Sun Pharma cleared to sell generic Wegovy, intensifies India's obesity‑drug race

Reuters
2026.01.23 05:38
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Sun Pharmaceutical Industries has received regulatory approval to manufacture and sell semaglutide, the generic version of Wegovy, in India. The drug will be marketed as Noveltreat for weight loss after the patent expires in March. This move allows Indian generic drugmakers to enter a lucrative market projected to reach $150 billion globally. Sun Pharma is the second Indian company to gain approval for generic semaglutide, following Dr Reddy’s Laboratories. The company also plans to launch a generic version of Ozempic under the name Sematrinity.