Ozempic is the version of Novo Nordisk’s semaglutide drug aimed at people with diabetes. Credit: K KStock/Adobe Stock

Competition and hard bargaining may be starting to cut the typical prices U.S. health plans really pay for three drugs made by Novo Nordisk that can help people lose weight.

Novo Nordisk, a Danish pharmaceutical manufacturer, introduced Ozempic, an injectable GLP-1 agonist drug that can help people lose weight but is officially licensed only for use as a treatment for diabetes, in 2018. The company introduced Wegovy, a higher-dose, injectable version of Ozempic that’s officially licensed for use as a weight-loss drug, in 2021.


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