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Generic semaglutide update: 3 of 9 generic semaglutide products approved by Health Canada. See timeline →

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GLP-1 News — Page 6

Drug approvals, price changes, generic timelines, and clinical trial results affecting GLP-1 medication costs in Canada.

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Novo Nordisk Eyes Third Generic as 65% Price-Cut Trigger Looms
Pricing

Novo Nordisk Eyes Third Generic as 65% Price-Cut Trigger Looms

Novo Nordisk executive Emil Kongshøj Larsen says a third generic semaglutide entry in Canada will trigger a mandated 65% cut to Novo's list price.

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Generic Semaglutide Hits Tier 2 Pricing: ~$114 Per 4-Week Supply
Pricing

Generic Semaglutide Hits Tier 2 Pricing: ~$114 Per 4-Week Supply

With two generic semaglutide approvals in Canada, pCPA tier rules cap the public-plan price at roughly $114 per four-week supply, skipping Tier 1 entirely.

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Health Canada Advisory: Counterfeit GLP-1 Products Found in Canada
Regulatory

Health Canada Advisory: Counterfeit GLP-1 Products Found in Canada

Health Canada warns consumers about unauthorized and counterfeit GLP-1 products sold by retailers and online, and is working with CBSA to block shipments.

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Alberta Blue Cross: GLP-1 Plan Spend Won't Drop Despite Generics
Industry

Alberta Blue Cross: GLP-1 Plan Spend Won't Drop Despite Generics

Alberta Blue Cross's 2026 pipeline report says GLP-1 plan spend is unlikely to decline even as a semaglutide generic arrives mid-2026, citing broader uses.

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CDA Pegs Mounjaro Public Coverage at $1.97B Over Three Years
Regulatory

CDA Pegs Mounjaro Public Coverage at $1.97B Over Three Years

Canada's Drug Agency estimates public plans would spend $1.97 billion on Mounjaro over three years, about $820 million more than current comparable drug spending.

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Health Canada: Many Generics Run 45-90% Below Brand Prices
Regulatory

Health Canada: Many Generics Run 45-90% Below Brand Prices

Health Canada says many generic medications cost 45 to 90 per cent less than brand-name versions, a benchmark now in focus after two semaglutide approvals.

3 min read
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BMO Analyst: Canada Is 'Test Case' for Generic GLP-1 Competition
Industry

BMO Analyst: Canada Is 'Test Case' for Generic GLP-1 Competition

BMO Capital Markets analyst Evan Seigerman says investors will watch Canada closely to see whether generic semaglutide can compete with branded peptides.

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Gerstein: GLP-1s Are 'Powerful Drugs,' Not Supplements
Clinical

Gerstein: GLP-1s Are 'Powerful Drugs,' Not Supplements

Hamilton diabetes researcher Dr. Hertzel Gerstein cautions Canadians that semaglutide is a powerful drug, not a supplement, as the second generic clears Health Canada.

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Sockalingam: Under 20% of Private Plans Cover Obesity Drugs
Industry

Sockalingam: Under 20% of Private Plans Cover Obesity Drugs

Obesity Canada's Dr. Sanjeev Sockalingam says fewer than 20% of Canadians with private drug plans can access approved obesity medications, citing $27.6B in 2023 costs.

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Second Generic Semaglutide Cleared; 7 Submissions Still Pending
Regulatory

Second Generic Semaglutide Cleared; 7 Submissions Still Pending

Health Canada authorized Apotex's generic semaglutide May 1, 2026, the second G7-first approval, with seven more generic submissions still under review.

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Health Canada Queue: 7 Semaglutide Generics Await Decisions
Regulatory

Health Canada Queue: 7 Semaglutide Generics Await Decisions

After authorizing a second generic semaglutide on May 1, Health Canada says seven more submissions remain under review with decisions due in coming weeks.

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Novo Nordisk Sees 'Low Single-Digit' Hit from Canadian Generics
Industry

Novo Nordisk Sees 'Low Single-Digit' Hit from Canadian Generics

Novo Nordisk executive Emil Kongshøj Larsen told analysts the company expects only a low single-digit impact from generic semaglutide entering Canada.

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Experts Welcome Generic Semaglutide, Urge Caution on Reliance
Industry

Experts Welcome Generic Semaglutide, Urge Caution on Reliance

McGill's Dr. Kaberi Dasgupta and Obesity Canada's Ian Patton react to Health Canada's G7-first generic semaglutide approvals, citing equity gains and public-health risks.

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Obesity Canada: Generic Semaglutide Approval Should Reshape Coverage
Regulatory

Obesity Canada: Generic Semaglutide Approval Should Reshape Coverage

Obesity Canada says Health Canada's generic semaglutide approvals should prompt governments and insurers to revisit coverage, citing under-20% private plan access.

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Health Canada Confirms G7-First Status After Apotex Generic Nod
Regulatory

Health Canada Confirms G7-First Status After Apotex Generic Nod

Health Canada confirms G7-first generic semaglutide status after authorizing Apotex's version, with seven additional submissions still under active review.

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Generic Semaglutide Pipeline: 7 Submissions Still Under Review
Regulatory

Generic Semaglutide Pipeline: 7 Submissions Still Under Review

Health Canada confirms seven generic semaglutide submissions remain under review after the second approval on May 1, 2026, with more decisions expected.

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Ozempic Topped Canadian Drug Sales at $2.9B in 2025: IQVIA
Industry

Ozempic Topped Canadian Drug Sales at $2.9B in 2025: IQVIA

Ozempic was Canada's best-selling drug in 2025 with $2.9B in sales, more than triple the next-ranked medication, IQVIA data shows as generics arrive.

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Apotex Won't Manufacture Generic Semaglutide in Canada
Industry

Apotex Won't Manufacture Generic Semaglutide in Canada

Apotex president Martin Arès confirms generic semaglutide pens won't be made at Canadian facilities, citing specialized manufacturing requirements.

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Apotex Wins Health Canada Nod for 2nd Generic Semaglutide
Regulatory

Apotex Wins Health Canada Nod for 2nd Generic Semaglutide

Health Canada authorized Apotex's generic semaglutide injection on May 1, 2026, the second generic of Ozempic approved in the G7, with 7 more submissions in review.

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Health Canada Reviewing 8 More Generic Semaglutide Submissions
Regulatory

Health Canada Reviewing 8 More Generic Semaglutide Submissions

Health Canada says decisions on 8 remaining generic semaglutide submissions are expected in coming weeks and months after Dr. Reddy's first approval.

3 min read
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