# Bank of America to Spend $250 Million Annually on GLP-1 Drugs

2026-08-06T14:38:33+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Bank of America plans to spend $250 million a year on GLP-1 medicines, NDTV Profit reports. The drugs include Ozempic and Wegovy, which have seen rising demand. Each patient’s treatment can cost employers in the United States thousands of dollars a year, putting pressure on company expenses. The report describes Bank of America’s spending as a good investment, but does not provide further details on the policy or expected returns.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/business/good-investment-why-bank-of-america-is-spending-250m-a-year-on-glp-1-drugs-11874865>

Tags: Bank of America, GLP-1 drugs, Ozempic, US healthcare, Wegovy
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