Weight-loss therapy costs set to be lower by up to 90%
0 3 min 4 dys


Weight-loss therapy costs set to be lower by up to 90%

NEW DELHI : Weight-loss therapy costs are set to reduce substantially by up to 90%, with generic versions of injectable semaglutide are expected to hit pharmacy shelves from March 21. The move kicks off one of the most closely watched price wars in the high-stakes obesity and diabetes drug market.This is in the wake of the innovator Novo Nordiskโ€™s patent on semaglutide, the key ingredient in these therapies, expiring on Friday. Two drugmakers including Natco Pharma and Eris Lifesciences announced plans to roll out the pen-filled jabs over 50% cheaper than the innovatorโ€™s price, in April. Interestingly, in a bid to lower the therapy cost further, they are also introducing vials at Rs 1,300 per month โ€” about 90% cheaper than the innovator brand Ozempic.The vial will need to be administered through a syringe by a trained hand. More companies including Sun Pharma, Zydus and Dr Reddyโ€™s are expected to join the highgrowth Rs 1,500 crore therapy market on Day 1 (March 21).Blockbuster therapies โ€” Wegovy and Mounjaro โ€” marketed by Novo Nordisk and Eli Lilly respectively, were launched at โ€˜โ€™India-specific pricesโ€™โ€™ last year, while global bestseller Ozempic by the Dutch firm, made its India debut in Dec last year. Semaglutide, a GLP-1 (glucagon-like peptide-1) receptor agonist, helps to control blood sugar and improve satiety, reducing cravings for food, eventually inducing weight-loss.Natco plans to launch a semaglutide pen device in April starting at Rs 4,000 per month. The innovator Novo Nordiskโ€™s Ozempic is priced at Rs 8,800 per month for the lowest strength. It is also introducing multi-dose vials starting at Rs 1,290 per month.Natco said: โ€œIt is the most affordable GLP-1 in Indian market as it is around 70% cheaper than pen device, and 90% cheaper than the price of the innovatorโ€™s brand. This will increase patient accessibility to the GLP-1 therapy and would help in long term compliance for the patients.โ€

Leave a Reply

Your email address will not be published. Required fields are marked *