and the expectation is that the price of weight loss pens will be reduced by up to 35% with the entry of generics onto the market.
The projection is from the pharmaceutical company EMS, one of those interested in producing the generic medicine. The company says it was based on the study “The Impact of Competition: evidence of the end of the automatic extension of patents by the STF”, by Cristiano Aguiar Oliveira.
Research commissioned by EMS showed that increased competition leads to a 20% reduction in regulated prices. The effect can reach 35% in larger cases with more competition.
With the loss of the patent, products, such as Ozempic and Wegovy, can be sold by other companies, as long as they are registered with the (National Health Surveillance Agency).
The pharmaceutical company hopes to double the revenue recorded last year with the expansion of supply on the national market, currently worth around R$250 million. And it must manufacture the active ingredient of the medicine in Hortolândia, in the interior of São Paulo.
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