Novo Nordisk launches Wegovy in China with prices well below U.S. [Fortune]
Eli Lilly and Company (LLY)
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Source: Fortune
Initial prescriptions for the drug are expected to be issued in Shanghai this week, Yicai news service reported Monday. Wegovy is also listed as available for pre-orders on several e-commerce platforms where patients can register for clinical visits to assess their eligibility for treatment and prescriptions. Prices vary by dosage, but a one-month supply of the 0.25 mg starter dose will cost 1,400 yuan ($193.31), according to Yicai and online listings. That's significantly lower than the $1,349 list price for Wegovy in the US. It's also below prices in some of the European markets US lawmakers have cited when criticizing the Danish pharmaceutical firm over its pricing. Private Payments Still, while many patients in the US and Europe rely on insurance providers for at least a portion of the drug's costs, Chinese buyers will largely have to pay out of their own pockets. Wegovy isn't reimbursable under China's national health insurance program, which covers 95% of the countr
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