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Contract drug manufacturers seeking to tap into the booming market for weight-loss drugs are investing billions of dollars to expand or build factories that fill the injection pens used to administer treatments like Novo Nordisk's Wegovy. Interviews with a dozen company executives, analysts and investors showed pharmaceutical services companies jostling to secure more of the specialist work of filling the syringes used in the pens, a process known as fill-finish. "Every contract manufacturer that has sterile fill-finish capacity wants to add more, to get ahead, because it's not just about Wegovy anymore," said Tejas Savant, senior healthcare equity analyst at Morgan Stanley.

United statesCity ofUnited kingdomNew yorkCatherine evansLuke sergottPatrick wingroveCatalent stamoranCornell stamoranNovo nordisk wegovyMarc casperChris chenMaggie fickLilly mounjaroEli lilly mounjaroJosephine mason