Explore stories from Atlantic Canada.
- As millions seek access to weight-loss drugs from Novo Nordisk and Eli Lilly, increasing supplies, possible wider usage and a growing number of would-be rivals are leading some experts to raise annual global sales forecasts for the treatments to about $150 billion by the early 2030s.
Without insurance coverage expansion, IQVIA put the low end of global obesity-drug spending at $39 billion in 2028 versus a more likely $74 billion. Supplies of both Novo's Wegovy and Lilly's Zepbound remain constrained, but the companies have been increasing production.BMO Capital Markets now estimates annual weight-loss drug sales reaching $150 billion by 2033, up from a year-ago forecast of over $100 billion by the early 2030s.
Rivals see room for treatments that are more convenient, offer better weight loss or promise additional health benefits. Some seek to improve durability or quality of weight loss by distinguishing between fat and lean body mass.Over 80 experimental obesity drugs have reached the human testing stage, according to IQVIA.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global upstream sector set for deals worth $150 billion over rest of 2024, report saysExplore stories from Atlantic Canada.
Read more »
These $150 Boots Look Way More Expensive — And They're Actually ComfortableLourdes Avila Uribe is a senior staff writer at HuffPost covering shopping trends, lifestyle and new products. She grew up in Los Angeles, California, and now resides in New York City.
Read more »
Brookfield Corp. reports first-quarter distributable earnings up, US$150-billion in deployable capitalThe Toronto-based alternative asset investment firm says the result amounted to 77 cents US in distributable earnings per share for the quarter ended March 31
Read more »
GM, LG agree on $150 million relief fund for Chevy Bolt EV owners over faulty batteriesGM launched the Chevrolet Bolt EV in 2015, using batteries made by LG as part of a strategic partnership between the two companies. GM started issuing...
Read more »
GM, LG agree on US$150-million relief for Chevy Bolt EV owners over faulty batteriesOwners of the recalled Bolt EVs who installed the final software remedy at a GM-authorized dealership before Dec. 31, 2023 may receive up to $1,400, according to documents filed in a U.S. court
Read more »
Highly-Rated Steam Upholstery Cleaners Under $150Griffin Wynne (they/them) is a Staff Writer for HuffPost cover shopping, trends and digital culture. They are based in Philadelphia.
Read more »