Zepbound Gets a Price Cut: What This Means for You
Eli Lilly has taken a significant step to make its weight-loss drug, Zepbound, more accessible by reducing the price of single-dose vials. The starting dose is now $299 a month, down from $349. Higher doses have also seen price cuts, with the 5 mg dose at $399 and the highest dose at $449.
A Pattern of Price Reductions
This isn't Eli Lilly's first foray into price cuts. Last month, they reduced the prices of their multi-dose pens, although those pens are still awaiting FDA approval.
High Demand and Market Success
The obesity drug market is booming, and Eli Lilly's stock has surged by over 39% this year. Their drug, tirzepatide, has become the world's best-selling drug, marketed as Zepbound for weight loss and Mounjaro for diabetes.
Commitment to Accessibility
Beyond profits, Eli Lilly emphasizes that many people cannot afford these treatments. They've even partnered with the Trump administration to lower prices for Medicare, Medicaid, and cash payers.
Approval and Accessibility
Zepbound is approved for adults with obesity, overweight conditions, or obstructive sleep apnea. However, with demand skyrocketing, will these price cuts be enough to make the drug accessible to everyone who needs it?