Here are 5 anti-obesity drug stocks besides Novo Nordisk and Eli Lilly to watch into year-end

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Companies — both big and small — are hoping to grab a piece of the lucrative anti-obesity drug market. Piper Sandler counts 78 agents in development.

Novo Nordisk and Eli Lilly reign over the anti-obesity drug market, and don't expect this duopoly to end soon, analysts say. But other companies — both big and small — are hoping to grab a piece of this lucrative market. In a research note, Piper Sandler analyst Yasmeen Rahimi said the firm is tracking more than 150 studies with 78 agents in development. Some are expected to provide market-moving updates before the year draws to a close.

mountain Structure shares over the past three months. Risinger rates the stock an outperform, citing both the potential for this drug's success as well as the strength of the company's management. "We note that global peak annual utilization of oral GLP-1s could easily exceed 15M people, assuming compelling commercial profiles," Risinger wrote in a research note on Sept. 29. JMP analyst Jonathan Wolleben initiated coverage of Structure at a market outperform in mid-October.

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:

 /  🏆 12. in UK
 

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

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Cramer's week ahead: Federal Reserve meeting, Apple and Eli Lilly earningsCNBC’s Jim Cramer said he’ll be watching for a number of notable earnings reports next week, including Apple, Caterpillar and drug maker Eli Lilly.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Cramer's week ahead: Federal Reserve meeting, Apple and Eli Lilly earningsCNBC’s Jim Cramer said he’ll be watching for a number of notable earnings reports next week, including Apple, Caterpillar and drug maker Eli Lilly.
Source: nbcchicago - 🏆 545. / 51 Read more »

Cramer's week ahead: Federal Reserve meeting, Apple and Eli Lilly earningsCNBC's Jim Cramer said he'll be watching for a number of notable earnings reports next week, including Apple, Caterpillar and drug maker Eli Lilly.
Source: CNBC - 🏆 12. / 72 Read more »