Roche poised to make waves in growing obesity market
Industry analyst GlobalData has presented research into the growing market for GLP-1 therapies, noting the significance of Roche’s (ROG: SIX) recent acquisition in this area.
At the end of 2023, the company paid $2.7 billion to buy Carmot Therapeutics, a privately owned US company based in Berkeley, California.
As market leaders Novo Nordisk (NOV: N) and Eli Lilly (NYSE: LLY) break new ground in the treatment of obesity with innovative products expected to be worth tens of billions of dollars, there is strengthening interest in this therapeutic modality from a wide range of companies.
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