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China has also pushed the semaglutide weight management drug market toward lower pricing and heavier pipeline activity, while Japan remains more controlled because Novo Nordisks July 2025 Wegovy MD launch operates inside strict NHI reimbursement criteria that limit volume but support pricing stability

The fact that Eli Lilly has announced a significantly lower list price for Zepbound than Wegovy signals that they are not seeking to quietly avoid price competition, he added