News Formal

China's Creating Cheapo Versions of Ozempic That Could Majorly Shake Up the Market

  • 📰 futurism
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 68%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Science and Technology News and Videos

As China prepares to beef up its weight loss medication market, the Danish firm that makes Ozempic and Wegovy may soon have its dominance threatened.Chinese drug manufacturers are working on creating at least 15 generic versions of the glucagon-like peptide-1 agonist drugs as Ozempic maker Novo Nordisk makes money hand over fist in the region., Novo saw the diabetes drug Ozempic sales in the country nearly double over the last few years, topping out at nearly $700 million.

I understand and agree that registration on or use of this site constitutes agreement to its User Agreement and Privacy Policy

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 85. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China’s growing e-commerce market is creating a new set of winnersOnline shopping in China is widely expected to grow. It's less clear how much longtime players such as Alibaba and JD.com will benefit.
Source: CNBC - 🏆 12. / 72 Read more »