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Home » China biotechs rise to challenge Ozempic, Wegovy
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China biotechs rise to challenge Ozempic, Wegovy

Sep. 12, 2024
By Marian (YoonJee) Chu
Chinese pharmaceutical and biotech companies are leading development of glucagon-like peptide-1 receptor agonists as Novo Nordisk A/S and Eli Lilly and Co. edge closer to launching blockbuster therapies in China. At the heart of the GLP-1 boom is a nationwide obesity problem driven by a confluence of factors, including the rise of a modern, sedentary lifestyle, according to Clarivate. Despite the rising prevalence of obesity and type 2 diabetes, the gap in obesity therapeutics is “substantial and leaves a solid market opportunity for weight loss drugs,” Karan Verma, principal analyst of healthcare research & data analytics at Clarivate, said.
BioWorld Analysis and data insight Clinical Regulatory Cardiovascular Diabetes Endocrine/metabolic Neurology/psychiatric Obesity Biosimilar Peptide Asia-Pacific China FDA NMPA

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