Eli Lilly & Co. is raising the list price for its obesity shot in the United Kingdom, as the pharma industry comes under pressure from President Donald Trump to increase medicine prices in Europe and lower them for Americans.<\/p>\n
The current list price in the UK for Lilly\u2019s obesity drug Mounjaro ranges from \u00a392 ($124.89) to \u00a3122 a month, depending on the dose. The new list price will see this increase to between \u00a3133 and \u00a3330 from Sept. 1, with the U.S. drugmaker saying it aims to bring rates in line with other countries.<\/p>\n
Trump sent letters to 17 of the world\u2019s largest drugmakers earlier this month, including Lilly and Novo Nordisk A\/S, insisting they lower what they charge Medicaid in the United States for existing drugs. He gave the companies 60 days to comply, saying he wants companies to negotiate harder with \u201cforeign freeloading nations\u201d who pay less for their medicines.<\/p>\n
Lilly said the increase follows a review that looked to address pricing inconsistencies. The UK was one of the first countries where Mounjaro was introduced, with rates \u201csignificantly below the European average to prevent delays in NHS availability,\u201d the company added.<\/p>\n
The drug costs a bit over $1,000 a month in the United States. \u201cWith changes in the environment and new clinical evidence supporting the value of Mounjaro, Lilly are now aligning the list price more consistently to ensure fair global contributions to the cost of innovation,\u201d the company said.<\/p>\n
The higher prices raised concerns in online forums from patients who say the drug will be unaffordable for them.<\/p>\n
Patients in the UK usually get most medicines on the National Health Service for a set prescription price of \u00a39.90. However, obesity drugs have only just started to be rolled out on the NHS and the criteria for access is very stringent. It\u2019s meant the majority of patients who access the weight-loss shots have been doing so privately.<\/p>\n
While the list price has increased, Lilly said it is working with private providers to maintain access for patients. Separately, the company reached an agreement with the NHS to ensure continued supply and patient access.<\/p>\n
The list price isn\u2019t likely to be the price patients pay for the shot as Lilly negotiated commercial agreements with private providers.<\/p>\n
With assistance from Madison Muller.<\/p>\n","protected":false},"excerpt":{"rendered":"Eli Lilly & Co. is raising the list price for its obesity shot in the United Kingdom, as…\n","protected":false},"author":2,"featured_media":67393,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[4402,1944,4232,15866,141,2505,13890,591,59,57,58,102,4499,3248,555,8412,13886,50,236,15442,35345,13214,35346,305,10907,5148,56,3354,54,55],"class_list":["post-67392","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-kingdom","tag-biotech","tag-company","tag-company-news","tag-donald","tag-donald-trump","tag-drugs","tag-drugs-u0026-medications","tag-europe","tag-gb","tag-great-britain","tag-greatbritain","tag-health","tag-health-news","tag-health-policy","tag-industry","tag-kingdom","tag-medications","tag-news","tag-obesity","tag-pharmaceutical","tag-pharmaceutical-industry","tag-pharmaceuticals","tag-pharmaceuticals-u0026-biotech","tag-policy","tag-trump","tag-u0026","tag-uk","tag-united","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/67392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=67392"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/67392\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/67393"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=67392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=67392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=67392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}