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$275 blunder opens huge market
Posted 21 November 2025 PM
Novo Nordisk’s failure to pay a AUD$275 patent maintenance fee has opened up the Canadian semaglutide market to generics – and Sandoz is making the most of it. It has submitted a biosimilar for approval and hopes to launch there next year.
“No one’s actually got an approval yet, but certainly we would expect to see entrance in that market in Q1 [or] Q2 next year,” Sandoz CEO Richard Saynor said at the Financial Times Global Pharma and Biotech Summit last week.
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Posted 21 November 2025 PM
Novo Nordisk’s failure to pay a AUD$275 patent maintenance fee has opened up the Canadian semaglutide market to generics – and Sandoz is making the most of it. It has submitted a biosimilar for approval and hopes to launch there next year.
“No one’s actually got an approval yet, but certainly we would expect to see entrance in that market in Q1 [or] Q2 next year,” Sandoz CEO Richard Saynor said at the Financial Times Global Pharma and Biotech Summit last week.
To see the whole article, please login
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