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Mounjaro vs Wegovy in Australia 2026: TGA Indications, PBS Rules & How They Differ

Mounjaro (tirzepatide) and Wegovy (semaglutide 2.4mg) in Australia compared on TGA indication, PBS subsidy rules, mechanism, dose schedule and what to ask a prescriber. Service-level information only, no medicine prices. Not an advertisement and not medical advice.

TreatCompare Editorial Team · Healthcare Price Research

10-second answer

  • Wegovy is often lower-cost at maintenance dose.
  • Mounjaro showed greater average weight loss in trials, but individual response varies.
  • Discuss dose, tolerance and total monthly cost with a qualified prescriber.
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Healthcare data note

Sources, review and limits

Updated May 2026

Main sources

  • TGA medicine information
  • PBS listing status
  • Published Australian provider prices
  • TreatCompare AU weight-loss dataset

Methodology: We compare private monthly costs, dose route, PBS status and provider checks. This page is cost comparison, not personal prescribing advice.

Ask about methodologyMethodology, source summaries and structured extracts: [email protected]

Important context

Healthcare prices can change without notice and may exclude consultation fees, medication, diagnostics, anaesthetic, facility fees, follow-up care or add-ons. TreatCompare summarises published or compiled pricing for comparison and planning only. Always verify the current total directly before paying.

Source type
TreatCompare compiled research
Primary source
Provider-published information and TreatCompare research
Reporting period
2026-05-12
Last updated
2026-05-12
Figure type
Mixed sources
Use
Research and comparison only

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How this guide was checked

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Important information for Australian consumers. Tirzepatide (Mounjaro) and semaglutide 2.4mg (Wegovy) are prescription-only (Schedule 4) medicines in Australia. Australian regulations restrict the advertising of prescription medicines to consumers, so this article is general patient information about both medicines and does not display their prices or compare them on price. Suitability is a clinical decision for an AHPRA-registered prescriber following an assessment.

What this article covers

This article is a short patient-information landing comparing two TGA-approved weight-management medicines at the level of how they are regulated, dosed and prescribed in Australia — not on price.

For the full per-medicine patient information, see:

Both medicines in summary

Tirzepatide (Mounjaro)Semaglutide 2.4mg (Wegovy)
ClassDual GIP/GLP-1 receptor agonistGLP-1 receptor agonist
Dosing rhythmWeekly subcutaneous injectionWeekly subcutaneous injection
Dose escalationStepwise escalation under prescriber supervisionStepwise escalation under prescriber supervision
TGA indicationWeight management (Australian Register of Therapeutic Goods)Weight management (Australian Register of Therapeutic Goods)
PBS status (weight management)Not currently PBS-subsidisedNot currently PBS-subsidised
Prescriber requirementAHPRA-registered prescriber after clinical assessmentAHPRA-registered prescriber after clinical assessment

What to discuss with an AHPRA-registered prescriber

  • Whether either medicine is clinically appropriate given your circumstances and other medicines.
  • The dose-escalation schedule and expected treatment duration.
  • Monitoring requirements during treatment.
  • Side effects, contraindications and interactions.
  • What happens if you need to stop, and what alternatives exist.
  • Service-level costs: consultation, prescription, dispensing, follow-up and (where the service uses a programme model) the programme fee.

What we do not do

We do not list prices for either medicine, do not pair a brand name with a monthly cost, do not list provider × medicine × price tables, and do not recommend a buying pathway. The medicines are priced by the dispensing pharmacy and are clinical-supply matters, not consumer-comparison products.

If you have spotted an error

Please tell us via the corrections route.

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Frequently asked questions

What are tirzepatide and semaglutide 2.4mg?

Tirzepatide and semaglutide 2.4mg are prescription-only (Schedule 4) medicines in Australia, TGA-approved for weight management in adults who meet the clinical criteria set out in their Australian Register of Therapeutic Goods entries. They are supplied under the brand names Mounjaro and Wegovy respectively. A separate semaglutide product (Ozempic) is TGA-approved for type 2 diabetes only.

How do I choose between the two?

The choice is a clinical decision for an AHPRA-registered prescriber after a clinical assessment. Relevant factors include the TGA-approved indication, the dose-escalation schedule, side-effect profile, contraindications, interactions with your other medicines, monitoring requirements, and (for some patients) tolerance of a particular dosing rhythm.

Are either medicine PBS-subsidised for weight management?

Neither is currently PBS-subsidised for weight management in Australia. PBS schedules change; check pbs.gov.au for the current position.

Why does this page not compare them on price?

Australian regulations restrict the advertising of prescription medicines to consumers. Pairing a brand name and price in a consumer context — including a side-by-side price comparison between two medicines — is treated as advertising under the TGA Therapeutic Goods Advertising Code. We do not do that.

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