Semaglutide is now generic.

Just not in Australia.

But in China, Brazil and Canada, generic drug makers are ready to grab the lucrative market for GLP-1 receptor agonists (RAs), which could drive prices down to $4 for a month of treatment.

Australia must wait longer, but with half a million Australians paying $250 a month for the drugs, the impact is expected to be explosive.

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