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EquityWireAbbott India to distribute Novo Nordisk's semaglutide drug brand in India

Abbott India to distribute Novo Nordisk's semaglutide drug brand in India

This story was originally published at 16:25 IST on 27 February 2026
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Informist, Friday, Feb. 27, 2026

 

--Abbott India, Novo Nordisk partner to commercialise Extensior semaglutide 

 

MUMBAI – Abbott India Ltd. will distribute Novo Nordisk's semaglutide drug brand Extensior, which is a second brand of Ozempic, the company said in an exchange filing Friday. The drug is used to treat type 2 diabetes and also helps with weight loss and reduce risk of heart disease. 

 

"This partnership leverages Novo Nordisk's scientific leadership in GLP-1s and Abbott's strong distribution network to expand access in India to a high-quality, evidence-based diabetes therapy, beyond regions Novo Nordisk currently serves," the company said.

 

For the quarter ended December, Abbott India reported a net profit of INR 3.76 billion on a revenue of INR 17.24 billion. Friday, its shares closed at INR 26,530 on the National Stock Exchange, down 0.7% from Thursday.  End

 

Reported by Anshul Choudhary

Edited by Saji George Titus

 

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