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Health And Economy

All articles tagged with #health and economy

health-and-economy1 year ago•2 min saved

"Ozempic and Weight-Loss Drugs: Boosting the US Economy"

Goldman Sachs strategists predict that the increased use of weight-loss drugs like Ozempic in the US could potentially boost the nation's gross domestic product by an extra 1% over the next decade, equivalent to about $360 billion per year, due to the economic burden of poor health on the labor supply. Drug companies like Novo Nordisk and Eli Lilly are racing to develop obesity drugs, with the market expected to exceed $100 billion by 2030. Goldman projects that 10-70 million Americans could be taking weight-loss drugs by 2028, potentially leading to significant economic spillovers if obesity rates decrease.

via Fox Business|

#goldman-sachs #health-and-economy #novo-nordisk

health-and-economy1 year ago•2 min saved

"Ozempic Usage to Drive 1% GDP Growth, Warns Goldman Sachs"

Goldman Sachs predicts that if 60 million Americans take GLP-1 weight loss drugs like Ozempic by 2028, the US GDP could grow by an additional 1%, attributing this to the economic costs of poor health on labor supply and productivity. The drugs have shown promise in improving health outcomes for patients with type 2 diabetes and obesity, potentially leading to significant spillover effects on the broader economy, including increased productivity and GDP growth in excess of current trends.

via Yahoo Finance|

#glp-1-drugs #health-and-economy #healthcare-innovation

health-and-economy1 year ago•2 min saved

"Rising Ozempic and Weight-Loss Drug Use to Drive US Economic Growth"

Goldman Sachs forecasts a potential 1% jump in US GDP if 60 million Americans take GLP-1 weight loss drugs by 2028, citing the economic burden of poor health on labor supply and productivity. The drugs, such as Ozempic and Wegovy, have shown promising results in weight loss and improving health outcomes for patients with type 2 diabetes and obesity. With the US obesity rate at around 40%, the potential widespread use of these drugs could lead to significant economic spillovers, including increased productivity and GDP growth.

via Business Insider|

#glp-1-drugs #goldman-sachs #health-and-economy

health-and-economy2 years ago•5 min saved

Ill health causing record number of absences from work.

The number of people not working in the UK due to long-term sickness has reached a new record of over 2.5 million, with a rise in mental health issues in younger people and back and neck pain, possibly due to home working. The ONS figures also showed that wage increases are failing to keep up with rising prices, but public sector pay is growing at the fastest pace for about 20 years. The employment rate edged up to 75.9% between January and March, helped by more part-time employees and self-employed workers, but the unemployment rate also rose slightly to 3.9%.

via BBC|

#employment #health-and-economy #long-term-sickness