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Be the first to review this Drug. Human chorionic gonadotropin (HCG) is a natural hormone that doctors prescribe as an injectable drug with the brand names Pregnyl and Novarel, and in a related form called Ovidrel. HCG improves fertility by increasing sperm production in men and encouraging egg release in women.: Human chorionic gonadotropin (HCG) is a hormone that supports the normal development of an egg in a woman's ovary, and stimulates the release of the egg during ovulation. It can be used to cause ovulation and to treat infertility in women, and to increase sperm count in men. It is not indicated for weight loss.