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Teva readies first generic version of GLP-1 drug Victoza in U.S.

By Brian Buntz | June 25, 2024

Generic giant Teva Pharmaceuticals will launch the first generic version of Victoza (liraglutide injection 1.8mg) in the U.S, making it the first generic GLP-1 drug to enter the U.S. market. The patent for Novo Nordisk–developed liraglutide is set to expire until November 18, 2024.

Other popular GLP-1 drugs, such as semaglutide (marketed as Ozempic and Wegovy), still maintain patent protection until 2026. Victoza had annual sales of $1.656 billion as of April 2024. “We are pleased to announce the launch of the first generic GLP-1 product in the U.S. marketplace and we hope that it will help improve access and address some of the current challenges,” said a Teva spokesperson.

Pricing and future plans

In terms of pricing, Teva plans on charging $469.60 for the two pack and $704.40 for the three pack versions of the drug.

“Teva looks forward to bringing our first to file Gx Saxenda to the market at the appropriate time, and will continue to evaluate future opportunities in this space,” a spokesperson said.

In a press release, Ernie Richardsen, SVP and head of U.S. commercial generics at Teva, underscored that this launch not only provides patients with type 2 diabetes another treatment option but also strengthens the company’s generics portfolio.

Liraglutide indications

Liraglutide injection, the active ingredient in Teva’s newly launched generic, has a number of impacts on metabolism. It is indicated to improve glycemic control in adults and pediatric patients aged 10 years and older with type 2 diabetes mellitus. Additionally, it has been shown to reduce the risk of major cardiovascular events such as heart attack, stroke or death in adults with type 2 diabetes mellitus and established cardiovascular disease.

Victoza (liraglutide) is indicated to improve glycemic control in patients 10 years and older with type 2 diabetes, and to reduce the risk of heart attack, stroke and cardiovascular death in adults with the condition and a history of cardiovascular disease. Another version of the drug marketed as Saxenda is indicated for weight loss.


Filed Under: Cardiovascular, Metabolic disease/endicrinology
Tagged With: cardiovascular risk reduction, generic drug pricing, GLP-1 drugs, liraglutide, Teva Pharmaceuticals, type 2 diabetes, Victoza generic
 

About The Author

Brian Buntz

As the pharma and biotech editor at WTWH Media, Brian has almost two decades of experience in B2B media, with a focus on healthcare and technology. While he has long maintained a keen interest in AI, more recently Brian has made making data analysis a central focus, and is exploring tools ranging from NLP and clustering to predictive analytics.

Throughout his 18-year tenure, Brian has covered an array of life science topics, including clinical trials, medical devices, and drug discovery and development. Prior to WTWH, he held the title of content director at Informa, where he focused on topics such as connected devices, cybersecurity, AI and Industry 4.0. A dedicated decade at UBM saw Brian providing in-depth coverage of the medical device sector. Engage with Brian on LinkedIn or drop him an email at bbuntz@wtwhmedia.com.

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