Novo Nordisk and Lilly will continue to lead the obesity market

30 May 2023

Demand for obesity drug therapies is surging. A new generation of medicines with efficacy rivaling bariatric surgery, with only minor tolerability issues, has replaced older drugs weighed down by significant cardiovascular side effects and mediocre efficacy, according to American financial services firm Morningstar

The approval of Novo Nordisk's (NOV: N) GLP-1 agonist Wegovy (semaglutide) in 2021 has led to a surge in demand for the active ingredient in various forms, including the diabetes drug Ozempic.

Eli Lilly's (NYSE: LLY) approved diabetes drug Mounjaro (tirzepatide) is poised to generate even stronger weight loss and to launch into obesity around the end of 2023.

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK