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Some analysts expect the weight-loss drug market, currently dominated by Novo Nordisk's Wegovy and Eli Lilly's Zepbound, to be worth more than $150 billion in annual sales by the early 2030s.
On 23 January 2006, an FDA advisory panel voted 11 to 3 to recommend the approval of an OTC formulation of orlistat, to be sold under the brand name Alli by GlaxoSmithKline. [41] Approval was granted on 7 February 2007, [42] and Alli became the first weight loss drug officially sanctioned by the U.S. government for over-the-counter use. [43]
Are there other pill forms of GLP-1 for weight loss? In May 2023, Novo Nordisk announced that obese or overweight adults who took a once-daily 50 milligram dose of oral semaglutide for 68 weeks ...
July 11, 2024 at 11:45 AM. Pfizer Advances Once-Daily Weight-Loss Pill As It Catches Up To Tap The Lucrative Market. On Thursday, Pfizer Inc. (NYSE: PFE) announced that, based on results from the ...
This year, the company is projecting between $58.5 billion to $61.5 billion in revenue, which would be at best around 5% growth versus its 2023 sales of $58.5 billion.
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