Pharma on the Joe Rogan Experience

“So the second this bill is signed, $1,600 per patient per month, taxpayer money, which is why Novo Nordisk is the ninth most valuable company in the world righ…”

Calley Means claims Novo Nordisk is the ninth most valuable company in the world and expects 90 percent of its profits from the United States on expectation of a bill funding Ozempic at $1,600 per patient per month.

“And they've also been busted before. Like Pfizer, the largest ever healthcare case, $2.3 billion for fraudulent claims, fraudulent advertising.”

Gupta states Pfizer was fined $2.3 billion in what he calls the largest-ever healthcare fraud case, for fraudulent claims/advertising.

“between 2003 and 2016, most of the top 10 drug companies paid fines totaling about $33 billion for illegal marketing of drugs, hiding data on harms, and manipu…”

Malhotra claims most of the top 10 pharmaceutical companies paid roughly $33 billion combined in fines between 2003-2016 for illegal marketing, hiding harm data, and manipulating results.

“I think, what is the number, like one third of the drugs that the FDA approves gets pulled? It's fucking bananas.”

Rogan claims roughly one-third of FDA-approved drugs end up being pulled from the market.

“Ozempic, the list price was $1,350 in America. You could buy the same drug in any pharmacy in London for $88. And it's made in the same factory in New Jersey.”

Kennedy claims Ozempic's US list price is $1,350 versus $88 for the identical drug at a London pharmacy.

“The biggest hurdle is that a new drug, if you look at the last several years, cost $2.5 billion to get to market.”

Riordan states that bringing a new drug to market costs $2.5 billion.