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Biopharma’s Winners And Losers Of 2023: Obesity Drugs Reshape Big Pharma

 
• By Andrew McConaghie

Novo Nordisk and Eli Lilly kickstarted an obesity drug revolution in 2023, just as investors cooled on biopharma’s vaccine saviors as the world looked to move on from COVID-19.

Eli Lilly

When the pharma history books are written, 2023 will be known as the year that obesity drugs, led by Novo Nordisk’s Wegovy, become household names – and the investor rush into the companies making them helped create a new world order in the biopharma sector.

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