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.