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Mounjaro maker pauses shipments of weight-loss drug to UK | |
(32 minutes later) | |
US firm Eli Lilly reportedly tells British wholesalers to stop taking orders as demand soars before September price rise | US firm Eli Lilly reportedly tells British wholesalers to stop taking orders as demand soars before September price rise |
Business live – latest updates | Business live – latest updates |
The manufacturer of the weight loss drug Mounjaro has paused shipments to the UK before a significant price rise for the treatment next month. | |
The US pharmaceutical company Eli Lilly is due to increase the UK list price of the drug by up to 170% from September, amid a White House push to get drugmakers to raise medicine prices in Europe to allow for price cuts in the US. | |
The company said that in order to manage its supply and ensure that patients maintained access, it had allocations in place for pharmacies and providers that ordered medicines from the company. | The company said that in order to manage its supply and ensure that patients maintained access, it had allocations in place for pharmacies and providers that ordered medicines from the company. |
There were legal protections to prevent inappropriate stockpiling of medicines by providers, Eli Lilly said. It plans to resume orders on 1 September. | |
The rise in prices could result in a month’s supply of the highest dose of the medicine increasing from £122 to £330 ($165 to $445). | The rise in prices could result in a month’s supply of the highest dose of the medicine increasing from £122 to £330 ($165 to $445). |
Eli Lilly has reportedly told its two British wholesalers to temporarily stop taking orders after demand soared before the price increase comes into force on 1 September. Pharmacies said there had been panic buying of the drug since the price announcement this month. | |
People using Mounjaro have been warned against switching to sellers on the hidden economy or bulk buying. | |
While many pay for the drug in the UK, it became available on the NHS at the end of June, and Eli Lilly says the higher price will not affect those who get it through the health service. | |
Mounjaro – also known by its generic name tirzepatide – has become a popular alternative to the most well-known weight loss drug, Ozempic. Both drugs, which are taken as weekly injections, were developed as treatments for type 2 diabetes. | |
When it was launched in Britain in February 2024, Eli Lilly agreed to a list price “significantly below” its other European markets to stop delays in availability of the medicine through the NHS. | |
The increase in the list price will align it more consistently, the company has said, although it added that the NHS would not pay the new, higher price to ensure continued access for people with obesity and type 2 diabetes receiving it through the health service. | |
On 31 July, Donald Trump sent letters to 17 of the world’s biggest drugmakers, including Eli Lilly and Novo Nordisk, demanding cuts to prices for Americans within 60 days. | |
In May, the US president told reporters that a friend in London had told him he had bought the “fat-shot drug” for $88, compared with $1,300 in New York. |