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Bank of America spends $250M a year on GLP-1 drugs for its employees (cnbc.com)
13 points by andrewstetsenko 4 hours ago | hide | past | favorite | 3 comments
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In known expenses, Eli Lilly spent a ~$1.2 billion in research/development, ~$3 billion in manufacturing facilities...

Cumulative revenue is estimated ~$65 billion, ongoing expenses isn't a number I can't accurately estimate.

It takes a ton of up-front investment to bring drugs to the market, the risk is extreme, and there is no early payout like most investments where revenue scales slowly over time; instead is like 0 returns, then a landslide.

One thing is for sure: these drugs are life-changing for people. I'm hoping these extreme revenue numbers clear the path for more investment, a resulting increase in competition, so we can bring prices down in a 2-3 years, and we're talking about something as pedestrian as Ozempic. What will really be wild is when these drug patents expire and the market is flooded with generics.


If employers don't t want to pay to keep employees healthy they shouldn't tie employees to employer-provided healthcare like indentured servants.

they do want to pay, they simply want to force less and less on their burden and more and more into their pockets.

What they don't want is universal healthcare. It's like a singularity, you get closer and closer but you can't ever reach the bad part.




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