On June 17, 2025, Novo Nordisk was reported to be losing Canadian patent protection on a blockbuster drug due to a missed fee payment. This oversight opens the door for generic drugmakers to launch cheaper versions of the GLP-1 in Canada next year.
The loss of patent exclusivity in a key market like Canada can lead to significant revenue erosion for the affected drug. Generic competition typically drives down prices and reduces market share for branded products.
This development highlights the critical importance of patent management and intellectual property protection in the pharmaceutical industry. Novo Nordisk will face increased competition in the Canadian market for this specific drug.
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