Are you interested in Ozempic for Weight Loss? Ozempic is a drug primarily used to treat type 2 diabetes, but some people have also reported losing weight while taking it. Semaglutide, the drug’s active component, is a member of the group of medications known as GLP-1 receptor agonists. These medications function by simulating the effects of the hormone glucagon-like peptide-1 (GLP-1), which helps control hunger and blood sugar levels.