ONESOURCEBSEOnesource Specialty Pharma Ltd· Pharmaceuticals & BiotechnologyHighPositive
Announced Mon, 4 May, 2026 · 08:27 IST

OneSource supports Second Generic Semaglutide approval in Canada- Enables commercialisation for the first two entrants in the World''s second largest Semaglutide market.

Regulatory Product ApprovalBusiness Updates View source PDFExplain this filing

ONESOURCE · price

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.0%-1.1% vs market
Pharmaceuticals peers, median of 161sector+0.3%-0.4% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Smallcap 250 and 0.4 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

OneSource Specialty Pharma's partner Orbicular, along with its Canadian front-end partner, received approval from Health Canada for a generic version of Ozempic® (semaglutide injection). This is the second generic semaglutide approval in Canada, making the partners the first generic entrants in this major market. OneSource acted as the manufacturing partner, providing end-to-end manufacturing from its US FDA-approved facility in Bengaluru. Orbicular led the product development and technical program for the complex peptide. The approval follows a recent tentative approval in the United States also supported by OneSource, reinforcing the company's position in complex peptide-based injectable programs. Commercial supply to India has already begun following product launches in March.

Likely market impact

The back-to-back approvals in two major regulated markets (Canada and US) strengthen OneSource's credibility as a global CDMO and highlight its manufacturing capabilities for complex peptide-based injectables, which could drive future partnerships and revenue growth.