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-0.000817216017433973 -0.00190683737401254 0.00245164805230192 0.00408608008716967 0.00163443203486795 0.00108962135657857 -0.0103514028874967 -0.00844456551348413
Stock impact report

Novo Nordisk patent expiry opens door to cheaper weight-loss drugs in India [Yahoo! Finance]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: Yahoo! Finance
drugs is set for a shake-up as Danish drugmaker Novo Nordisk's patent on semaglutide expires this week, triggering a wave of cheaper generics from local drugmakers and worries about uneven oversight in an overcrowded ?market. More than 40 Indian firms are expected to launch over 50 brands within weeks, analysts and doctors said, widening access in a price-sensitive market, ?but also raising concerns about misuse and confusion among prescribers as costs fall sharply. Sun Pharma, Mankind Pharma, Dr. Reddy's, Zydus, Lupin and Alkem are among the companies expected to launch generic versions of ?semaglutide, the active ingredient in Novo's diabetes drug Ozempic and weight-loss treatment Wegovy. "With high demand, falling prices and multiple brands, you may see direct pharmacy purchases, distributor-level leakages, or cosmetic or lifestyle use especially in urban markets," said Salil Kallianpur, an independent analyst. "This could lead to misuse, poor titration and unmanaged side e Show less Read more
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