Novo Nordisk has launched Ozempic in India, a once-weekly injectable for type 2 diabetes that is also widely used for weight loss. With India’s high diabetes prevalence and rising obesity rates, the launch strengthens Novo’s market presence and positions it to benefit from the booming global weight-loss treatment sector.
Danish pharmaceutical giant Novo Nordisk has officially launched its diabetes drug Ozempic in India, marking a major milestone in the country’s healthcare landscape. Ozempic, a once-weekly injectable approved by the US FDA in 2017 for type 2 diabetes management, has become a global bestseller and is also widely prescribed off-label for weight loss due to its appetite-suppressing effects.
Key Highlights
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Launch in India: Novo Nordisk has introduced Ozempic to the Indian market this December, aiming to strengthen its foothold in one of the world’s largest diabetes populations.
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Therapeutic Use: Primarily indicated for type 2 diabetes, Ozempic helps regulate blood sugar and reduce cardiovascular risks.
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Weight-Loss Impact: The drug has gained global popularity for its off-label use in obesity management, making India a critical market given rising obesity rates.
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Market Context: India ranks second globally in type 2 diabetes prevalence, after China, making this launch strategically significant.
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Industry Outlook: Analysts project the global weight-loss treatment market could reach $150 billion annually by 2030, positioning Novo Nordisk strongly against competitors.
This launch underscores Novo Nordisk’s commitment to expanding access to advanced diabetes and weight-loss therapies, while tapping into India’s rapidly growing healthcare market.
Sources: The Hindu Business Line, Telegraph India, NewsBytes, Economic Times, Business Standard