Novo Nordisk said on Monday it is offering its diabetes drug Ozempic for $499 per month to eligible cash-paying type 2 diabetes patients in the U.S.

The company said in March that it was cutting the price of its drug Wegovy to $499. The two drugs are similar, with Wegovy prescribed primarily for weight loss for obese patients. Ozempic is prescribed to patients with type 2 diabetes.

Eli Lilly announced earlier this year that it would expand the supply and cut the costs of its weight-loss drug Zepbound, again, effectively broadening access to more patients without insurance with its own self-pay pharmacy.

Ticker Security Last Change Change % NVO NOVO NORDISK A/S 54.39 +2.39 +4.60%

The company, which has also seen a significant boost in profits from Zepbound and Mounjaro – essent

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