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Trump Says White House Will Negotiate Weight-Loss Drug Prices

Oct. 16, 2025, 8:43 PM UTC
Tyler Clifford
Tyler Clifford

President Trump says the White House will negotiate GLP-1s, or weight loss drugs like Novo Nordisk’s Ozempic, for lower prices.

  • Trump speaks to reporters at the White House
  • The prices will come down “pretty fast,” Trump says
  • Shares of Eli Lilly fall 2.7%, Novo Nordisk drop 2.8% in after-market trading

To contact the reporter on this story:
Tyler Clifford in Washington at tclifford13@bloomberg.net

To contact the editors responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

Bryan Pietsch

© 2025 Bloomberg L.P. All rights reserved. Used with permission.

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