Is Ozempic a Safe Weight Loss Drug? Ever since celebrities started swearing about its effects, Ozempic has been popularized as a magic weight loss pill, helping you lose unwanted fat in a matter of days. However, the Novo Nordisk medication isn’t a novelty, and its role in managing type 2 diabetes has been known and approved since 2017. What is the science saying about it and can it really help lose unwanted weight in a safe and efficient way? Here’s what we know.