More demand than supply
In 2023, the use of semaglutide for weight loss drove up demand and even caused shortages12. On October 31 that year, the National Directorate of Pharmacy and Drugs (DNFD) at Panama's Ministry of Health (MINSA) warned of a side effect: the shortage "appears to be exploited by criminal organizations to place counterfeit Ozempic on the market"1.
Eight days later the DNFD updated the alert with nine incidents reported to the WHO in eight countries. The imbalance between demand and supply, it said, had "probably favored" the spread of counterfeit product "through different commercial channels, including unauthorized sale over the internet"2. The same notice pointed out that Panama had only two sanitary registrations for Ozempic (110266 and 110267)2.
What the fake pens contained
The most alarming case came from Europe: German-presentation pens that, according to Austria's BASG as cited by MINSA, contained insulin instead of semaglutide and were associated with severe hypoglycemia and seizures in Austria; they had not been bought from authorized pharmacies but directly from an independent physician12. The notice described giveaways such as a needle labeled 31G (the original is 32G) and a dose ring that extends1. The European Medicines Agency (EMA) had reported in October 2023 that the fake pens, with German labels, were found at wholesalers in the European Union and the United Kingdom and carried genuine information from Ozempic packs, including batch numbers11.
In June 2024 the WHO issued Medical Product Alert No. 2/2024: three falsified Ozempic batches found in Brazil (October 2023), the United Kingdom (October 2023) and the United States (December 2023), inside the regulated supply chain3. La Prensa covered the alert along with MINSA's advice not to buy Ozempic from unauthorized outlets such as the internet4. In the United States, the FDA had already reported in December 2023 that it seized thousands of units of counterfeit Ozempic from lot NAR0074, with needles that were also counterfeit and whose sterility could not be confirmed12.
2026: Mounjaro's turn
Tirzepatide followed the same path. In August 2026 MINSA flagged counterfeit Mounjaro, lot D881474 (exp. 04/2027), based on a notice from Brazil's Anvisa and Eli Lilly do Brasil. The fake device carried a serial number that did not match the one registered on the original cartridge5. MINSA said the product is not registered in Panama and gave the 501-0306 line for reports5. Brazil knows the problem well: an analysis by Anvisa and the University of Brasília of GLP-1s in that country documented cases of counterfeit products and concluded that they reveal critical supply-chain vulnerabilities13.
Why is Panama a "vulnerable point"?
In September 2025, launching the campaign "Stop. Not everything that looks like health is", Health Minister Fernando Boyd Galindo said the country "is a vulnerable point for the entry of these illicit products"6. The DNFD had by then issued 56 counterfeit-medicine alerts for the region since 2024 and announced inspections with support from Customs7.
The reason is logistics. Presenting the latest TRACIT Illicit Trade Index report in July 2026, its director general, Jeffrey Hardy, described the Colón Free Zone as "a gateway for the distribution of illicit products throughout the region"; the report warns that criminal networks use it to hide, repackage and re-export goods, medicines included8. Customs director Soraya Valdivieso put medicines on the same list as tobacco, alcohol and fuel9.
The pattern: social media and WhatsApp
The alerts share a thread. In May 2024 the DNFD relayed an alert from Colombia's INVIMA about "semaglutide + vitamin B12" vials presented as compounded preparations, not registered in Panama, and warned that "many of these fraudulent products are sold on websites, social media and WhatsApp chains"10. What arrives through those channels has been tested: when researchers bought semaglutide without a prescription from illegal online pharmacies, the vials they received had a purity of 7.7% to 14.4% vs the 99% on the label and all contained endotoxin, and none of the Ozempic pens they ordered arrived14. Europe's EudraVigilance database gathered 234 safety reports linked to possibly counterfeit semaglutide; hypoglycemia was reported more often than with the genuine product15.
The message repeated in every notice is traceability: a verifiable sanitary registration, a lot number that matches the manufacturer's, and a known distribution chain25. In a market where counterfeits reached even the regulated supply chain of three countries3, it is the debate that comes up most in Panama. The WHO summed it up in its December 2025 guideline on GLP-1s for obesity: global demand "has fueled the spread of falsified and substandard products"16.
Sources
- Ministerio de Salud de Panamá, DNFD. Comunicado 067/23/DNFD: Advertencia sobre la falsificación del medicamento Ozempic (presentación alemana). 31 de octubre de 2023. minsa.gob.pa ↗
- Ministerio de Salud de Panamá, DNFD. Comunicado 076/23/DNFD: Actualización sobre falsificación de Ozempic. 8 de noviembre de 2023. minsa.gob.pa ↗
- World Health Organization. Medical Product Alert N°2/2024: Falsified Ozempic (semaglutide). 19 June 2024. who.int ↗
- Samaniego A. OMS advierte sobre falsificaciones de Ozempic, fármaco para la diabetes y obesidad. La Prensa (Panamá). 22 de junio de 2024. prensa.com ↗
- Samaniego A. Minsa alerta sobre Mounjaro falsificado; este es el lote identificado. La Prensa (Panamá). 23 de agosto de 2026. prensa.com ↗
- Caicedo K. Más de 50 alertas por medicamentos falsificados, ¿cuál es el riesgo en Panamá? La Estrella de Panamá. 8 de septiembre de 2025. laestrella.com.pa ↗
- Telemetro. Minsa refuerza lucha contra medicamentos falsificados y subestándar. 8 de septiembre de 2025. telemetro.com ↗
- Rodríguez M. Zona Libre de Colón: punto crítico de Panamá en el Índice de Comercio Ilícito. La Estrella de Panamá. 9 de julio de 2026. laestrella.com.pa ↗
- Hernández K. Piden mayor control en la Zona Libre de Colón y regular ventas en línea para frenar el comercio ilícito. La Prensa (Panamá). 9 de julio de 2026. prensa.com ↗
- Ministerio de Salud de Panamá, DNFD. Comunicado 050/DNFD-2024: Alerta sobre el producto Semaglutida + Vitamina B12. 2 de mayo de 2024. minsa.gob.pa ↗
- Haigney S. EMA warns about falsified Ozempic pens. PharmTech. 18 October 2023. pharmtech.com ↗
- Jones D. FDA says watch out for fake Ozempic, a diabetes drug used by many for weight loss. NPR (republished by VPM). 23 December 2023. vpm.org ↗
- Hurtado RL, et al. GLP-1 receptor agonists in Brazil: landscape of consumption, safety and regulation. Diabetes Obes Metab. 2026;28(5):4185-4193. PubMed 41796096 ↗
- Ashraf AR, et al. Multifactor quality and safety analysis of semaglutide products sold by online sellers without a prescription: market surveillance, content analysis, and product purchase evaluation study. J Med Internet Res. 2024;26:e65440. PubMed 39509151 ↗
- Zinzi A, et al. Unmasking counterfeit semaglutide: analysis of real-world safety data from EudraVigilance. Front Pharmacol. 2026;17:1805842. PubMed 42137313 ↗
- World Health Organization. WHO issues global guideline on the use of GLP-1 medicines in treating obesity. 1 December 2025. who.int ↗
Informational article. It summarizes news, official statements and published studies; it is not medical or legal advice. Sources were checked on the publication date.