U.S. says two Indian nationals indicted in counterfeit Ozempic smuggling scheme

Between July 2023 and April 2024, Swapnadip Roy and Vicky Ramancha allegedly obtained counterfeit Ozempic in China and sold it to U.S. distributors at discounted prices, Justice Department said

A U.S. federal grand jury has indicted two Indian nationals for ​allegedly smuggling and selling counterfeit ⁠Ozempic, the weight-loss drug, the Department of Justice said on Tuesday (September 29, 2026). One of the defendants, ‌Swapnadip Roy, pleaded not guilty after being extradited from Italy ‌, while the other, Vicky Ramancha, ‌remains ⁠at large, the department said.

Between ⁠July 2023 and April 2024, Mr. Roy and Mr. Ramancha allegedly obtained counterfeit Ozempic in China ​and sold it ‌to U.S. distributors at discounted prices, it said.

A legal representative for Mr. Roy did not immediately respond to ‌a request for comment. One ​for Mr. Ramancha was not immediately available.

The counterfeit medication included packaging, ⁠inserts, and labels allegedly meant to convince purchasers that they were receiving authentic ‌Ozempic, the popular weight-loss drug that can cost hundreds of dollars per month for patients. “The scheme continued even after the FDA seized some of the counterfeit Ozempic in ‌December 2023 and issued a public ​warning regarding the products,” the Justice Department said.

Mr. Roy and Mr. Ramancha ⁠were charged with smuggling and selling counterfeit drugs, conspiracy to commit smuggling and to defraud the United States. ‌They face up to 71 years in prison if convicted.

  • Related Posts

    Mankind Pharma shares jump 8% as Q2 profit rises 38% to Rs 716 crore

    Mankind Pharma shares jumped nearly 8% on Tuesday to an intraday high of Rs 2,500 on the NSE after the company reported a 38% year-on-year rise in Q2 profit after…

    GLP-1 injections recalled across the US over sterility concerns

    A nationwide recall of compounded tirzepatide injections in the United States has raised fresh concerns about the safety of weight-loss medicines. The recall, initiated by Apothecary Pharma LLC over concerns…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Mankind Pharma shares jump 8% as Q2 profit rises 38% to Rs 716 crore

    Mankind Pharma shares jump 8% as Q2 profit rises 38% to Rs 716 crore

    GLP-1 injections recalled across the US over sterility concerns

    GLP-1 injections recalled across the US over sterility concerns

    Govt allows third-party agencies to conduct departmental inspections

    Govt allows third-party agencies to conduct departmental inspections

    Fridge-free vaccines could reach more people, but there are still practical challenges in African settings

    Fridge-free vaccines could reach more people, but there are still practical challenges in African settings

    Low Bone Density in Nearly 7 in 10 Patients Pointing to High Risk of Osteoporosis

    Low Bone Density in Nearly 7 in 10 Patients Pointing to High Risk of Osteoporosis

    Hat Trick of PhDs in Health: Three Cheers for the Rare Researcher

    Hat Trick of PhDs in Health: Three Cheers for the Rare Researcher