Saxenda is a brand name for prescription liraglutide used to induce weight loss. The Liraglutide in Saxenda mimics the effect of glucagon-like peptide, a hormone key in regulating appetite. While it assists in losing weight, Saxenda is not a treatment for type 2 diabetes. Administered daily as a subcutaneous shot, Saxenda comes in easy-to-use 3mL injection pens. If for any reason you miss your daily dose of Saxenda, take it as soon as you remember. *Saxenda is FDA-approved for weight loss and chronic weight management