Sydney Lepkin
👤 SpeakerAppearances Over Time
Podcast Appearances
The Sackler family will pay up to $7 billion to produce creditors as part of the plan.
The arrangement will also provide a pool of up to $865 million to compensate individual victims.
The plan was approved by Judge Sean Lane.
of the United States Bankruptcy Court for the Southern District of New York.
Purdue will dissolve and emerge as a new company, Noah Pharma.
Its focus will include overdose reversal medicines, and it will not involve the Sacklers.
People buying Wagovi directly from Novo Nordisk will now be able to get it for around $350 a month.
Until the end of next March, the company will offer the first two months doses at around $200 a month.
That's down from about $500 a month.
And patients can get the same discount from Costco, GoodRx, Weight Watchers, and Rho, according to the company.
The lower price is only available to patients not using their health insurance.
Novo Nordisk's announcement follows the Trump administration's deals with Novo Nordisk and Eli Lilly earlier this month.
The deals included lower direct-to-consumer costs of the company's blockbuster obesity drugs.
But even the discounted prices will still be too high for many patients.
The number of adults taking GLP-1 drugs, which include Ozempic, Wegovy, Zephound, and Manjaro, is going up.
It went from 6% a year and a half ago to 12% now.
People are taking the drugs for chronic conditions like type 2 diabetes and heart disease, as well as for weight loss.
Here's Ashley Kurtzinger, a pollster at KFF.