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Counterfeit Semaglutide Floods U.S. Market: FDA Faces Uphill Battle Amid Soaring Demand and Legal Tussles

AInvestSaturday, Aug 17, 2024 11:00 am ET
1min read
The semaglutide craze in the United States, primarily sought for its efficacy in weight loss, has brought with it a rise in the production and sale of counterfeit versions, leading to significant challenges for the U.S. Food and Drug Administration (FDA). 
Semaglutide, a GLP-1 receptor agonist, is effective in promoting insulin secretion, suppressing glucagon secretion, slowing gastric emptying, and increasing satiety, thereby reducing appetite and helping in weight loss. Initially developed for diabetes treatment, it was found to significantly reduce weight with manageable side effects, causing its demand to surge in multiple countries, particularly the U.S. 
Despite its high monthly treatment cost of about $1000, semaglutide remains in short supply, a situation that has paved the way for cheaper, compounded "imitations" made using semaglutide mixed with other substances. These alternatives, priced between $300 and $600 per month, have become widespread. 
According to the FDA, compounded drugs are legally permitted when prepared by certified pharmacists or facilities following strict guidelines. However, many of these compounds skipped FDA approval, raising concerns about their safety and efficacy. The FDA has repeatedly issued warnings about these uncertified compounds, citing issues such as questionable ingredients and inaccurate dosages, which have even led to hospitalizations. 
Moreover, illegal online sales of semaglutide and its compounds have become rampant. A study published in a prominent medical journal highlighted that 42% of online pharmacies selling semaglutide were operating illegally. Despite the legal requirement for a prescription, semaglutide is often sold without one. 
The manufacturer of semaglutide, Novo Nordisk, has taken steps to combat this situation by increasing the supply of legitimate products and pursuing legal action against illegal compounding pharmacies. Reports indicate that Novo Nordisk has filed over 30 lawsuits nationwide to protect market integrity.
As demand continues to grow, so does the urgency for tighter enforcement and consumer awareness to prevent the proliferation of counterfeit medications that pose significant health risks.
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