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Eli Lilly releases recent, cheaper type of weight reduction drug

INBV News by INBV News
August 27, 2024
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Eli Lilly releases recent, cheaper type of weight reduction drug
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Eli Lilly releases new form of weight loss drug Zepbound for half the price to boost access, supply

Eli Lilly on Tuesday released a recent type of its weight reduction drug Zepbound for roughly half its usual monthly list price to achieve hundreds of thousands of patients without insurance coverage for the favored injection, equivalent to those with Medicare. 

The move also goals to expand the availability of Zepbound within the U.S. as demand skyrockets, and to make sure eligible patients are safely accessing the actual treatment as cheaper copycat versions gain traction. 

The corporate is now offering 2.5-milligram and 5-milligram single-dose vials of Zepbound for $399 per 30 days and $549 per 30 days, respectively, through its direct-to-consumer website. Patients typically start treatment with a 2.5-milligram dose, step by step increase the quantity and later take so-called maintenance doses to maintain the load off.

The list prices of Zepbound and other popular weight reduction drugs, equivalent to Novo Nordisk‘s Wegovy, are around $1,000 per 30 days before insurance and other rebates. Those treatments are a part of a blockbuster class of medicines called GLP-1s, which mimic certain gut hormones to tamp down an individual’s appetite and regulate blood sugar. 

Patients need to make use of a syringe and needle to attract up the drugs from a single-dose vial — the version of Zepbound Eli Lilly is releasing Tuesday — and inject themselves. That differs from single-dose autoinjector pens, the currently available type of all Zepbound doses, which patients can directly inject under their skin with the press of a button.

Eli Lilly has said the vials will create additional supply capability because they’re easier to fabricate than autoinjector pens.

The cheaper price points will profit patients who’re willing to pay for Zepbound themselves and are enrolled in Medicare or employer-sponsored health plans that don’t currently cover obesity treatments, said Patrik Jonsson, president of Eli Lilly diabetes and obesity, in an interview. 

He noted that Medicare beneficiaries are also not eligible for Eli Lilly’s savings card programs for Zepbound. One program allows individuals with insurance coverage for Zepbound to pay as little as $25 out of pocket, while one other allows those whose insurance doesn’t cover the drug to pay as little as $550.

Having patients directly pay for single-dose vials of Zepbound also “enables a transparent price by removing third-party supply chain entities,” the corporate added in a release. 

There “shall be no markups, and we imagine that is super vital … that buyers have this predictability when it comes to pricing,” Jonsson said. 

An Eli Lilly & Co. Zepbound injection pen arranged within the Brooklyn borough of Recent York on March 28, 2024.

Shelby Knowles | Bloomberg | Getty Images

Patients with a legitimate prescription should purchase the single-dose vials from a recent “self-pay pharmacy” section on the corporate’s direct-to-consumer site, LillyDirect. Eli Lilly is partnering with a third-party digital pharmacy, Gifthealth, which can process prescriptions electronically in addition to package and send vials to eligible patients.

People may also decide to purchase syringes and needles from Eli Lilly’s website and may have access to materials on learn how to appropriately administer Zepbound from a vial. 

LillyDirect, which launched in January, connects individuals with an independent telehealth company that may prescribe certain drugs if the patients are eligible. The location also offers a home-delivery option if the prescribed treatment is Eli Lilly’s, tapping a third-party online pharmacy to fill prescriptions and send them on to patients. 

Eli Lilly said in a release that distributing the vials through the positioning will ensure patients and health-care providers are receiving “real” Zepbound. It builds on the corporate’s efforts to “help protect the general public from the hazards posed by the proliferation of counterfeit, fake, unsafe or untested knock-offs of Lilly’s medications,” in keeping with the discharge.

During shortages, the U.S. Food and Drug Administration allows compounding pharmacies to make versions of medicine which might be essentially a duplicate of brand-name medicines. Compounded medications are custom-made alternatives to branded drugs designed to fulfill a selected patient’s needs. 

But each Zepbound and Eli Lilly’s diabetes drug, Mounjaro, are under patent protection within the U.S. The corporate also doesn’t supply the lively ingredient of those two drugs, tirzepatide, to outside groups. 

Eli Lilly has said that raises questions on what some compounding pharmacies and other clinics are selling and marketing to consumers. The corporate and its rival Novo Nordisk have each stepped in to deal with illicit versions of their weight reduction and diabetes treatments, suing wellness clinics, medical spas and compounding pharmacies across the U.S. over the past 12 months. 

All doses of Zepbound are actually listed as available on the FDA’s drug shortage database. Still, 1000’s of online platforms offering compounded versions of weight reduction drugs from Novo Nordisk and Eli Lilly have cropped up over the past six months, in keeping with Jonsson. 

“We imagine that the U.S. population is definitely a goal for … untested, unapproved, unregulated anti-obesity medications that we all know is removed from at all times containing the drug it’s imagined to,” he said. “This can be a possibility to make sure that that there may be access to FDA-approved, quality-approved tirzepatide for consumers in need.”

Don’t miss these insights from CNBC PRO

Eli Lilly's Zepbound single-dose vials will expand access to more patients: Mizuho's Jared Holz
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