STOCKWATCH
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Pharmaceuticals
Regulatory29 Apr 2026, 09:09 am

Dr. Reddy's gets Health Canada approval for generic Semaglutide Injection

AI Summary

Dr. Reddy's Laboratories Ltd. announced on April 29, 2026, that it received a Notice of Compliance (NOC) from Health Canada for its Abbreviated New Drug Submission (ANDS) of Semaglutide Injection. This approval authorizes the commercialization, sale, and distribution of Semaglutide Injection in Canada. Dr. Reddy's is the first company to receive market authorization for generic Semaglutide Injection in Canada, covering 2 mg/pen and 4 mg/pen. This milestone highlights the company's expertise in complex generics and peptide-based therapeutics, supported by in-house API production. Canada is the world's second-largest market for Semaglutide, and this approval will help expand access to affordable GLP-1 treatments for Canadian diabetes patients.

Key Highlights

  • Dr. Reddy's received Health Canada approval for generic Semaglutide Injection.
  • It is the first company to get market authorization for this generic in Canada.
  • Approval enables commercialization and sale of Semaglutide Injection in Canada.
  • Highlights expertise in complex generics and peptide-based therapeutics.
  • Canada is the world's second-largest market for Semaglutide.
DRREDDY
Pharmaceuticals
DR.REDDY'S LABORATORIES LTD.

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