News Formal

U.S. Companies Face Investor Questions Over Impact of Weight-Loss Drugs

  • 📰 NEWSMAX
  • ⏱ Reading Time:
  • 27 sec. here
  • 27 min. at publisher
  • 📊 Quality Score:
  • News: 101%
  • Publisher: 71%

Business News

U.S.,Companies,Investor Questions

U.S. companies across sectors such as food and beverage makers and manufacturers of glucose monitors are facing investor questions over the risk to future sales from the growing popularity of promising weight-loss treatments.

U.S. companies across sectors such as food and beverage makers and manufacturers of glucose monitors are facing investor questions over the risk to future sales from the growing popularity of promising weight-loss treatments. Drugs in a class known as GLP-1 such as Novo Nordisk's Wegovy and Ozempic as well as Eli Lilly's Mounjaro and Zepbound have been shown to help control blood sugar and dramatically lower weight in clinical trials.

Novo Nordisk on Saturday presented data showing that the heart protective benefits of Wegovy are not solely due to weight loss. Here's what companies have said about the potential impact: RETAILERS, FOOD & BEVERAGE Conagra might consider changing portion sizes of its snacks if the rising use of weight-loss drugs leads to a change in food consumption patterns. Walmart expects revenues from its health and wellness products to increase in the second half of the year, mainly due to the popularity of weight-loss drug

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Prince William's Earthshot Prize Awards held to honor companies addressing climate crisisThe Earthshot Prize annually recognizes five innovators addressing the environmental crisis through Prince William's climate-focused charity.
Source: CBSNews - 🏆 87. / 68 Read more »

Aave Companies launches decentralized social graph Lens V2 on PolygonWeb3 software technology firm Aave Companies launched Lens protocol V2 on Polygon during the Devconnect event in Istanbul.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Fisker Has ‘2 Cars That Are Almost Ready,' Might Be Made By ‘Traditional’ Car CompaniesThe American startup is already building the Ocean SUV under contract in Austria, but things might not be set in stone for its next models.
Source: InsideEVs - 🏆 579. / 51 Read more »

Fisker Has ‘2 Cars That Are Almost Ready,' Might Be Made By ‘Traditional’ Car CompaniesThe American startup is already building the Ocean SUV under contract in Austria, but things might not be set in stone for its next models.
Source: InsideEVs - 🏆 579. / 51 Read more »

New Federal Rule to Facilitate Union Formation at Big CompaniesA new federal rule will make it easier for workers to form unions at big companies by redefining 'joint employers' under the National Labor Relations Act.
Source: nbcsandiego - 🏆 524. / 51 Read more »