Browsing: Novo

Eli Lilly(NYSE: LLY) and Novo Nordisk(NYSE: NVO) are currently the leaders in the weight loss market. Their medicines have proved highly effective and generate billions in annual sales. However, drugs such as Wegovy and Zepbound are intended to treat patients with common forms of obesity. A little-known biotech, Rhythm Pharmaceuticals(NASDAQ: RYTM), has developed medicines for…

The Danish pharmaceutical giant is quietly advancing a fresh weapon in the obesity wars. Novo Nordisk has registered a first-in-human Phase I trial for an undisclosed weight-loss candidate, NNC0721-8060, which will be tested against its own blockbuster semaglutide — the active ingredient behind Wegovy and Ozempic — across 142 participants. The move signals that management…