IBOV 173,371.35 ▼ 0.20% IPSA 10,896.87 ▲ 0.10% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,223,652 — 0.00% COLCAP 2,298.34 — 0.00% BVL PERÚ 55,645.90 — — USD/BRL5.07▼ 0.34% USD/MXN17.38▼ 0.27% USD/CLP930.30▼ 0.45% USD/COP3,251▼ 0.54% USD/PEN3.39▲ 0.10% USD/ARS1,481▼ 0.03% USD/UYU40.19▲ 1.43% USD/PYG6,031▲ 1.52% USD/BOB10.75▲ 2.22% USD/DOP58.25▲ 0.71% USD/CRC447.35▲ 1.43% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59— 0.00% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 1.08% BRENT 90.69 ▲ 1.65% WTI 84.00 ▲ 0.93% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.67% GOLD 4,063 ▲ 1.32% SILVER 59.47 ▲ 4.70% SOY 1,223 ▼ 0.27% CORN 469.75 ▲ 4.51% WHEAT 669.00 ▼ 0.74% COFFEE 326.00 ▼ 2.51% SUGAR 14.83 ▲ 0.07% ORANGE JUICE 145.85 ▼ 1.05% COTTON 79.51 ▲ 2.77% COCOA 5,551 ▲ 0.56% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.15 ▲ 0.61% VALE3 71.93 ▼ 1.38% ITUB4 42.30 ▲ 0.81% BBDC4 18.41 ▲ 0.66% ABEV3 15.79 ▲ 1.02% BBAS3 20.17 ▼ 1.56% B3SA3 15.26 ▲ 0.39% WEGE3 43.13 ▼ 1.15% PRIO3 57.69 ▼ 0.28% SUZB3 41.89 ▼ 0.10% RENT3 37.49 ▼ 1.94% AZZA3 18.17 ▼ 2.26% CSAN3 3.82 ▼ 0.52% RAIZ4 0.27 ▼ 6.90% PCAR3 2.60 — 0.00% GMAT3 3.85 ▼ 0.77% PSSA3 54.20 ▼ 1.70% CVCB3 1.08 ▼ 11.48% POSI3 3.70 ▼ 2.63% SLCE3 13.57 ▲ 0.30% NATU3 8.63 ▲ 0.94% BRKM5 5.94 ▼ 4.04% RANI3 7.99 ▲ 0.50% CSNA3 5.07 ▲ 0.40% CMIN3 5.39 ▲ 1.13% USIM5 8.16 ▼ 0.85% GGBR4 23.62 ▼ 1.75% ENEV3 25.65 ▼ 0.12% CPFE3 46.32 ▼ 1.17% CMIG4 11.02 ▼ 0.90% EQTL3 39.29 ▼ 0.53% LREN3 13.31 ▼ 0.82% VIVT3 35.67 ▲ 0.42% RAIL3 13.57 ▼ 0.95% KLABIN 17.48 ▼ 0.57% RAIA DROGASIL 18.69 ▲ 0.75% RDOR3 35.45 ▼ 0.92% HAPV3 11.55 ▲ 1.49% FLRY3 16.56 ▼ 0.18% SMTO3 15.41 ▼ 0.26% UGPA3 31.70 ▼ 1.15% VBBR3 34.11 ▼ 2.32% BBSE3 41.05 ▼ 0.17% BPAC11 55.84 ▼ 0.61% CURY3 30.19 ▼ 1.57% AERI3 2.07 ▲ 2.48% VIVARA 21.96 ▼ 2.14% COMPASS 24.60 ▼ 1.13% VAMOS 3.09 ▼ 2.52% SANB11 27.01 ▲ 1.35% ASAI3 8.14 ▼ 4.24% SBSP3 28.98 ▼ 0.82% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.37 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▼ 3.13% COPEC 6,345 ▲ 1.53% BSANTANDER 78.90 ▲ 2.47% FALABELLA 5,850 ▲ 0.26% ENELAM 84.67 ▲ 0.75% CENCOSUD 2,005 ▲ 0.50% CMPC 1,088 ▲ 1.68% BANCO CHILE 189.95 ▲ 0.77% LATAM AIR 24.36 ▼ 1.62% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 675.00 ▲ 1.66% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.85 ▼ 0.96% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.77% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.19% TECNOGLASS 46.11 ▼ 0.80% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.10 ▼ 0.65% FEMSA ADR 130.01 ▲ 0.77% CEMEX ADR 12.49 ▼ 3.70% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.10 ▼ 0.63% ITAU ADR 8.32 ▲ 1.46% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 66,514 ▲ 1.97% ETH 1,942 ▲ 1.99% SOL 78.46 ▲ 0.86% XRP 1.14 ▲ 2.60% BNB 577.52 ▲ 1.19% ADA 0.18 ▲ 3.19% DOGE 0.07 ▲ 1.84% AVAX 6.65 ▲ 1.12% LINK 8.70 ▲ 1.38% DOT 0.86 ▲ 4.10% LTC 47.46 ▲ 0.26% BCH 225.25 ▲ 2.43% TRX 0.33 ▲ 0.30% XLM 0.19 ▲ 2.41% HBAR 0.07 ▲ 2.38% NEAR 1.98 ▲ 0.27% ATOM 1.50 ▲ 0.40% AAVE 94.22 ▲ 4.95% SELIC 14.25% EMBRAER 83.29 ▲ 1.88% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 60.79 ▲ 0.98% MBRF3 14.52 ▼ 3.39% MBRFY 2.91 — 0.00% INTER 5.62 ▲ 4.66% EGX 53,990 ▲ 1.63% USD/ZAR16.45▼ 0.50% USD/NGN 1,376 — 0.00% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY162.72▲ 0.13% USD/CNY6.75▼ 0.19% DAX 24,852 ▲ 0.02% CAC 8,330 ▼ 0.12% FTSE 10,533 ▲ 0.07% MIB 52,089 ▲ 0.44% IBEX 19,304 ▲ 0.51% STOXX 639.66 ▲ 0.01% EUR/USD1.14▲ 0.04% GBP/USD1.34▼ 0.42% SPX 7,443 ▼ 0.19% DJI 51,839 ▼ 0.59% NDX 28,604 ▲ 0.04% RUT 2,942 ▼ 0.67% TSX 34,960 ▼ 0.86% VIX 17.92 ▼ 3.91% USD/CAD1.41▲ 0.04% US10Y 4.6080 ▲ 0.22% IBOV 173,371.35 ▼ 0.20% IPSA 10,896.87 ▲ 0.10% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,223,652 — 0.00% COLCAP 2,298.34 — 0.00% BVL PERÚ 55,645.90 — — USD/BRL 5.07 ▼ 1.04% USD/MXN 17.39 ▼ 0.89% USD/CLP 930.30 ▼ 0.39% USD/COP 3,251 ▼ 0.54% USD/PEN 3.39 ▲ 2.30% USD/ARS 1,481 ▲ 3.46% USD/UYU 40.19 ▲ 1.43% USD/PYG 6,031 ▲ 1.52% USD/BOB 10.75 ▲ 2.22% USD/DOP 58.25 ▲ 0.71% USD/CRC 447.35 ▲ 1.43% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▲ 1.58% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.60% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.79 ▼ 1.08% BRENT 90.69 ▲ 1.65% WTI 84.00 ▲ 0.93% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.67% GOLD 4,063 ▲ 1.32% SILVER 59.47 ▲ 4.70% SOY 1,223 ▼ 0.27% CORN 469.75 ▲ 4.51% WHEAT 669.00 ▼ 0.74% COFFEE 326.00 ▼ 2.51% SUGAR 14.83 ▲ 0.07% ORANGE JUICE 145.85 ▼ 1.05% COTTON 79.51 ▲ 2.77% COCOA 5,551 ▲ 0.56% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.15 ▲ 0.61% VALE3 71.93 ▼ 1.38% ITUB4 42.30 ▲ 0.81% BBDC4 18.41 ▲ 0.66% ABEV3 15.79 ▲ 1.02% BBAS3 20.17 ▼ 1.56% B3SA3 15.26 ▲ 0.39% WEGE3 43.13 ▼ 1.15% PRIO3 57.69 ▼ 0.28% SUZB3 41.89 ▼ 0.10% RENT3 37.49 ▼ 1.94% AZZA3 18.17 ▼ 2.26% CSAN3 3.82 ▼ 0.52% RAIZ4 0.27 ▼ 6.90% PCAR3 2.60 — 0.00% GMAT3 3.85 ▼ 0.77% PSSA3 54.20 ▼ 1.70% CVCB3 1.08 ▼ 11.48% POSI3 3.70 ▼ 2.63% SLCE3 13.57 ▲ 0.30% NATU3 8.63 ▲ 0.94% BRKM5 5.94 ▼ 4.04% RANI3 7.99 ▲ 0.50% CSNA3 5.07 ▲ 0.40% CMIN3 5.39 ▲ 1.13% USIM5 8.16 ▼ 0.85% GGBR4 23.62 ▼ 1.75% ENEV3 25.65 ▼ 0.12% CPFE3 46.32 ▼ 1.17% CMIG4 11.02 ▼ 0.90% EQTL3 39.29 ▼ 0.53% LREN3 13.31 ▼ 0.82% VIVT3 35.67 ▲ 0.42% RAIL3 13.57 ▼ 0.95% KLABIN 17.48 ▼ 0.57% RAIA DROGASIL 18.69 ▲ 0.75% RDOR3 35.45 ▼ 0.92% HAPV3 11.55 ▲ 1.49% FLRY3 16.56 ▼ 0.18% SMTO3 15.41 ▼ 0.26% UGPA3 31.70 ▼ 1.15% VBBR3 34.11 ▼ 2.32% BBSE3 41.05 ▼ 0.17% BPAC11 55.84 ▼ 0.61% CURY3 30.19 ▼ 1.57% AERI3 2.07 ▲ 2.48% VIVARA 21.96 ▼ 2.14% COMPASS 24.60 ▼ 1.13% VAMOS 3.09 ▼ 2.52% SANB11 27.01 ▲ 1.35% ASAI3 8.14 ▼ 4.24% SBSP3 28.98 ▼ 0.82% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.37 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▼ 3.13% COPEC 6,345 ▲ 1.53% BSANTANDER 78.90 ▲ 2.47% FALABELLA 5,850 ▲ 0.26% ENELAM 84.67 ▲ 0.75% CENCOSUD 2,005 ▲ 0.50% CMPC 1,088 ▲ 1.68% BANCO CHILE 189.95 ▲ 0.77% LATAM AIR 24.36 ▼ 1.62% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 675.00 ▲ 1.66% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.85 ▼ 0.96% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.77% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.19% TECNOGLASS 46.11 ▼ 0.80% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.10 ▼ 0.65% FEMSA ADR 130.01 ▲ 0.77% CEMEX ADR 12.49 ▼ 3.70% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.10 ▼ 0.63% ITAU ADR 8.32 ▲ 1.46% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 66,514 ▲ 1.97% ETH 1,942 ▲ 1.99% SOL 78.46 ▲ 0.86% XRP 1.14 ▲ 2.60% BNB 577.52 ▲ 1.19% ADA 0.18 ▲ 3.19% DOGE 0.07 ▲ 1.84% AVAX 6.65 ▲ 1.12% LINK 8.70 ▲ 1.38% DOT 0.86 ▲ 4.10% LTC 47.46 ▲ 0.26% BCH 225.25 ▲ 2.43% TRX 0.33 ▲ 0.30% XLM 0.19 ▲ 2.41% HBAR 0.07 ▲ 2.38% NEAR 1.98 ▲ 0.27% ATOM 1.50 ▲ 0.40% AAVE 94.22 ▲ 4.95% SELIC 14.25% EMBRAER 83.29 ▲ 1.88% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 60.79 ▲ 0.98% MBRF3 14.52 ▼ 3.39% MBRFY 2.91 — 0.00% INTER 5.62 ▲ 4.66% EGX 53,990 ▲ 1.63% USD/ZAR 16.44 ▼ 0.31% USD/NGN 1,376 — 0.00% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 162.73 ▲ 0.17% USD/CNY 6.7540 ▼ 0.05% DAX 24,852 ▲ 0.02% CAC 8,330 ▼ 0.12% FTSE 10,533 ▲ 0.07% MIB 52,089 ▲ 0.44% IBEX 19,304 ▲ 0.51% STOXX 639.66 ▲ 0.01% EUR/USD 1.1421 ▲ 0.06% GBP/USD 1.3390 ▼ 0.27% SPX 7,443 ▼ 0.19% DJI 51,839 ▼ 0.59% NDX 28,604 ▲ 0.04% RUT 2,942 ▼ 0.67% TSX 34,960 ▼ 0.86% VIX 17.92 ▼ 3.91% USD/CAD 1.4075 ▼ 0.02% US10Y 4.6080 ▲ 0.22%
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Tuesday, July 21, 2026

Brazil Politics and Society

Brazil Approves Its First Local Rival to Ozempic

By · May 26, 2026 · 4 min read

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BRAZIL · ECONOMY

Key Facts

The approval: Brazil’s health regulator cleared Ozivy, the country’s first home-grown version of the drug behind Ozempic.

The maker: It is produced by EMS, one of Brazil’s largest pharmaceutical companies.

Why now: The move follows the March expiry of the patent on semaglutide, the active ingredient.

The use: Ozivy is approved to treat type-2 diabetes, not formally as a weight-loss drug.

Latin American impact: A step toward cheaper access to a blockbuster medicine in the region’s biggest market.

Brazil Approves Its First Local Rival to Ozempic. (Photo Internet reproduction)
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Brazil’s health regulator has approved the country’s first locally made rival to Ozempic, clearing a semaglutide pen from the drugmaker EMS, after the patent on the active ingredient expired.

What was approved

The regulator registered the medicine, called Ozivy, made by the Brazilian company EMS. It is the first national version of semaglutide, the active ingredient in Ozempic, to win approval for sale in the country.

Ozivy comes as an injectable solution in a prefilled pen, the familiar format of these treatments. The regulator approved it to treat adults with type-2 diabetes that is not well controlled, rather than formally for weight loss.

Technically, it is a synthetic version of a medicine that had only existed in a biologic form in Brazil. Because of that, regulators do not classify it as a simple generic, even though it shares the same active ingredient.

Why the timing matters

The approval was possible because the patent on semaglutide, held by the Danish maker of Ozempic, expired in Brazil in March. That opened the door for local firms to seek registration of their own versions.

EMS was the first to clear the bar, after a technical review of quality, safety and effectiveness. Earlier in the year, the regulator had rejected some applications over gaps in their documentation.

More competition is likely soon. The regulator has said several other versions of semaglutide remain under review, which over time could widen access and pressure prices.

A booming market for Ozempic-style drugs

Demand for semaglutide and similar drugs has surged worldwide, driven by their use for diabetes and weight loss. The treatments have become a major commercial category for the global pharmaceutical industry.

Brazil is one of the largest markets in the region, so a locally produced option carries weight. Cheaper, home-made supply could ease costs for patients and health systems over time.

The boom is also rippling through other industries, from food makers adding protein to products to suppliers of raw materials. How quickly prices fall will depend on how many rivals reach the market and at what cost.

Frequently Asked Questions

What did Brazil approve?

Its health regulator cleared Ozivy, made by EMS, the first locally produced version of semaglutide, the active ingredient in Ozempic. It is approved for type-2 diabetes.

Is it the same as Ozempic?

It uses the same active ingredient, semaglutide, in a prefilled pen. But it is a synthetic version of a medicine that was previously only biologic, so it is not classified as a simple generic.

Why was approval possible now?

The patent on semaglutide expired in Brazil in March, allowing local companies to seek approval for their own versions. EMS was the first to clear the regulator’s review.

Will it make the drug cheaper?

Possibly, over time. More competition tends to pressure prices, and the regulator says several other versions are under review, though the pace and size of any price drop is uncertain.

Can it be used for weight loss?

Ozivy was approved specifically for type-2 diabetes, not formally for weight loss. Decisions about any other use rest with doctors and regulators.

Connected Coverage

The same boom is reshaping other industries, as we report in our coverage of a Brazilian meat giant’s bet on collagen. For more on the country’s economy, see our report on Brazil’s trade performance.

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