{
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Novo Nordisk's weight loss drugs drive soaring demand and market shortages

Novo Nordisk's Ozempic and Wegovy have transformed from diabetes treatments to weight-loss phenomena, driving the company's revenue to unprecedented heights, with a projected DKK 232 billion in 2023. However, soaring demand has led to shortages, impacting diabetes patients and prompting the company to halt insulin pen distribution in some regions. As Novo Nordisk prepares to launch CagriSema, the global obesity market is expected to reach $37.06 billion by 2031, with GLP-1 receptor agonists dominating.
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Danish Krone United States Dollar Euro Novartis AG Novo Nordisk A/S Pfizer Inc. Eli Lilly and Company Chiesi Farmaceutici S.p.A. USA ITA ZAF DNK Elon Musk Joe Biden Andy Cohen Show more
Healthcare, Market Report
15:00 10.11.2024
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