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Fortune
Fortune
Lionel Lim

Novo Nordisk’s Wegovy may just have two years to take over China’s market for weight loss drugs

(Credit: CFOTO/Future Publishing via Getty Images)

China is now one step closer to joining the boom in weight-loss drugs.

The country's health officials approved the popular weight loss drug Wegovy, its manufacturer Novo Nordisk said on Tuesday. The Danish company can market the jab, administered weekly, to those who are overweight or obese, according to a WeChat statement. The statement did not reveal the date of the launch or details on pricing.

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