Wall Street Hungry For Weight-Loss Pill As Pharma Giants Rush To Get Rid Of Shots: WSJ
Portfolio Pulse from Benzinga Newsbot
Wall Street is showing interest in weight loss drugs, with the potential for a pill to revolutionize the market. Currently, Novo Nordisk's Ozempic and Wegovy, and Eli Lilly's Mounjaro lead the market, but are expensive and only available as injections. Recent studies by both companies have shown promising results for oral versions of their drugs.
June 26, 2023 | 10:36 am
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Eli Lilly's Mounjaro is a leading weight loss drug, and the development of an oral version could revolutionize the market and potentially increase adoption.
Eli Lilly's Mounjaro is a leading weight loss drug, and the development of an oral version could make it more accessible and affordable, leading to increased adoption and a positive impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Novo Nordisk's Ozempic and Wegovy are leading the weight loss drug market, but oral versions of their drugs could revolutionize the market and potentially increase adoption.
As Novo Nordisk's Ozempic and Wegovy are currently leading the market, the development of oral versions of these drugs could make them more accessible and affordable, leading to increased adoption and a positive impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100