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I'm really hoping China or Russia or any other planned economy just jumps in here with their own cheaper rendition of the drug to stop these pharma companies from arbitrarily hiking prices
If the US won't regulate itself, fuckit why not Russia or China for a bit of competition
Russia didn't have planned economy for almost 40 years, and even before that the word economy was heavily in quotations. They were so good they could organise sand shortages in Sahara. Since then things got worse.
This will probably happen next year in Canada since they did not renew the patent https://www.cbc.ca/news/health/ozempic-generic-canada-weight-loss-1.7584919
oh sweet
This already happened a year or two ago when private clinics were prescribing both of the diabetic brands of semaglutide and dulaglutide among others [1] incorrectly for weight loss. Causing shortages of both to those with proper prescriptions for diabetes. They never officially admitted that was the cause but there were brazen websites offering these prescriptions for around £250 per month.
[1] https://bsw.icb.nhs.uk/information-on-diabetes-drug-glp-1-ra-shortages/
One day, generic drug companies will fortify kids breakfast cereals with GLP-1.