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0 -0.000682360968952561 -0.00409416581371549 -0.00409416581371549 -0.00682360968952573 -0.00545888775162061 -0.00272944387581037 -0.00409416581371549
Stock impact report

Zydus to launch generic semaglutide injections in India after patent expiry in March [Yahoo! Finance]

Dr. Reddy's Laboratories Ltd (RDY) 
US:NYSE Investor Relations: drreddys.com/investors
Company Research Source: Yahoo! Finance
* Zydus plans to launch the drug under three brand names - SEMAGLYN, MASHEMA, ALTERME. * Unlike existing treatments that ?require multiplesingle-use pens, ?Zydus' single adjustable pen will let patientsselect different doses, lowering costs, ?it says. * Zydus holds exclusive rights to its reusable pen withprefilled cartridges. * Patent protection for ?semaglutide expires ?in India late ?inMarch 2026, triggering a ?rush among Indian drugmakers to preparelower-cost versions. * Semaglutide is the active ingredient in Danish drugmakerNovo Nordisk's blockbuster diabetes drug Ozempic and weight-lossdrug Wegovy. * In January, Zydus received approval ?from India's regulatorto make ?and sell generic versions ?of the weight-loss ?drugs. * Larger peer Dr Reddy's ?Laboratories is likely to ?launchits generic ?semaglutide injection in the country in March underthe brand name Obeda, Reuters reported ?earlier on ?Wednesday,citing two people familiar with the ?matter. (Reporting by Nishit Navin in Show less Read more
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