Novo preparing for early launch of weight-loss drug Wegovy in India [Yahoo! Finance]
Eli Lilly and Company (LLY)
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Source: Yahoo! Finance
in India to better compete with rival Eli Lilly in the populous nation, two sources familiar with the plans told Reuters. Novo, which had earlier planned for a 2026 launch of the drug, is now looking to begin selling Wegovy in India "this year, probably in the next few months," sources told Reuters on condition of anonymity as they were not authorized to talk to the media. "Novo's also assessing the stock situation to handle the demand in India. They want to avoid any shortage issues," one of the sources said. The company's accelerated plan follows U.S. rival Eli Lilly's launch of its diabetes and obesity drug Mounjaro in India last month. Reuters reported earlier that Novo's India team had been pushing the global headquarters for an early Wegovy launch. Novo and Lilly have seen skyrocketing global demand for their innovative weight-loss drugs, with investor interest also boosting the drugmakers to among the world's most valuable companies. The competing drugs belong to a
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News
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- Why Eli Lilly (LLY) Stock Is Trading Up Today [Yahoo! Finance]Yahoo! Finance
- Eli Lilly and Company (NYSE:LLY) had its "neutral" rating reaffirmed by analysts at UBS Group AG.MarketBeat
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Earnings
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- 12/16/25 - Form 4
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