Novo Undercuts Lilly’s Obesity Drug Price for Cash-Pay in US (2)

Novo Nordisk A/S is undercutting arch-rival Eli Lilly & Co. on obesity drugs for cash-pay patients, showing its willingness to compete on price as it tries to claw back a larger share of the US market.

Starting Monday, introductory doses of Novo’s blockbusters Wegovy and Ozempic will be available for $199 a month, the Danish drugmaker said. The price applies to the first two months of treatment; after that, Novo will offer the drugs via its NovoCare direct-to-consumer portal for $349 a month, 30% less than the current self-pay price. That matches Lilly’s price for a low dose of its ...