Canada Approves First Generic Weight Loss Drug | Vancouver News

Canada just approved the first generic weight loss injection, Svemia, made by Apotex — a cheaper copy of Wegovy — now available for teens and adults seeking weight management alongside diet and exercise. While two other generics already exist for diabetes, this is the first aimed at chronic weight loss for younger patients. With buzz around GLP-1 drugs possibly reducing cancer risk, experts urge caution — more long-term studies are needed. Apotex isn’t alone; Health Canada is reviewing six other generic semaglutide applications, promising a crowded, potentially cheaper market soon — signaling a major shift toward broader access to these treatments. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4d5f73502c3dd2fe