Hi,

This is Big Pharma’s latest bait and switch: Under public pressure over
the outrageous prices of insulin, pharma corporation Novo Nordisk
announced that it would significantly lower the price of Levemir (one of
its insulin products). But before the price cut went into effect, Novo
Nordisk discontinued Levemir in the United States. And Novo Nordisk’s
alternative to Levemir costs THREE times as much as Levemir.^1

This is all part of the Big Pharma corporate greed that raises prices on
prescriptions and throws lawsuits at the government in response to
President Biden’s announcement that Medicare would lower the price of just
ten prescription drugs. Medicare and President Biden must stand firm
against Big Pharma greed!

[ [link removed] ]Sign the petition: President Biden has a chance to put a stop to Big
Pharma’s greed. Tell President Biden and Medicare to stand up against Big
Pharma and lower the costs of medications!

ADD YOUR NAME

Giving Medicare the ability to negotiate lower drug prices makes sense for
so many reasons — and that’s why Democrats and President Biden passed the
reform in the Inflation Reduction Act. Cost should not be an obstacle to
getting the medication people need, especially when we’re talking about
medicine for conditions like cancer, diabetes, and kidney disease.
Unsurprisingly, an overwhelming majority of Americans want lower
prescription costs.^2

But, of course, when Medicare and President Biden went ahead and lowered
the cost of just 10 prescription drugs, Big Pharma sued Medicare AND
jacked up the cost of over 500 prescription drugs.^3 Drug companies want
to continue padding rich executive bonuses and pushing its stock price as
high as possible.

But we need the government to hold strong against Big Pharma greed,
because Novo Nordisk’s price cut bait and switch scheme is just another
example of how Big Pharma will do anything to avoid profit losses — even
if it means patients have to pay more money for life-saving medications.
These corporations are in an all-out, stop-at-nothing campaign to protect
their profits over the health of Americans. We can’t let them win.

[ [link removed] ]Tell President Biden: Lower drug costs and stop Big Pharma!

Thanks for taking action,

Joey and the team at Demand Progress

[ [link removed] ]DONATE

Sources:

 1. American Prospect, “Novo Nordisk Discontinues Insulin Medication After
Cutting Its Price,” [ [link removed] ]March 14, 2024.
 2. American Prospect, “Who’s Running Big Pharma’s Last Stand Against
Slightly Fairer Drug Pricing,” [ [link removed] ]August 29, 2023.
 3. Reuters, “Exclusive: Drugmakers set to raise US prices on at least 500
drugs in January,” [ [link removed] ]December 29, 2023.
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