A new wave of generic GLP-1 medicines could transform South Africa’s fast-growing obesity treatment market. Sun Pharma recently launched the country’s first generic semaglutide injection for type 2 diabetes through its Ranbaxy subsidiary. The South African Health Products Regulatory Authority (SAHPRA) is considering another 13 semaglutide applications. The opportunity is substantial. Morgan Stanley expects the global GLP-1 market to reach…