Feb 25 (Reuters) - Eli Lilly ( LLY ) said on Tuesday it
has begun selling higher doses of its popular weight-loss drug
Zepbound in vials in the U.S. at a $150 discount to the cost of
the injector pen versions, as it seeks to spur further demand
for the medicine.
The drugmaker said patients could purchase 7.5 milligram and
10mg vials of Zepbound for $499 a month on the LillyDirect
website. That is nearly 23% less than the $650 Lilly charges for
auto-injectors of the drug to patients who are insured but not
covered for the medicine.
The U.S. drugmaker last August launched vials of the two
lowest doses of Zepbound, which is typically sold in
auto-injector pens, to help increase availability. On Tuesday,
it said it had also cut the prices for a month's supply of those
doses by around $50 each. They now cost $349 and $499 a month
through LillyDirect.
Patrik Jonsson, Eli Lilly's ( LLY ) president of cardiometabolic
health, said in an interview that more than 10% of patients
starting on Zepbound have been initiated on vials since their
launch.
Lilly is looking for ways to stimulate further demand for
Zepbound this year to help ease investor agitation over signs of
weakness in sales, and to better compete with Danish rival Novo
Nordisk's popular Wegovy.
Novo offers Wegovy on its website for $650 for a month's
supply to patients not covered by insurance for the drug, but
does not sell its medicine in vials.
Lilly's new offer of $499 per month is still higher than the
$231 to $330 compounding pharmacies typically charge for their
versions of Zepbound and Wegovy in the U.S., although
compounders have been told to cease selling their copies in the
coming months.
Shortages of the weight-loss drugs pushed patients to
cheaper compounded versions, which can be sold and distributed
in bulk as long as the original drug is on the U.S. Food and
Drug Administration's shortage list.
In the past three months, the FDA took both Zepbound and
Wegovy off its shortage list, spurring lawsuits from compounding
pharmacies.
Lilly said patients must refill their prescriptions of the
two higher dose vials within 45 days of their first fill to get
the same pricing, and would otherwise have to pay as much as
$699 for repeat prescriptions. Jonsson said this requirement
ensures patients comply with a dosing regimen approved by the
FDA.