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Ozempic maker cuts brand-name price as generic semaglutide hits pharmacy shelves

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Ozempic maker cuts brand-name price as generic semaglutide hits pharmacy shelves
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The price of Ozempic, a leading diabetes and weight loss medication in Canada, is decreasing as generic versions of its active ingredient, semaglutide, become available. Apotex Inc. has launched a generic version priced significantly lower than the brand-name product. Novo Nordisk, the maker of Ozempic, is also introducing discounts for uninsured patients to match the generic prices.

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Original publisherThe Globe and Mail
Canonical URLhttps://www.theglobeandmail.com/business/economy/article-ozempic-price-brand-name-drug-generic-semaglutide-weight-loss/
Publication timeTue, 26 May 2026 21:09:00 +0000
Retrieval time2026-05-26T21:17:54.523Z
Last seen2026-05-26T21:17:54.523Z
Headline sourcePublisher (no WeSearch rewrite)
Excerpt sourcepublisher body
Excerpt methodFirst ~120 words (~800 chars) of extracted publisher body, fair-use limited.
SummaryWeSearch · cerebras-chat (WeSearch summarizer)
Summary source textcontentText
Citation coverageSummary is a WeSearch-generated derivative; primary citation is the original publisher URL.
ClusteripXwYizl9fjo
Cluster logicGrouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison.
Ranking reasonStory pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking.
Publisher visitYes — open original
Substitutes article?No — link-out required for full text

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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

Open this photo in gallery:Boxes of semaglutide injection pens at a pharmacy in Oshawa last October.EDUARDO LIMA/The Globe and MailShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountThe price of Canada’s best-selling drug, Ozempic, is starting to plummet.Generic forms of semaglutide, the active ingredient in Ozempic, have begun to hit pharmacy shelves. The first product widely available is from Toronto-headquartered Apotex Inc., which is pricing its version of Ozempic at less than a third of the cost of the brand name.Meanwhile, Danish drug manufacturer Novo Nordisk NVO-N, the maker of Ozempic, announced Tuesday it would start offering discounts to patients not covered by insurance so they could pay the generic price for the brand-name product.Semaglutide…

Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.

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