Yes and no. Some peptides are approved for specific uses by the FDA. An example of a peptide approved for treatment of diabetes is Ozempic. It also can lead to weight loss but is not approved by the FDA for this indication. The peptide generic name is semaglutide and this is manufactured using peptide synthesizers and dispensed through compounding pharmacies. Generic semaglutide, although not approved by the FDA is less expensive and can currently be prescribed by licensed physicians for treatment of pre-diabetes and the overweight / obese patient.