Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Wegovy pill leads GLP-1 weight-loss market but growth slows amid new competition

Market News
01 Jun 2026
Proactive Investors
View Source
Neutral
pluang ai news

Novo Nordisk's oral GLP-1 weight-loss drug, Wegovy pill, continues to outsell Eli Lilly's competing tablet, Foundayo, with around 146,000 prescriptions in the week ending May 22. However, weekly prescription growth has slowed to 2% as the market adjusts to new entrants. Wegovy pill's prescription volume is about 2.4 times that of Lilly's injectable Zepbound at a similar launch stage. Lilly's Foundayo, launched in April, recorded 16,000 prescriptions in its sixth week, but its marketing campaign is yet to start, which could change the competitive landscape.

More News (NVO)

Novo Nordisk launches DKK 15 billion share buyback starting May 2026 to boost shareholder value.

Novo Nordisk launches DKK 15 billion share buyback starting May 2026 to boost shareholder value.

Novo Nordisk began a share repurchase program on 6 May 2026, aiming to buy back up to DKK 15 billion worth of B shares over 12 months starting 4 February 2026. As of 29 May 2026, the company repurchased 17.9 million shares at an average price of DKK ...

Company Fundamentals
Neutral
6 hours ago
Novo Resources raises A$8.2M to boost gold drilling in Pilbara and Victoria projects

Novo Resources raises A$8.2M to boost gold drilling in Pilbara and Victoria projects

Novo Resources Corp has completed the second tranche of an A$8.2 million placement, raising about C$1.93 million to accelerate drilling and exploration at its Pilbara and Victorian gold projects. The second tranche involved issuing units to Canadian ...

Company Fundamentals
Bullish
4 days ago
Novo Nordisk's oral semaglutide launch shows slower dose growth amid strong injectable competition.

Novo Nordisk's oral semaglutide launch shows slower dose growth amid strong injectable competition.

Novo Nordisk's investor relations highlighted that the launch of its oral semaglutide is progressing with dose escalation patterns differing from its injectable forms. Despite improved data capture at 65%, 90% of prescriptions are still paid out-of-p...

Market News
Neutral
4 days ago
Novo Nordisk narrows gap with Eli Lilly in obesity drugs despite Ozempic sales drop.

Novo Nordisk narrows gap with Eli Lilly in obesity drugs despite Ozempic sales drop.

Novo Nordisk is gaining ground on Eli Lilly in the obesity drug market despite a 12.6% quarterly and 15% yearly drop in Ozempic sales to DKK 27.83 billion in Q1. The recent FDA approval of Wegovy HD, which matches Eli Lilly's Zepbound in weight-loss ...

Analyst Insights
Bullish
4 days ago
Novo Resources completes second tranche of placement, raising C$1.93m to fund growth.

Novo Resources completes second tranche of placement, raising C$1.93m to fund growth.

Novo Resources Corp. has completed the second tranche of its placement, raising approximately C$1.93 million (A$1.95 million) through the issuance of common shares and options to investors in Canada and overseas. This follows shareholder approval at ...

Company Fundamentals
Bullish
4 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App