Fact Check: "Novo Nordisk charges Americans nearly $1,000 for Ozempic, 17 times more than Germany."
What We Know
Novo Nordisk's drug Ozempic, primarily used for treating type 2 diabetes and aiding in weight loss, has been reported to have significantly higher prices in the United States compared to other countries. As of early 2025, the list price for a one-month supply of Ozempic in the U.S. is approximately $969 (The Globalist). In contrast, the same medication costs about $59 in Germany (The GLP-1 Pricing Conundrums Continue). This stark difference highlights the pricing disparities in pharmaceutical costs between the U.S. and other nations, particularly in Europe, where government regulations often lead to lower drug prices.
The pricing structure in the U.S. allows pharmaceutical companies to set prices without direct negotiation, unlike many other countries where prices are regulated through government interventions (The Globalist). This has led to claims that Americans pay much more for essential medications, with some reports indicating that the U.S. prices can be up to 17 times higher than those in Germany (The Globalist).
Analysis
The claim that Novo Nordisk charges Americans nearly $1,000 for Ozempic, which is 17 times more than the price in Germany, is substantiated by multiple sources. The price of Ozempic in the U.S. is reported at $969, while in Germany, it is priced at $59 (The Globalist, The GLP-1 Pricing Conundrums Continue). This pricing discrepancy is significant and reflects broader issues within the U.S. healthcare system, where drug prices are often much higher than in other countries due to a lack of price regulation and negotiation.
The reliability of the sources used to support this claim is strong. The Globalist, which reported the price comparison, is a reputable publication that focuses on global economic issues, and the data presented aligns with findings from the Health, Education, Labor and Pensions Senate Committee report (The GLP-1 Pricing Conundrums Continue). Furthermore, the data from the KFF poll and other health reports corroborate the high costs of Ozempic in the U.S. and the implications for American healthcare spending (The GLP-1 Pricing Conundrums Continue).
However, it is essential to note that the prices mentioned are list prices, which may not reflect the actual out-of-pocket costs for patients due to insurance negotiations and discounts. Nevertheless, the stark difference in list prices remains a critical point of discussion regarding drug affordability in the U.S.
Conclusion
Verdict: True
The claim that Novo Nordisk charges Americans nearly $1,000 for Ozempic, which is 17 times more than the price in Germany, is accurate based on the evidence presented. The significant price disparity highlights systemic issues within the U.S. pharmaceutical pricing structure, where manufacturers can set prices without the constraints seen in other countries.
Sources
- The GLP-1 Pricing Conundrums Continue
- Combating Obesity: Weight Loss by Pill? - The Globalist
- Novo's Ozempic Seen as Shoo-In for Next Round of Medicare Price Negotiations
- Semaglutide: price and HTA comparison US and European markets
- The Price of Ozempic, Wegovy Can Be 400% Higher in the U.S.
- Ozempic is 1,300% more expensive in the U.S. vs the U.K.