Victoza is the brand name for liraglutide when it is prescribed for type 2 diabetes. It is a GLP-1 receptor agonist made by Novo Nordisk and is given as a once-daily subcutaneous injection (Victoza prescribing information (external link)).
The same medication is sold as Saxenda at higher doses for chronic weight management. As of September 2026 there are US generics of both. Generic liraglutide first went on sale in June 2024, when Teva launched an authorized generic of Victoza, meaning Novo Nordisk's product sold without the brand name (Teva (external link)). The FDA approved the first generic referencing Victoza, made by Hikma, on December 23, 2024 (FDA (external link)), and Hikma launched it that month (Hikma (external link)). Teva's generic of Saxenda followed in August 2025 (Teva (external link)).