The Rise of Weight Loss Medications

Weight loss medications, such as GLP1 drugs like Ozempic and Wagovi, have become a booming industry, surpassing expectations. These drugs have achieved significant weight loss results, with the latest drugs showing up to 22% weight loss over 72 weeks, far surpassing previous medications that only achieved 5-10% weight loss. The demand for these medications has soared, with more than 9 million prescriptions written in the last three months of 2022 alone. Despite their high cost (over $1,000 per month), demand is expected to increase even further, making weight loss medications a lucrative business.