As far as I know GLP-1 is a naturally occurring hormone but it's not something you can just give people directly. Instead you give them artificial things like semaglutide that work on the same receptors.
[0] Magic Pill by Johann Hari
Semaglutide is like a 2nd generation GLP-1 and there are 3rd generation ones in development right now
We can't give people GLP-1 itself because it breaks down really fast and you'd have to provide it continuously, so we use ones that effect the body the same way over a long period of time.
Yes you’re right.