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South Africa's Aspen aims for slice of booming GLP-1 drug market by...

South Africa's Aspen Pharmacare is targeting the diabetes and obesity drug market as patents for these drugs expire in emerging markets. The company aims to manufacture and sell GLP-1 drugs starting in 2026. Aspen has secured a license agreement for the intellectual property associated with generic semaglutides, presenting commercial and manufacturing opportunities. The CEO believes there is a market opportunity for more affordable drugs that will drive a surge in global volumes as more patients access these treatments.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14459811/South-Africas-Aspen-aims-slice-booming-GLP-1-drug-market-2026.html
Source Id: 2025-03-649937317

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