Tag

Patent Expiry

All articles tagged with #patent expiry

Novo Nordisk slides on patent cliff worries after cautious growth targets
finance18 days ago

Novo Nordisk slides on patent cliff worries after cautious growth targets

Novo Nordisk shares fell more than 7% after its Capital Markets Day failed to reassure investors about weight‑loss drug competition and looming semaglutide patent expiry, as the company projects five multi‑blockbuster drugs by 2030 and over 150 billion Danish kroner in risk‑adjusted pipeline sales by 2035, while acknowledging a CagriSema Phase 3 miss and tight competition in the obesity drug market (Lilly leads ~61% vs Novo's ~39%).

India set to drive down Ozempic-like drug costs as semaglutide patent nears expiry
business8 months ago

India set to drive down Ozempic-like drug costs as semaglutide patent nears expiry

As Novo Nordisk’s semaglutide patent nears expiry in March, Indian pharma companies are ramping up generic production of semaglutide injections (and competitors like tirzepatide), with price expectations falling from hundreds of dollars per month to about $77 initially and potentially around $40 over time. Analysts say this could trigger a global price war and transform India into a major low-cost supplier for obesity and diabetes treatments, though experts warn against misuse and stress the need for lifestyle interventions alongside medication.