So patients take a syringe, put it into
the vial, and you sort of draw up the liquid.
Which a lot of people, though, are used to now because of the popularity of
these knockoff drugs that we've talked about before.
Those are all the single use vials or the multi-use files.
And so patients are really used to that now.
So what I mean, just really have to do this or why are they doing it?
What strategy here? So this is and I think we've probably
talked about this on the show at some point to the fact that Lilly's
production problems are really stemming from the pens.
The auto injector devices that are used are really complex to manufacture.
And so that's been bottlenecking supply. So by offering their weight loss drugs
in vials, they can circumvent those issues with the with the making of the
pens. What about the direct to consumer angle
here? Because I don't think I've ever been
able to get a prescription directly from a manufacturer.
There's always a middle person as a pharmacy, whether it's an online
pharmacy or the old fashioned kind of pharmacy that you go to.
Is this a new way for patients to actually get a medication from a
producer? Yeah, it's interesting because Lilly
Direct, which they launched earlier this year, it's still partnered with various
telehealth companies and online pharmacies that like Amazon Pharmacy,
for example, that will just send the medications directly to your house.
So Lilly isn't the one like it's not Eli Lilly doctors that are writing the
prescriptions. It's not an independent Eli Lilly
Pharmacy, but they've built up this platform that directs patients to their
website. They said that that can help, you know,
with savings in terms of applying savings coupons and things like that.
And then when it comes to these vials, they have it's cash pay only.
So patients are not able to use insurance with these vials.
And it also goes through Lilly dry. What is demand for this drug outside of
insurance? I mean, people are really paying for
this drug. So two bucks a month if you don't have
insurance, these, you know, $400 a month right into the pharmacy on the east side
or the Upper West Side, you know? Yeah.
I mean, why? What do you see?
I'm just saying. Yeah.
It's a pretty popular drug for people who just want to lose weight.
Right. And all these compounding drugs that
have gotten so popular that we've mentioned, those are all cash, but you
can't use insurance for those drugs. So that market has really been growing.
You bring up an interesting point, though, which is, I mean, a little bit
niche because it's so expensive. I mean, we're talking Manhattan here.
Correct. You know, and it's and it's not
necessarily, you know, what?
The drug was developed for Madison of use, as you spoken to us at length of
the past couple of years about this. But are there folks out there who who
are not getting this covered by insurance, a significant number of them,
and they're having to pay cash? Yeah, I mean, the insurance coverage is
still quite spotty across the U.S. And for people who do figure out, okay,
this is worth it for me, I need this for my health, they make you know, they make
those decisions, but it's still really hard to get this covered.
And that was one of the reasons why Lilly is launching these vials,
especially, they said, for Medicare patients, because Medicare does not
cover weight loss drugs at all. And so they said and Medicare patients
also can't access savings coupons that Lilly offers.
So they were like having these vials options is something for Medicare
patients that is at least a little more accessible.
It sounds like to me, to Madison that it's something that's going to help Eli
Lilly's bottom line, which has gotten, you know, messed up because of the
problems with the production of the the the injector pens.
But at the same time, it does sounds like it still expensive, but does make
it a little bit more accessible to folks.
Yes, it definitely makes it more accessible.
And from a couple of the patients that I talked to this morning, they were really
excited about this. One of the patients that I've
interviewed before who kind of started this whole campaign earlier this year
called released the vials to get Lilly to do this.
He was so excited about it and he was like, I really thought that they never
would actually do this, or at least they would launch the vials and they would
still be exorbitantly expensive. And so he was like, to me, this comes
off as a good thing. The thing is, though, just reading
through some of the analyst notes and in conversations today after this news came
out for Lilly, it doesn't really affect the net prices in the long term, even
though it seems like a discount. But they've also raised the price of one
of their savings coupons. So that kind of offsets each other.
And in terms of like the revenues that Lilly is collecting from ZAP about doing
this doesn't actually have a negative impact on their bottom line.
So patients take a syringe, put it into
the vial, and you sort of draw up the liquid.
which a lot of people, though, are used to now because of the popularity of
these knockoff drugs that we've talked about before.
those are all the single use vials or the multi-use files.
and so patients are really... Read more
Introduction and welcome hello and welcome to another video from the downsize where this will probably release shortly after i just released the last video on eli lily dramatically slashing prices for zep bound and guess what they also raised prices for zep bound just kidding my name is christopher... Read more
Eli lilly's pricing debacle it's been an exciting week for eli lily and the whole zip bound pricing what is turning out to be somewhat of a debacle so of course we know from reporting yesterday videos that lorine and i did they released a cash price that really is hopefully helpful for a lot of folks... Read more
Eli lilly's major price drop announcement eli ly just slashed prices on zep bound that's right you heard it right eli lily just announced a major price drop on zep bound with new single dose vials but don't get too excited just yet these lower prices come with a catch they're only for the lowest doses... Read more
Week 21 tirzepatide journey [music] hey everybody and welcome back to my channel i'm jen at ketosis mom and i have a lot to go over with you today first thing up i do want to remind everybody this is a sponsored video today by ino health medfinder and i spoke to them last week to get all of you a special... Read more
They're providing a value for money and
it's something that they've talked about for a while now in their calls.
now, the reason why these are easier to produce is, you know, the fill in finish
capacity to the capacity needed to actually put the drug in the pens and
the capacity needed to manufacture... Read more
[music] hey everybody and welcome back to my channel i'm jen kosis mom today is my week 28 i cannot believe i'm on week 28 of zep bound i'm going to be going over my week 27 results with all of you as well as showing you my week 28 injection which will be my very first injection of the 7.5 mgram i'm... Read more
Introduction to the urgent issue of glp-1 medication prices today we're tackling an urgent issue the obscene prices of glp1 medications like zep bound oic wovi and manjaro early this week president biden and senator bernie sanders wrote an oped in the in usa today addressing this critical problem stick... Read more
Have you ever seen somebody post a video on youtube or tik tok and your immediate thought is wow they really have no idea what they're talking about well i was just laying here in bed this morning and i had that exact thought and i could not jump on here fast enough to talk to you guys about it if you're... Read more
Eli lily has made a bold move to expand access to its weight loss drug zep bound by offering it at half the usual price the new single dose vials are priced at 3899 for 2.5 migon and $549 for 5 migon compared to the typical $1,000 monthly cost this aims to make the drug more accessible to uninsured... Read more
They're providing a value for money and
it's something that they've talked about for a while now in their calls.
now, the reason why these are easier to produce is, you know, the fill in finish
capacity to the capacity needed to actually put the drug in the pens and
the capacity needed to manufacture... Read more
Hey everybody it's amy from amy dweight loss.com and let's talk today about these vials so a lot of you have already read the eli lily and their second quarter report you can go to google you can search eli lily vials it will definitely come up but they said there zet bound vials in the coming weeks... Read more