Weight-Loss Drug Market Expands with New Generic Versions
The introduction of more affordable generics is set to increase accessibility and competition in the weight-loss pharmaceutical sector.
- Generic versions of popular weight-loss drugs like Victoza and Saxenda are now available, reducing costs significantly.
- Novo Nordisk's Wegovy has been approved in China, targeting a market with a high prevalence of obesity.
- Experts predict a surge in the use of these drugs, particularly in lower-income countries, due to lower prices.
- The competition includes new drugs like Eli Lilly’s Mounjaro, which shows promising results in weight loss.
- Health benefits of these drugs extend beyond weight loss, potentially reducing risks of diabetes and heart disease.