Biotech Values

[Mufaso]

NVO Ozempic costs- Bloomberg ran a similar story but most of it is behind a paywall and I don't subscribe. Here was the headline there:

Ozempic, Novo’s $1,000 Diabetes Shot, Can Be Made for Under $5 a Month
-Active ingredient in Ozempic costs 7 cents a dose, study finds
-Novo says it’s invested billions in research and production

If true, it's pretty crazy that the active ingredient itself is only 7 cents a dose. The factories aren't cheap. LLY is spending $2.5B on a German factory top make trizepatide and NVO paid quite a bit for Catalent but when you sell $billions/yr of a drug that only has an active costing pennies it still doesn't impact the cost much per dose.

https://www.bloomberg.com/news/articles/2024-03-27/ozempic-novo-s-1-000-diabetes-drug-can-be-made-for-less-than-5-a-month