IBOV 173,885.34 ▼ 1.52% IPSA 10,935.89 ▲ 0.52% IPC MEX 66,475.94 ▼ 1.23% MERVAL 3,233,105 ▼ 0.71% COLCAP 2,304.68 ▲ 0.15% BVL PERÚ 57,237.60 — — USD/BRL5.12▲ 0.03% USD/MXN17.43▼ 0.05% USD/CLP932.73▲ 0.20% USD/COP3,190▼ 0.67% USD/PEN3.39▼ 0.39% USD/ARS1,495▼ 0.32% USD/UYU40.21▲ 1.46% USD/PYG5,987▲ 0.90% USD/BOB11.70▲ 5.59% USD/DOP58.01▲ 0.02% USD/CRC449.99▲ 1.61% USD/GTQ7.62▲ 2.26% USD/HNL26.76▲ 0.79% USD/NIO36.62▼ 0.15% USD/VES743.77▲ 0.25% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.39▲ 0.47% USD/TTD6.75▲ 1.28% EUR/BRL5.86▲ 0.19% BRENT 91.40 ▲ 0.73% WTI 84.84 ▲ 0.45% IRON ORE 161.91 — — COPPER 6.42 ▲ 2.39% GOLD 4,121 ▲ 2.15% SILVER 57.79 ▼ 0.13% SOY 1,192 ▲ 1.21% CORN 473.00 ▲ 5.35% WHEAT 681.00 ▲ 3.06% COFFEE 314.50 ▼ 3.47% SUGAR 14.48 ▼ 0.14% ORANGE JUICE 137.95 ▲ 0.80% COTTON 80.07 ▲ 2.63% COCOA 5,312 ▲ 2.13% BEEF 224.13 ▼ 1.47% CATTLE 339.05 ▼ 1.17% LITHIUM 66.74 ▼ 0.33% PETR4 42.00 ▲ 1.92% VALE3 75.05 ▼ 0.85% ITUB4 41.82 ▼ 2.43% BBDC4 18.35 ▼ 2.24% ABEV3 15.90 ▼ 1.24% BBAS3 20.78 ▼ 0.24% B3SA3 15.32 ▼ 4.25% WEGE3 45.64 ▼ 2.27% PRIO3 58.41 ▲ 2.89% SUZB3 42.30 ▼ 1.86% RENT3 37.44 ▼ 2.42% AZZA3 16.15 ▼ 5.83% CSAN3 3.89 ▼ 2.75% RAIZ4 0.26 ▼ 3.70% PCAR3 2.81 ▲ 2.55% GMAT3 3.89 ▼ 0.77% PSSA3 53.81 ▼ 2.00% CVCB3 1.28 ▼ 3.03% POSI3 3.55 ▼ 1.39% SLCE3 13.09 ▼ 0.53% NATU3 8.27 ▼ 0.84% BRKM5 5.72 ▼ 4.03% RANI3 7.96 ▼ 2.09% CSNA3 5.20 ▼ 7.80% CMIN3 5.98 ▲ 0.34% USIM5 8.32 ▼ 4.26% GGBR4 24.79 ▼ 1.39% ENEV3 25.87 ▲ 0.08% CPFE3 44.79 ▼ 2.55% CMIG4 11.00 ▼ 1.70% EQTL3 37.82 ▼ 2.60% LREN3 13.36 ▼ 3.88% VIVT3 32.54 ▼ 3.81% RAIL3 13.95 ▼ 0.92% KLABIN 18.02 ▼ 0.11% RAIA DROGASIL 17.76 ▼ 2.42% RDOR3 33.85 ▼ 1.37% HAPV3 10.55 ▼ 0.47% FLRY3 16.83 ▼ 1.35% SMTO3 14.27 ▼ 0.21% UGPA3 32.00 ▼ 1.39% VBBR3 34.60 ▼ 1.51% BBSE3 40.92 ▼ 0.70% BPAC11 54.66 ▼ 2.11% CURY3 28.85 ▼ 4.15% AERI3 2.11 ▲ 0.96% VIVARA 22.35 ▼ 1.15% COMPASS 24.21 ▼ 4.00% VAMOS 3.31 ▼ 0.60% SANB11 25.63 ▼ 7.37% ASAI3 8.30 ▲ 0.73% SBSP3 26.61 ▼ 5.87% WALMEX 49.54 ▲ 1.58% GMEXICO 207.79 ▼ 1.01% FEMSA 211.26 ▼ 5.23% CEMEX 20.51 ▼ 2.10% GFNORTE 197.01 ▼ 1.31% BIMBO 59.96 ▲ 0.10% TELEVISA 9.86 ▲ 0.31% AMX 21.77 ▼ 3.24% GAP 379.85 ▲ 0.56% ASUR 271.97 ▲ 0.29% OMA 233.18 ▼ 0.75% KOF 186.22 ▼ 1.90% GRUMA 267.17 ▼ 0.29% KIMBER 40.50 ▼ 0.39% SQM-B 63,799 ▲ 2.08% COPEC 6,190 ▼ 1.75% BSANTANDER 80.24 ▲ 1.42% FALABELLA 6,216 ▲ 1.88% ENELAM 86.69 ▲ 1.04% CENCOSUD 1,919 ▲ 1.00% CMPC 1,035 ▲ 0.01% BANCO CHILE 191.00 ▲ 1.00% LATAM AIR 24.40 ▼ 2.40% YPF 79,600 ▲ 0.09% GGAL 7,795 ▼ 0.76% PAMPA 5,380 ▼ 1.28% TXAR 658.00 ▼ 1.64% ALUAR 976.00 ▼ 1.21% TGS 9,490 ▲ 0.26% CEPU 2,294 ▼ 1.76% MIRGOR 16,600 ▲ 0.45% COME 42.55 ▲ 0.07% LOMA NEGRA 3,648 ▲ 0.07% BYMA 298.00 ▼ 0.75% TELECOM ARG 4,305 ▼ 0.69% ECOPETROL 16.40 ▲ 3.60% BANCOLOMBIA 89.47 ▲ 0.45% GRUPO AVAL 4.90 ▲ 0.41% CREDICORP 383.93 ▼ 1.29% SOUTHERN COPPER 175.47 ▼ 1.95% BUENAVENTURA 30.21 ▼ 0.56% MERCADOLIBRE 1,863 ▲ 0.04% NUBANK 14.04 ▼ 4.36% XP 16.31 ▼ 2.92% PAGSEGURO 9.54 ▼ 0.73% STONE 10.96 ▼ 1.79% GLOBANT 38.15 ▲ 8.66% TECNOGLASS 44.88 ▼ 4.96% GAP AIRPORT 216.97 ▼ 0.24% ASUR 271.97 ▲ 0.29% OMA AIRPORT 106.38 ▼ 1.75% AMX ADR 24.87 ▼ 3.27% FEMSA ADR 121.06 ▼ 5.22% CEMEX ADR 11.70 ▼ 2.50% PETROBRAS ADR 18.59 ▲ 2.88% VALE ADR 14.65 ▼ 0.34% ITAU ADR 8.15 ▼ 1.93% SANTANDER BR 5.10 ▼ 6.93% AMBEV ADR 3.10 ▼ 0.96% CSN 1.03 ▼ 6.36% GERDAU 4.86 ▼ 1.82% LATAM ADR 52.05 ▼ 2.76% BTC 64,212 ▲ 0.48% ETH 1,913 ▲ 0.21% SOL 73.71 ▲ 0.15% XRP 1.08 ▲ 0.39% BNB 578.02 ▲ 1.16% ADA 0.16 ▲ 1.23% DOGE 0.07 ▼ 0.13% AVAX 6.43 ▲ 0.14% LINK 8.32 ▲ 0.01% DOT 0.77 ▲ 0.70% LTC 45.31 ▼ 0.22% BCH 209.91 ▼ 0.58% TRX 0.33 ▲ 0.66% XLM 0.17 ▲ 0.36% HBAR 0.07 ▼ 0.17% NEAR 1.62 ▲ 0.19% ATOM 1.28 ▲ 0.30% AAVE 97.75 ▲ 1.77% SELIC 14.25% EMBRAER 86.09 ▼ 3.12% EMBRAER ADR 67.66 ▼ 2.07% JBS 14.23 ▲ 2.15% JBS BDR 72.38 ▲ 2.56% MBRF3 16.66 ▲ 2.21% MBRFY 3.18 ▲ 0.95% INTER 5.41 ▼ 3.22% EGX 53,070 ▼ 1.04% USD/ZAR16.63▼ 0.11% USD/NGN 1,363 — 0.00% NIKKEI 61,867 ▲ 0.71% CSI300 4,550 ▼ 1.10% HSI 25,859 ▲ 0.20% NIFTY 24,233 ▼ 0.07% KOSPI 5,594 ▼ 1.23% JCI 6,167 ▲ 1.24% USD/JPY163.65▲ 0.15% USD/CNY6.76▼ 0.15% DAX 25,434 ▼ 0.11% CAC 8,468 ▲ 0.71% FTSE 10,947 ▲ 0.36% MIB 51,454 ▲ 0.02% IBEX 19,588 ▲ 0.90% STOXX 647.59 ▲ 0.40% EUR/USD1.15▼ 0.13% GBP/USD1.34▲ 0.53% SPX 7,316 ▼ 1.52% DJI 51,594 ▼ 2.19% NDX 27,192 ▼ 2.06% RUT 2,906 ▼ 1.61% TSX 35,334 ▼ 1.16% VIX 19.69 ▼ 4.70% USD/CAD1.41▲ 0.06% US10Y 4.6220 ▲ 0.39% IBOV 173,885.34 ▼ 1.52% IPSA 10,935.89 ▲ 0.52% IPC MEX 66,475.94 ▼ 1.23% MERVAL 3,233,105 ▼ 0.71% COLCAP 2,304.68 ▲ 0.15% BVL PERÚ 57,237.60 — — USD/BRL 5.12 ▲ 0.03% USD/MXN 17.43 ▼ 0.05% USD/CLP 932.73 ▲ 0.20% USD/COP 3,190 ▼ 0.67% USD/PEN 3.39 ▼ 0.35% USD/ARS 1,495 ▼ 0.03% USD/UYU 40.21 ▲ 1.45% USD/PYG 5,987 ▲ 1.47% USD/BOB 11.70 ▲ 4.30% USD/DOP 58.01 ▲ 0.19% USD/CRC 449.99 ▲ 1.67% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.76 ▲ 0.30% USD/NIO 36.62 ▼ 0.15% USD/VES 743.77 ▲ 0.25% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.39 ▲ 0.40% USD/TTD 6.75 ▲ 1.16% EUR/BRL 5.86 ▲ 0.19% BRENT 91.40 ▲ 0.73% WTI 84.84 ▲ 0.45% IRON ORE 161.91 — — COPPER 6.42 ▲ 2.39% GOLD 4,121 ▲ 2.15% SILVER 57.79 ▼ 0.13% SOY 1,192 ▲ 1.21% CORN 473.00 ▲ 5.35% WHEAT 681.00 ▲ 3.06% COFFEE 314.50 ▼ 3.47% SUGAR 14.48 ▼ 0.14% ORANGE JUICE 137.95 ▲ 0.80% COTTON 80.07 ▲ 2.63% COCOA 5,312 ▲ 2.13% BEEF 224.13 ▼ 1.47% CATTLE 339.05 ▼ 1.17% LITHIUM 66.74 ▼ 0.33% PETR4 42.00 ▲ 1.92% VALE3 75.05 ▼ 0.85% ITUB4 41.82 ▼ 2.43% BBDC4 18.35 ▼ 2.24% ABEV3 15.90 ▼ 1.24% BBAS3 20.78 ▼ 0.24% B3SA3 15.32 ▼ 4.25% WEGE3 45.64 ▼ 2.27% PRIO3 58.41 ▲ 2.89% SUZB3 42.30 ▼ 1.86% RENT3 37.44 ▼ 2.42% AZZA3 16.15 ▼ 5.83% CSAN3 3.89 ▼ 2.75% RAIZ4 0.26 ▼ 3.70% PCAR3 2.81 ▲ 2.55% GMAT3 3.89 ▼ 0.77% PSSA3 53.81 ▼ 2.00% CVCB3 1.28 ▼ 3.03% POSI3 3.55 ▼ 1.39% SLCE3 13.09 ▼ 0.53% NATU3 8.27 ▼ 0.84% BRKM5 5.72 ▼ 4.03% RANI3 7.96 ▼ 2.09% CSNA3 5.20 ▼ 7.80% CMIN3 5.98 ▲ 0.34% USIM5 8.32 ▼ 4.26% GGBR4 24.79 ▼ 1.39% ENEV3 25.87 ▲ 0.08% CPFE3 44.79 ▼ 2.55% CMIG4 11.00 ▼ 1.70% EQTL3 37.82 ▼ 2.60% LREN3 13.36 ▼ 3.88% VIVT3 32.54 ▼ 3.81% RAIL3 13.95 ▼ 0.92% KLABIN 18.02 ▼ 0.11% RAIA DROGASIL 17.76 ▼ 2.42% RDOR3 33.85 ▼ 1.37% HAPV3 10.55 ▼ 0.47% FLRY3 16.83 ▼ 1.35% SMTO3 14.27 ▼ 0.21% UGPA3 32.00 ▼ 1.39% VBBR3 34.60 ▼ 1.51% BBSE3 40.92 ▼ 0.70% BPAC11 54.66 ▼ 2.11% CURY3 28.85 ▼ 4.15% AERI3 2.11 ▲ 0.96% VIVARA 22.35 ▼ 1.15% COMPASS 24.21 ▼ 4.00% VAMOS 3.31 ▼ 0.60% SANB11 25.63 ▼ 7.37% ASAI3 8.30 ▲ 0.73% SBSP3 26.61 ▼ 5.87% WALMEX 49.54 ▲ 1.58% GMEXICO 207.79 ▼ 1.01% FEMSA 211.26 ▼ 5.23% CEMEX 20.51 ▼ 2.10% GFNORTE 197.01 ▼ 1.31% BIMBO 59.96 ▲ 0.10% TELEVISA 9.86 ▲ 0.31% AMX 21.77 ▼ 3.24% GAP 379.85 ▲ 0.56% ASUR 271.97 ▲ 0.29% OMA 233.18 ▼ 0.75% KOF 186.22 ▼ 1.90% GRUMA 267.17 ▼ 0.29% KIMBER 40.50 ▼ 0.39% SQM-B 63,799 ▲ 2.08% COPEC 6,190 ▼ 1.75% BSANTANDER 80.24 ▲ 1.42% FALABELLA 6,216 ▲ 1.88% ENELAM 86.69 ▲ 1.04% CENCOSUD 1,919 ▲ 1.00% CMPC 1,035 ▲ 0.01% BANCO CHILE 191.00 ▲ 1.00% LATAM AIR 24.40 ▼ 2.40% YPF 79,600 ▲ 0.09% GGAL 7,795 ▼ 0.76% PAMPA 5,380 ▼ 1.28% TXAR 658.00 ▼ 1.64% ALUAR 976.00 ▼ 1.21% TGS 9,490 ▲ 0.26% CEPU 2,294 ▼ 1.76% MIRGOR 16,600 ▲ 0.45% COME 42.55 ▲ 0.07% LOMA NEGRA 3,648 ▲ 0.07% BYMA 298.00 ▼ 0.75% TELECOM ARG 4,305 ▼ 0.69% ECOPETROL 16.40 ▲ 3.60% BANCOLOMBIA 89.47 ▲ 0.45% GRUPO AVAL 4.90 ▲ 0.41% CREDICORP 383.93 ▼ 1.29% SOUTHERN COPPER 175.47 ▼ 1.95% BUENAVENTURA 30.21 ▼ 0.56% MERCADOLIBRE 1,863 ▲ 0.04% NUBANK 14.04 ▼ 4.36% XP 16.31 ▼ 2.92% PAGSEGURO 9.54 ▼ 0.73% STONE 10.96 ▼ 1.79% GLOBANT 38.15 ▲ 8.66% TECNOGLASS 44.88 ▼ 4.96% GAP AIRPORT 216.97 ▼ 0.24% ASUR 271.97 ▲ 0.29% OMA AIRPORT 106.38 ▼ 1.75% AMX ADR 24.87 ▼ 3.27% FEMSA ADR 121.06 ▼ 5.22% CEMEX ADR 11.70 ▼ 2.50% PETROBRAS ADR 18.59 ▲ 2.88% VALE ADR 14.65 ▼ 0.34% ITAU ADR 8.15 ▼ 1.93% SANTANDER BR 5.10 ▼ 6.93% AMBEV ADR 3.10 ▼ 0.96% CSN 1.03 ▼ 6.36% GERDAU 4.86 ▼ 1.82% LATAM ADR 52.05 ▼ 2.76% BTC 64,212 ▲ 0.48% ETH 1,913 ▲ 0.21% SOL 73.71 ▲ 0.15% XRP 1.08 ▲ 0.39% BNB 578.02 ▲ 1.16% ADA 0.16 ▲ 1.23% DOGE 0.07 ▼ 0.13% AVAX 6.43 ▲ 0.14% LINK 8.32 ▲ 0.01% DOT 0.77 ▲ 0.70% LTC 45.31 ▼ 0.22% BCH 209.91 ▼ 0.58% TRX 0.33 ▲ 0.66% XLM 0.17 ▲ 0.36% HBAR 0.07 ▼ 0.17% NEAR 1.62 ▲ 0.19% ATOM 1.28 ▲ 0.30% AAVE 97.75 ▲ 1.77% SELIC 14.25% EMBRAER 86.09 ▼ 3.12% EMBRAER ADR 67.66 ▼ 2.07% JBS 14.23 ▲ 2.15% JBS BDR 72.38 ▲ 2.56% MBRF3 16.66 ▲ 2.21% MBRFY 3.18 ▲ 0.95% INTER 5.41 ▼ 3.22% EGX 53,070 ▼ 1.04% USD/ZAR 16.63 ▼ 0.23% USD/NGN 1,363 — 0.00% NIKKEI 61,867 ▲ 0.71% CSI300 4,550 ▼ 1.10% HSI 25,859 ▲ 0.20% NIFTY 24,233 ▼ 0.07% KOSPI 5,594 ▼ 1.23% JCI 6,167 ▲ 1.24% USD/JPY 163.65 ▲ 0.17% USD/CNY 6.7562 ▲ 0.03% DAX 25,434 ▼ 0.11% CAC 8,468 ▲ 0.71% FTSE 10,947 ▲ 0.36% MIB 51,454 ▲ 0.02% IBEX 19,588 ▲ 0.90% STOXX 647.59 ▲ 0.40% EUR/USD 1.1452 ▼ 0.11% GBP/USD 1.3355 ▼ 0.07% SPX 7,316 ▼ 1.52% DJI 51,594 ▼ 2.19% NDX 27,192 ▼ 2.06% RUT 2,906 ▼ 1.61% TSX 35,334 ▼ 1.16% VIX 19.69 ▼ 4.70% USD/CAD 1.4057 ▲ 0.12% US10Y 4.6220 ▲ 0.39%
since 2009
Thursday, July 30, 2026

Brazil Business

Brazil Semaglutide Race Opens as Anvisa Clears Five Pens

By · July 30, 2026 · 4 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Brazil · Business

Key Facts

Patent expiry Novo Nordisk’s semaglutide patent expired in March 2026, ending exclusivity for Ozempic and Wegovy in Brazil.

New registrations Anvisa registered five new semaglutide pens on July 29, 2026: Semavy, Owozy, Seemasun, Zempneo, and Orsema, joining EMS’s earlier Ozivy.

Regulatory classification Under Brazilian law these are new synthetic semaglutide analogs, not technically generics, though they will compete on price.

First to market Hypera Pharma’s Semavy, made with India’s Sun Pharma, is expected to be the first new pen to reach pharmacy shelves, in roughly two months.

Pricing estimates Market sources expect new pens to launch at roughly R$500-R$600 (~US$98-US$118), around 30% below current Ozempic prices.

Brazil semaglutide generics competition has intensified sharply after the country’s health regulator Anvisa registered five new synthetic semaglutide pens on July 29, 2026, ending Danish pharmaceutical giant Novo Nordisk’s years-long monopoly on blockbuster diabetes and obesity treatments Ozempic and Wegovy.

Brazil Semaglutide Race Opens as Anvisa Clears Five Pens
A semaglutide injector pen. (Photo internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

The Patent Cliff and What It Unlocks

Novo Nordisk’s Brazilian semaglutide patent expired in March 2026, opening the door for domestic and international drugmakers to launch rival products. The originator’s two brands had dominated the market completely, with Ozempic retailing between R$825 and just over R$1,000 (~US$162-US$196) depending on dosage, and the higher-dose obesity treatment Wegovy reaching around R$2,500 (~US$490) for the 2.4 mg presentation.

Six New Semaglutide Pens Now Registered

Anvisa registered five new semaglutide pens on July 29, 2026: Semavy from Hypera Pharma, Owozy from Avita Care in partnership with Sandoz and Europe’s Adalvo, Seemasun from Sun Farmaceutica, Zempneo from Brainfarma, and Orsema from Ranbaxy. These join EMS’s Ozivy, which was registered earlier, immediately after the patent expiry, bringing the total to six new semaglutide products in Brazil since exclusivity ended.

Hypera’s Semavy Expected First to Pharmacies

Hypera Pharma’s Semavy, developed via its Mantecorp brand and manufactured with India’s Sun Pharma, is expected to be the first of the newly registered pens to reach pharmacy shelves, in roughly two months. The product will enter a market where Ozivy, from Brazilian pharmaceutical company EMS, was the first synthetic analog to secure Anvisa registration, published on May 26, 2026.

What This Means for Patients

The arrival of competition should significantly reduce out-of-pocket costs for Brazil’s large population of semaglutide users. The drug is prescribed for both type 2 diabetes management and obesity treatment, with Anvisa having approved the obesity indication in January 2023. That dual-use profile has driven explosive demand growth, making affordability a pressing public health issue.

Investor Implications and Market Dynamics

For investors tracking Latin American healthcare, the Brazilian semaglutide opening mirrors similar post-patent races seen in other major pharmaceutical markets. Domestic champions like EMS and Hypera Pharma stand to gain significant market share, while Sandoz’s entry via Owozy signals international interest in capturing a slice of Brazil’s growing GLP-1 receptor agonist market.

Regulatory Landscape and Next Steps

Anvisa has demonstrated clear intent to accelerate competition, prioritizing semaglutide applications amid strong market interest. The agency also recently mandated prescription retention requirements for dispensing semaglutide, liraglutide, dulaglutide, exenatide, tirzepatide, and lixisenatide, tightening controls on GLP-1 medications amid concerns about off-label cosmetic use.

Frequently Asked Questions

Are the new semaglutide products in Brazil true generics?

No. Under Brazilian law these are not technically generics because semaglutide is a complex molecule. Anvisa classifies them as new medicines using synthetic versions of the semaglutide molecule, though they will compete like generics on price.

How much cheaper will the new semaglutide pens be?

Market estimates suggest launch prices around R$500-R$600 (~US$98-US$118), roughly 30 percent below current Ozempic prices of R$825-R$1,000 (~US$162-US$196). Official CMED maximum prices had not been published at the time of reporting.

Which new semaglutide pen will reach pharmacies first?

Hypera Pharma’s Semavy, developed via its Mantecorp brand and manufactured with India’s Sun Pharma, is expected to be the first of the newly registered pens to reach pharmacy shelves, in roughly two months. EMS’s Ozivy was registered earlier and may already be available.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.