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Updated · Bloomberg · May 8Novo Nordisk drug sales surge 40% in India
10 articles · Updated · Bloomberg · May 8
- April sales of Wegovy, Ozempic and partner-branded versions reached 32,000 units in the first full month after generic semaglutide launched.
- The company cut starting-dose prices by 36% for Ozempic and 48% for Wegovy from April 1, reducing both to 5,660 rupees.
- The gains suggest branded demand remains resilient in India even as lower-cost generic GLP-1 obesity and diabetes treatments enter the market.
As cheap weight-loss drug generics flood India, are patients trading affordability for unknown health risks? Novo slashed prices to boost sales in India. Is this a brilliant defense or a move that devalues its blockbuster drugs globally?