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Stock impact report

Can anything threaten Novo and Lilly's obesity market dominance? [Yahoo! Finance]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: Yahoo! Finance
There are two clear market leaders in the market for obesity drugs. Novo Nordisk and Eli Lilly are the only pharmaceutical companies with GLP-1 medications approved for weight loss, and the popularity of their drugs has made them household names. Since GLP-1s hit the market, the five biggest diabetes and obesity medications — Novo's Ozempic, Wegovy and Rybelsus, and Lilly's Zepbound and Mounjaro — have collectively raked in $71 billion in U.S. revenue since 2018, according to a recent report by the Initiative for Medicines, Access and Knowledge (I-MAK), a nonprofit focused on documenting what it sees as abuses in the patent system. Ozempic, which also has approvals in chronic kidney disease and heart disease, accounted for about half of that total. There's more growth to come. By 2030, cumulative revenue of those five GLP-1 drugs are projected to reach $470 billion, I-MAK estimated, which would make them some of the best-selling products of all time, according to Tahir Amin, CEO Show less Read more
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