India plans to incentivize domestic production of GLP-1 medications by 2026 due to semaglutide patent expiration.

India plans to incentivize domestic production of GLP-1 medications, which treat obesity and diabetes, by 2026, as patent on semaglutide, a GLP-1 agonist, is set to expire. Indian companies developing GLP-1 drugs have applied for the government's Production-Linked Incentive (PLI) scheme and will receive incentives once they begin manufacturing in 2026. By 2030, the market for anti-obesity medications is expected to be worth $100 billion.

June 28, 2024
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