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How do other countries do it? Why is Ozempic $100/m in EU and $1000/m in the US. Cost to manufacture Ozempic is $10.


Yup. Was working for a major European blood product distributor as my first real job and the prices US customers would pay were just obscene.

Most EU countrys payed $40-$60 (per unit, shipped by 3rd party courier, who do their own billing), SE Asia and Australia $60-$80 and the US $1500-$2000. Before I left we started also shipping to Canada, dunno about the prices anymore, but substantially less.

The head of our institute was apparently involved in the negotiations and although I didn't get a chance to talk to him directly, the popular story was that our guys showed up, were presented with a pretty much done deal and told that the price and payment terms were nonnegotiable. Also, during meetings, he would refer to the Amis often as "Die, die nicht mehr alle Tassen im Schrank haben", which roughly translates to "The crazy ones."

Also, the product they wanted specified a significantly less complex and cheaper pooling procedure than we were able to offer...




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