Off-label Ozempic compensating for in-demand Wegovy's supply shortage, says GlobalData
Danish pharma major Novo Nordisk (NOV: N) announced last month that the company had experienced a growth in the sales of Ozempic (semaglutide), which is indicated for type 2 diabetes (T2D).
According to data and analytics provider GlobalData, this increase may be attributed to supply shortages of Wegovy (semaglutide), indicated for obesity, due to its high demand and manufacturer production problems.
"Wegovy shows potential for the greatest amount of weight reduction among approved therapies for obesity"
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