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Aspen Pharmacare aims for Canada entry with Ozempic generic by third quarter

Aspen Pharmacare aims for Canada entry with Ozempic generic by third quarter

ReutersTue, March 3, 2026 at 1:54 PM UTC

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An Aspen Pharmacare logo is seen at outside company offices in Woodmead, Johannesburg, South Africa, September 13, 2018. REUTERS/Siphiwe Sibeko

JOHANNESBURG, March 3 (Reuters) - Aspen Pharmacare's unbranded version ‌of Novo Nordisk's popular ‌diabetes drug Ozempic could be ​registered in Canada in the second or third quarter of this year, the ‌South African ⁠pharmacueticals group's CEO said on Tuesday.

"We're getting ⁠feedback from the regulators. From what we can ​see, we ​could ​have a registration ‌in late Q2 or Q3 of this calendar year, so some time between May and September," Stephen ‌Saad told Reuters.

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Aspen ​hopes to ​be one ​of the first ‌to provide generic ​competition for ​Ozempic in Canada after Novo's patent on semaglutide ​for ‌diabetes expired in January.

(Reporting ​by Nqobile DludlaEditing by ​David Goodman)

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