Novo Nordisk Slashes GLP-1 Drug Prices Up to 50% Starting 2027 Amid Market Pressure
February 24, 2026
Novo Nordisk will cut GLP-1 list prices starting in 2027, with Wegovy up to 50% off and Ozempic up to 35% off, targeting a typical list price of about $675 per month for most GLP-1 drugs to improve patient access amid high out-of-pocket costs.
The price cuts do not apply to self-pay prices, and direct-to-consumer or self-pay pricing remains unchanged.
The move follows intensified U.S. price competition and weaker sales guidance that had pressured Novo Nordisk’s shares, signaling a strategic response to political and payer pressures.
The report includes a marketing disclaimer noting the content is not investment advice and is intended for market understanding rather than a specific financial recommendation.
Context notes place the move within a broader mosaic of market moves and corporate strategies across healthcare, mining, semiconductors, and AI, with multiple sources tying into the story.
Full analysis and additional details are gated behind a STAT+ subscription, limiting access for non-members.
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FDA guidance aims to establish a plausible-mechanism framework for individualized therapies, signaling a policy-first step toward personalized treatments like gene-editing, while raising concerns among ethicists about traditional trial paradigms.
Jamey Millar, Novo Nordisk Inc.’s Executive VP of US Operations, says the price cuts are intended to benefit patients and improve access.
There is ongoing interest in the broader health and societal impacts of GLP-1 drugs, including research on obesity rates and potential effects on public health.
The reporting draws on coverage from The Wall Street Journal and CNN, noting industry-wide price competition and access terms for GLP-1 therapies.
Separately, AMD-Meta arrangements and AI compute deals underscore broader market moves, with warrants and milestone-based vesting shaping the AI hardware landscape.
Summary based on 25 sources
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Sources

Forbes • Feb 24, 2026
Ozempic And Wegovy Prices Will Be Cut By Up To 50%, Drug-Maker Says
Reuters • Feb 24, 2026
Novo Nordisk to halve US list price of Wegovy from 2027
USA TODAY • Feb 24, 2026
Novo to cut Ozempic and Wegovy prices amid intense competition