Weight-loss market to see 16 new drugs by 2029, report estimates

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The market for weight-loss treatments is expected to see 16 new drugs vying for a slice of the lucrative business currently dominated by Novo Nordisk and Eli Lilly, according to estimates from analysts at Morningstar and Pitchbook.

In a joint report published on Monday, analysts estimated the market for obesity treatments could expand to US$200 billion by 2031. The 16 drugs could launch by 2029, with roughly US$70 billion of the GLP-1 market coming from these new challengers.

Analysts, last year, had forecast the obesity market would be US$170 billion by 2031, but have recently raised their estimates, partly due to anticipated higher diabetes market penetration. Meredith Gaudreau, Johnny Gaudreau’s widow, gave a sincere thank you to Calgary for the outpouring of support for her and the Gaudreau family.Rent increases in smaller markets outweigh declines in big cities in August: report

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