Estimated global weight loss drug sales: 2030: $93.8 billion 2029: $77.9 billion 2028: $63.7 billion 2027: $48.6 billion 2026: $35.4 billion 2025: $24.6 billion 2024: $14.8 billion 2023: $6.3 billion Source: Bloomberg Intelligence Jon Erlichman (@JonErlichman) June 22, 2024 Novo Nordisk uses semaglutide as its proprietary GLP-1 agonist in drugs that are marketed under Ozempic and Wegovy labels, with the former geared toward type-2 diabetes and the latter marketed as a treatment for obesity
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It does this by increasing insulin secretion after meals, decreasing gluconeogenesis, slowing the passage of food through the gut, and giving a feeling of satiety
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Glucagon-like peptide-1 (GLP-1) receptor agonists, including semaglutide (Ozempic, Wegovy), dulaglutide (Trulicity), and liraglutide (Saxenda, Victoza), are increasingly prescribed for type 2 diabetes management and weight loss