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Stock impact report

India Semaglutide Patent Expiry Could Drive 50% Price Drop in Weight-Loss Drugs [Yahoo! Finance]

Dr. Reddy's Laboratories Ltd (RDY) 
US:NYSE Investor Relations: drreddys.com/investors
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus India's obesity-drug market could be entering a new phase as Novo Nordisk ( NYSE:NVO ) approaches the expiration of its key semaglutide patent in the country on March 20. The patent loss may allow several Indian pharmaceutical companies including Mankind Pharma, Ajanta Pharma, Sun Pharmaceutical Industries, Dr. Reddy's Laboratories and Lupin to launch lower-cost versions of the active ingredient used in Ozempic and Wegovy. These generic therapies are expected to be at least 50% cheaper than Novo's treatment, potentially priced around 5,000 rupees per weekly dose, a shift that could broaden access to weight-loss medications across the country. Warning! GuruFocus has detected 2 Warning Sign with NVO. Is NVO fairly valued? Test your thesis with our free DCF calculator. Healthcare providers across India are already preparing for a possible surge in demand. Hospital groups such as Apollo Health & Lifestyle and Fortis Healthcare are expandin Show less Read more
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