6 Top Weight Loss Stocks To Buy Now [Forbes]
Novo Nordisk A/S (NVO)
Last novo nordisk a/s earnings: 2/5 01:31 am
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Source: Forbes
Three years later, the weight loss industry is thriving with no signs of slowing down. Investors who aren't already funding the mission to fight obesity still have time to benefit. Here, I explore the industry and six companies operating at the center of the mania. These are the pharma stocks that develop and make those in-demand weight loss drugs. Understanding The Weight Loss Industry Today A from IQVIA Institute estimates 2022 consumer spending on weight loss was nearly $2.1 billion, up from $0.5 billion in 2018. The increase has largely been driven by the growing use of GLP-1 receptor agonists, a class of drugs that suppresses the appetite. Ozempic and Wegovy, made by Novo Nordisk (NVO), are in this class. The IQVIA Institute also predicts that obesity spending could rise to $10 billion or more by 2027. This spending should be offset by lower health care costs for conditions related to obesity. That's significant because it encourages health insurance providers to support th
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NVO
News
- Fixing the Broken Rung: Better approaches to promotion and talent development [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Pharma Stock Roundup: FDA's CRL to MRK & ABBV, Phase III Study Failures for NVO, AZN [Yahoo! Finance]Yahoo! Finance
- Keep faith in China, Li Qiang tells business at ‘Summer Davos' [Yahoo! Finance]Yahoo! Finance
- SNIPR Biome receives funding for the development of CRISPR-medicines to improve Environmental Enteric Dysfunction (EED) in pregnant women [Yahoo! Finance]Yahoo! Finance
- Fake Ozempic and Wegovy are flooding the market. Here are 4 steps to avoid dangerous counterfeit weight loss drugs [Yahoo! Finance]Yahoo! Finance
NVO
Earnings
- 5/3/24 - Beat
NVO
Sec Filings
- 6/26/24 - Form 6-K
- 6/24/24 - Form 6-K
- 6/21/24 - Form 11-K
- NVO's page on the SEC website