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Factbox-Novo, Lilly rivals explore booming weight-loss drug market entry

The Anglo-Swedish drugmaker last month placed a $2 billion bet by licensing an experimental pill from China's Eccogene that it believes could cause fewer side effects than current injectable weight-loss treatments. AstraZeneca was "a few years behind" the runaway success of Novo and Lilly's drugs and was "working on the next wave of products", CEO Pascal Soriot told Reuters last month. The company is focusing on overweight population with risk factors like hypertension and kidney disease as opposed to a cosmetic market.

Health Care Climbs as Deal Wave Seen Continuing -- Health Care Roundup

Health-care companies rose amid anticipation of continued deal activity. Earlier this week, AbbVie agreed to buy mental-health drug maker Cerevel Therapeutics for $8.7 billion, less than a week.

Factbox-Novo, Lilly rivals explore booming weight-loss drug market entry

(Reuters) - Novo Nordisk and Eli Lilly have pulled ahead in the race for a slice of the weight-loss drugs market, expected to be worth $100 billion by.

Factbox-Novo, Lilly rivals explore booming weight-loss drug market entry

(Reuters) - Novo Nordisk and Eli Lilly have pulled ahead in the race for a slice of the weight-loss drugs market, expected to be worth $100 billion by.

Health Care Climbs as Deal Wave Seen Continuing -- Health Care Roundup

Health Care Climbs as Deal Wave Seen Continuing -- Health Care Roundup
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