The battle for control of the multi-billion dollar diabetes and obesity treatment market is about to heat up, with Eli Lilly’s Mounjaro and Novo Nordisk’s Wegovy/Ozempic set to shortly unveil key Phase III studies.
While both the weekly injectable drugs are already used in type 2 diabetes treatment, Novo has opened up leadership in obesity since GLP-1 agonist Wegovy (semaglutide) gained US Food and Drug Administration approval two years ago. Last year, Novo doubled its glucagon-like peptide-1 (GLP-1) franchise obesity sales to DKK16.86bn ($2
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