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Weight-Loss Drug Market Heats Up as Prices Drop and New Treatments Emerge

Novo Nordisk and Eli Lilly face new competition from Amgen's monthly injectable, shaking up the obesity treatment landscape.

  • Novo Nordisk increases Wegovy's U.S. patient base with price cuts amid rising competition from Eli Lilly and emerging contenders.
  • Amgen's stock surges on promising early results for MariTide, a monthly GLP-1 weight-loss injection, setting the stage for a market shift.
  • Eli Lilly and Novo Nordisk report supply constraints and price reductions for popular weight-loss drugs as demand continues to rise.
  • Federal Trade Commission scrutinizes Novo Nordisk's pricing strategies, potentially paving the way for generic versions of Ozempic and Wegovy.
  • Investors react to the evolving market dynamics, with significant stock fluctuations for major pharmaceutical companies.
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