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Pharmaceutical companies Eli Lilly and Novo Nordisk are in a century-long rivalry for dominance in the $80 billion weight-loss drug market. Eli Lilly's new drug, Zepbound, aims to help patients cut over 20% of their body weight and potentially turn Eli Lilly into the first trillion-dollar drug company. The podcast explores the contrasting strategies of the two companies in weight-loss drug development, the impact of innovation, and the ongoing competition in the market, including the potential entry of other drug makers.
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Quick takeaways
- Eli Lilly's new weight loss drug, Zepbound, which combines GLP1 and GIP gut hormones, has shown significant weight loss results up to 21%, generating interest among investors and potentially positioning Eli Lilly as the first-ever trillion-dollar drug company.
- The century-long rivalry between Eli Lilly and Novo Nordisk in the treatment of diabetes extends to the weight loss drug market, with Novo Nordisk leading initially but Eli Lilly entering the market with Zepbound and intensifying the competition as more drug makers enter the market.
Deep dives
The rise of weight loss drugs: Ozempic and Zepbound
Ozempic, a weight loss drug, gained popularity in recent years, leading the interest in weight loss drugs. Novo Nordisk was the front runner with Ozempic, while Eli Lilly focused on Alzheimer's research. However, with the new drug Zepbound, Eli Lilly entered the weight loss market. Zepbound works differently from its competitors by combining GLP1 and another gut hormone called GIP. It has shown significant weight loss results, reaching up to 21%. This new drug has generated interest among investors, making some predict that Eli Lilly could become the first-ever trillion-dollar drug company.
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