Oral Weight-Loss Drugs Set to Transform GLP-1 Market by 2030
Oral weight-loss drugs are expected to constitute a significant portion of the GLP-1 market by 2030, surpassing prior forecasts. Ludovic Helfgott, executive vice president at Novo Nordisk, discussed this development during an interview at the J.P. Morgan Healthcare Conference.
Oral weight-loss drugs are projected to make up at least one-third of the GLP-1 market by 2030, according to Novo Nordisk. The prediction exceeds the company's previous forecasts as outlined by Ludovic Helfgott, executive vice president for product and portfolio strategy, during a conversation with Reuters.
This revelation was shared on the margins of the J.P. Morgan Healthcare Conference, indicating a significant shift in market dynamics for GLP-1 products. Helfgott emphasized that oral drugs could play a pivotal role in capturing a larger segment of the market.
Novo Nordisk's forward-looking approach suggests an evolving strategy aimed at accommodating this shift, with oral solutions contributing more substantially to weight-loss therapies in the coming years.
(With inputs from agencies.)
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