Novo Nordisk Launches Wegovy in China at Lower Price Point
The weight-loss drug, approved in June, is now available as China faces rising obesity rates.
- Wegovy is priced at 1,400 yuan ($193) in China, significantly lower than the US price of $1,349.
- Novo Nordisk's drug targets adults with obesity or overweight individuals with weight-related health issues.
- China's obesity rates have increased, with over half of the adult population being overweight or obese.
- The drug is not covered by China's national health insurance, making it a self-funded option for patients.
- Local companies are developing generic versions of Ozempic, another Novo Nordisk drug, to meet demand.