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Five years after Wegovy’s FDA approval, the obesity drug market has evolved rapidly. Novo Nordisk and Eli Lilly introduced GLP-1 pills this year and others like Structure Therapeutics and Zealand Pharma are trying to fight for market share. But the space is getting crowded. CNBC’s Angelica Peebles has the story from the American Diabetic Association’s conference in New Orleans.
Chapters:
00:00 - 00:37 Introduction
00:38 - 03:10 Mounting competition
03:11 - 5:38 Next steps in innovation
Reporting by: Angelica Peebles
Senior Field Producer: Leanne Miller
Edited by: Darren Geeter
Animation by: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images
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