"Challenges and Competition in the Weight Loss Drug Market"

1 min read
Source: CNBC
"Challenges and Competition in the Weight Loss Drug Market"
Photo: CNBC
TL;DR Summary

Demand for weight loss drugs like Novo Nordisk's Wegovy and Eli Lilly's Zepbound is outstripping supply, leading to intermittent shortages and limited availability. Both companies are making efforts to increase production capacity, with Novo Nordisk doubling its supply of lower-dose Wegovy and Eli Lilly doubling production capacity for its incretin drugs. Novo Nordisk's parent company's acquisition of Catalent and investments in new production facilities, along with Eli Lilly's plans to launch drugs in alternative delivery devices and develop oral weight loss drugs, aim to address supply constraints in the future.

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