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Semaglutide, the active ingredient in well known injectables like Ozempic and Wegovy, works by mimicking GLP-1, a hormone that helps regulate blood sugar, curb cravings, and promote steady weight loss.

The CEO's thoughts on GLP-1 drugs should ease some investor angst regarding the impact the new medications will have on certain medtech markets.

Contrast this with Indias per capita income of 1.96 lakh/year (~16,300/month), and it becomes evident that a single monthly dose can consume nearly 90% of an average Indian's monthly income