The price of Ozempic has dropped by more than 50%

FAQ

What are generic drugs?

Generic medications are basically copies of brand name medications. They are authorized for sale by Health Canada to have the exact same active pharmaceutical ingredients and therapeutic effect as the original brand.

How do generics impact drug pricing?

In Canada, the government and generic manufacturers have a pricing framework in place that lowers the price of generics as more of them enter the market. Learn more about generic pricing framework here.

^{*Based on the current brand price of $320 per pen}

I'm already prescribed Ozempic with Felix — do I need to do anything when generic semaglutide is available?

No action needed! The price of Ozempic has dropped to more closely align with the price of generic semaglutide. If you're currently prescribed Ozempic with Felix, you'll automatically be charged the new lower price on your next fill.

Can I trust generics if they’re cheaper?

Yes! Generic medications are strictly regulated by Health Canada to ensure they are just as safe, effective, and high-quality as the original brand-name drugs.

To be authorized for sale, generic medications must contain the same active ingredient, be the same strength, dosage, and form, work the same way in the body, and meet the same safety, quality, and manufacturing standards.

Who makes the first approved generic semaglutide?

The first generic semaglutide approved in Canada is manufactured by Dr. Reddy's Laboratories. Health Canada follows a rigorous review process to ensure generic medications contain the same active ingredient and meet the same safety, quality, and manufacturing standards as the original brand-name drug.

When will prices start to drop?

The first generic semaglutide was approved by Health Canada on April 28, 2026 (manufactured by Dr. Reddy's Laboratories) meaning prices have dropped by more than 50%. As of May 27th, brand name Ozempic has also dropped in price by more than 50%. Prices will likely continue to fall in stages as more generic manufacturers enter the market. It may also take some time for these companies to scale up production, so availability could be limited or sporadic throughout the year depending on demand and production capacity. Coverage under provincial drug plans will vary by province and is not yet confirmed.

Will all Semaglutide-based drugs be impacted?

Because only semaglutide is going off-patent, lower prices are expected for semaglutide medications, but not necessarily others.