Novo Nordisk eyes to bring blockbuster weight-loss drug Wegovy to India in 2026

Novo charges more than $1300 in the U.S. for a monthly supply and about 300 euros ($317) a month in Germany.

Published On 2023-10-01 07:30 GMT   |   Update On 2023-10-09 05:54 GMT
Advertisement

Bengaluru: Danish drugmaker Novo Nordisk aims to bring its blockbuster weight-loss drug Wegovy to India in 2026, after securing regulatory approvals and ensuring it has enough supply to meet demand, a top company official told Reuters.

The market opportunity for the drug is huge in the world's most populous country, where obesity rates are high especially among women. Illegal copycat versions of Wegovy are already being sold through online sites.

Advertisement

"I think there would be quite a lot of patients and quite a lot of doctors who would be interested in this therapeutic area," said Novo Nordisk's India Managing Director Vikrant Shrotriya.

"It will open up a new horizon for healthcare itself, because till now the horizon was only limited to alternative therapies and bariatric surgery, right?"

He urged patients not to buy copycat versions of Wegovy, warning they could be unsafe.

"They should not take it," Shrotriya said in an interview. "It is not licensed. For most of these products, we also do not know any kind of a cold chain and how it has been insured during transportation."

Novo holds the patent in India for the active ingredient in Wegovy called semaglutide but has not taken any legal action against the counterfeiters so far.

"We have not been able to take legal action because we have not been able to catch them," Shrotriya said, adding that while the illegal sellers were "difficult to trace", the company had not seen any large syndicates selling the drug in India.

He declined to comment on how Wegovy would be priced in India. Novo charges more than $1300 in the U.S. for a monthly supply and about 300 euros ($317) a month in Germany.

"When it comes to Wegovy, we have to see the ecosystem at that point of time in 2026," Shrotriya told Reuters, adding that the company would price it "to justify the innovation but also work for access in India".

Wegovy, a weekly injection, is the most effective treatment approved for weight-loss to date at a time when global obesity rates are at a record high.

The drug, along with Novo's diabetes drug Ozempic and Eli Lilly's Mounjaro, belongs to a class of therapies known as GLP-1 receptor agonists that slow digestion, helping patients feel full for longer.

Clinical trials showed Wegovy helped users lose about 15% of their body weight. A large study also showed the obesity treatment had a clear cardiovascular benefit.

Novo first launched Wegovy in the U.S. in 2021 and has introduced it in several European markets, including the UK and Germany. It has struggled to produce enough of Wegovy to meet demand in those countries and said it was unlikely to sell the drug in developing nations for a very long time.

Demand in India could be high. The prevalence of abdominal obesity in India was found to be 40% in women and 12% in men, an article in the medical journal the Lancet said, citing data from a National Family Health Survey for 2019-2021.

Shrotriya said Novo aims to be prepared to match the demand.

"When we launch in a country, we want that the continuity of the supply is there," he said.

Read also: USFDA says timeline for supply limits on Novo Nordisk weight loss drug Wegovy unclear

Tags:    
Article Source : Reuters

Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.

NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.

Our comments section is governed by our Comments Policy . By posting comments at Medical Dialogues you automatically agree with our Comments Policy , Terms And Conditions and Privacy Policy .

Similar News