How expanded use of GLP-1s could affect long-term outlooks for Eli Lilly and Novo Nordisk

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Novo Nordisk News

Eli Lilly,Diabetes Drugs,Weight Loss

The latest GLP-1 drugs are starting to see proof of greater use beyond diabetes and obesity. How will it affect makers Novo Nordisk and Eli Lilly?

Just a few short years after coming to market, the latest GLP-1 drugs are showing versatility in battling diseases related to diabetes and obesity, lifting the fortunes and expectations for market leaders Novo Nordisk Other factors will also increase demand and exacerbate the shortages, further limiting access to the drugs. In March, Novo's Wegovy was approved by the FDA for those with cardiovascular disease and risk of heart attack and death.

With more opportunity down the pike, that could fulfill analyst predictions of a $100-billion-plus market for the GLP-1 category. It will all add up to a very expensive future, he said. One that the federal government is trying to fight.

Eli Lilly Diabetes Drugs Weight Loss David Ricks David Risinger

 

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