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Reasons Canada has generic Ozempic
Canada became the first G7 country to approve a generic version of semaglutide, the active ingredient in drugs like Ozempic and Wegovy, which are used for weight loss and diabetes management. The introduction of these generics is expected to significantly reduce costs, making GLP-1 medications more accessible to Canadians and potentially influencing prices in other countries like the US. While Canadian generics are already available, US patent laws delay similar approvals, with generics possibly not arriving until 2032.
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