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Biogen CEO Poses Million Dollar Question – Do We Need To Spend On Weight Loss Drugs?

Therapeutic Classes Concept Outdated

 
• By Vibha Ravi

As demand for Wegovy busts through capacity, Biogen’s Viehbacher asks if we need to spend on drugs for weight loss or other preventable diseases when the dollar could go towards non-preventable chronic diseases. Discussing investments at a recent conference, he was joined by Fidelity’s Rajiv Kaul who said the concept of therapeutic classes is outdated

Healthcare Expenditure
Healthcare Expenditure, Investment Were Discussed At A Recent Event • Source: Shutterstock

At a time when demand for anti-obesity drug Wegovy, has busted through recently hiked capacity despite availability in just three markets, Biogen, Inc.’s president and CEO Christopher A Viehbacher, raised a question that might not be to the liking of folks at Novo Nordisk A/S and Eli Lilly and Company.

“Do we need to spend as much as a society on weight loss drugs, when there is another solution, which...

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