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Govt funding fail costing $45B
Posted 3 March 2026 PM
Eli Lilly is pushing the case for wider government reimbursement of obesity medications with a new report from GlobalData indicating obesity and overweight is costing Australia $45 billion each year.
The pharma giant is keen to extend funding for weight loss drugs beyond people with obesity and comorbidities to a wider population, banking on improving perception of its obesity drug Mounjaro. Last November the PBAC gave a recommendation to Novo Nordisk for Wegovy, for people with established cardiovascular disease with obesity, after failing twice to recommend the drug for obesity alone.
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Posted 3 March 2026 PM
Eli Lilly is pushing the case for wider government reimbursement of obesity medications with a new report from GlobalData indicating obesity and overweight is costing Australia $45 billion each year.
The pharma giant is keen to extend funding for weight loss drugs beyond people with obesity and comorbidities to a wider population, banking on improving perception of its obesity drug Mounjaro. Last November the PBAC gave a recommendation to Novo Nordisk for Wegovy, for people with established cardiovascular disease with obesity, after failing twice to recommend the drug for obesity alone.
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