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Novo-Nordisk A/S Newsroom
Concerned about falling behind eli lilly and co (LLY.US) and novo-nordisk a/s (NVO.US), the indian team urges an early launch of Wegovy in india.
Due to concerns about falling behind its competitor eli lilly and co in the potential huge market of india, the Indian team of the Danish pharmaceutical giant novo-nordisk a/s has been pushing the company to launch its popular weight loss drug Wegovy in india earlier.
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Concerned about falling behind eli lilly and co, the novo-nordisk a/s india team is reportedly urging an early launch of Wegovy.
①It is reported that novo-nordisk a/s india team recently proposed to advance the market launch time to 2025, which is roughly the same as eli lilly and co's expected time for the launch of its weight loss drug Mounjaro; ②The novo-nordisk a/s india team stated that if Wegovy cannot be launched early in india, the company may lag behind eli lilly and co in this market.
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U.S. stocks are moving differently | novo-nordisk a/s rises 2% pre-market, india team urges for the early launch of Wegovy.
Great Wall December 3rd | Novo Nordisk (NVO.US) pre-market trading up 2% on the US stock market. In terms of news, due to concerns about falling behind competitor Eli Lilly in the huge potential market of India, the Indian team of the Danish pharmaceutical giant Novo Nordisk has been pushing the company to launch its popular weight loss drug Wegovy in India earlier. (Great Wall)
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The strongest competitor's data is not good, will the 'weight-loss duo' continue to dominate?
Analysts believe that if Amgen's weight loss drug could achieve a 20% weight loss effect a few years ago, it would have been the best among similar products, but now Eli Lilly and Co and Novo-Nordisk A/S pipeline drugs may achieve or exceed a 25% weight loss effect. Currently, dozens of pharmaceutical companies are actively entering the weight loss drug market, but none have shown the potential to truly challenge the 'weight loss giants'.
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