Over 700 Drugs More Expensive in 2024, Including Ozempic and Mounjaro

Published on January 22, 2024

Get ready to pay more out of pocket for prescription meds this year. Drug manufacturers have already raised the prices for nearly 750 medications in the first half of January. Even popular weight loss drugs like Ozempic and Mounjaro are seeing spikes. Pharmaceutical companies are raising the list prices of brand name meds by 4.5 percent on average, a report from 46Brooklyn, an Ohio-based non-profit organization that analyzes the prescription drug market and makes U.S. drug price data more accessible, shows. Weight Loss Meds Hit $1,000 Overall drug price increases range widely—from 3 to a nearly 22 percent, according to the report. Specifically, popular weight loss medications Ozempic by Novo Nordisk and Mounjaro by Eli Lilly rose 4.5 percent and 3.5 percent, respectively, reaching a cost of almost $1,000 for a month’s supply....

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