0610 GMT - India's market for GLP-1 weight-loss drugs is valued at several billion dollars and could grow to 4%-5% of the country's pharmaceutical market, Elarna Capital strategist Bino Pathiparampil says in a note. Semaglutide's sales volume is expected to surge as the GLP-1 drug goes generic in India next year, with the drug's wider use potentially adding 1%-2% to India's pharma sector growth, he says. Generic drugmakers with strong existing diabetes franchises are set to benefit the most, the strategist says, with Sun Pharmaceutical Industries, Lupin, Eris Lifesciences, Torrent Pharmaceuticals and Intas Pharmaceuticals best positioned. Dr. Reddy's and Zydus Life may also benefit, he adds. However, growth in GLP-1 treatments might cause other diabetes products to suffer, with the insulin market potentially shrinking by 10%-15%. (jason.chau@wsj.com)
(END) Dow Jones Newswires
December 23, 2025 01:10 ET (06:10 GMT)
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