May 15 (Reuters) - Britain's Pharmacy2U said on
Wednesday it had cut the prices of weight-loss medication
Wegovy and Mounjaro, becoming the latest in a slew of online
pharmacies and slimming clinics to do so as initial supply
shortages of the drugs ease in the country.
WHY IT'S IMPORTANT
The British market could provide a glimpse into how the
fight for patients among private suppliers could develop as
drugmakers Novo Nordisk and Eli Lilly ( LLY ) ramp up
production.
Growing competition between retailers has raised fears that
some patients who buy the drugs themselves, amid limited
capacity of the National Health Service, will miss out on
long-term aftercare if they keep switching providers.
CONTEXT
British drug retail companies that have previously marked
down weight-loss drugs include Simple Online Pharmacy, Mayfair
Weight Loss Clinic and London Slimming Clinic. They have
sacrificed some of their retail margin to win patients as
manufacturers have not cut their prices.
BY THE NUMBERS
Pharmacy2U, which serves over 1.4 million UK patients via
online prescription services, cut the price of a one-month
supply of the Wegovy starter kit to 129 pounds ($162.90) from
169 pounds previously. It cut the price of the Mounjaro starter
kit to 139 pounds from 179 pounds.
Pharmacy2U said the offer was limited until May 31 but it
"is constantly reviewing the prices of its weight loss services
and will be able to confirm pricing again in June".
($1 = 0.7918 pounds)