking the HGH brand from Novo Nordisk in early 2023, and then it went out of stock. They claimed it was due to some kind of unfortunate sequence of events involving moving manufacturing plants and having troubles getting the new plant online. Then the estimated date of restock started slipping. And slipping more.
They first went out of stock around the time Ozempic really started to hit it big. All of their excuses were bullsh!t. They weren't having logistical troubles. They were, and still are, prioritizing Ozempic over other injectable medications. Because they can make more profit on Ozempic.
This had ripples across all of the other HGH manufacturers, as the demand spread out of all the other brands. 2023 was a bad year to be taking HGH. I spent a lot of time just conserving energy, trying not to stress my muscles too much. I back on HGH now, because my insurance company finally expanded the list of approved brands, once it was finally clear that Novo Nordisk wasn't going to be stocking it anytime soon.
This is so disingenuous. No, you dont need to take the drug(s) forever.
If people upon losing their goal weight were to eat the correct amount of calories to sustain that weight and no more, they would not magically create matter on their person.
No duh, every company in the world is about the profit margin! Not just pharma, medical device etc. The medical industry in the US is making millions with no relief in sight for the common people. Govt regulate deductibles, coinsurance, copays, coverage etc for medical insurance plans and everyone reaps a benefit.
In a competitive market this would never happen. This is a monopoly. There are foreign pharmaceutical companies that would welcome the American market. Why are we not a global consumer?
I never want to wear a Monkey suit and tie for as long as i live. Corruption and abuse is all see, decked out in an overPriced 3 piece.
Wegovy/Ozempic costs about 200 dollars a month in the UK
People would really rather take a drug than change their diet to lose weight
Or you could just stop consuming the foods that give you diabetes.
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$520,000..Same≠Equal
Kinda like cigarettes , get you hooked with coupons …😡
Well if they have the same prior auth process as the one used for my $58 generic medication, no one will get it and the healthcare system will remain the same
Hoe about a patient give me $500 for one YR and i will show them how to cure diabetes and stay slim. What a joke these companies are. Den of thieves!
It probably only cost $2.36 to make.
Actual people with diabetes can't afford or even get their insulin. They can die without it. Shame on Eli Lilly. Has anyone seen Sharon Osborne? She looks like a concentration camp prisoner.
A month of Mounjaro in the UK is only around 200…