Your email has been successfully added to our mailing list.

×
-0.000360880548538362 0 0.00108264164561534 -0.000360880548538362 -0.00505232767953809 -0.00685673042223029 -0.00685673042223029 -0.00685673042223029
Stock impact report

Ozempic copies for $14 as the generic GLP-1 era starts in India [Los Angeles Times (CA)]

Dr. Reddy's Laboratories Ltd (RDY) 
US:NYSE Investor Relations: drreddys.com/investors
Friday, crashing prices in the country with the third-largest overweight population. Natco Pharma Ltd. plans to make an injection for semaglutide — the active ingredient in both Ozempic and Wegovy — that will have a starting price of 1,290 rupees ($14) a month, on the first day the generics are allowed. The pen device is expected to launch by April and cost about 4,500 rupees a month, it said in a filing. By comparison, Novo's Wegovy pen starts at about 10,480 rupees ($113) in India and about $199 in the US under the self-pay model. Other companies are likely to price the starting dose between 3,000 rupees ($32) and 5,000 rupees a month, according to people familiar with the matter who did not want to be named as the information is competitive. While Canada was the first to lose patent protection for semaglutide in January, the Canadian health regulator hasn't approved any generics so far effectively making India the first major market to see a flood of copycat versions. The ens Show less Read more
Impact Snapshot
Event Time:
RDY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
RDY alerts

from News Quantified
Opt-in for
RDY alerts

from News Quantified