CNBC
6/13/2026

The Next Phase Of The Obesity Drug Race
Short summary
Five years after Wegovy's FDA approval, the obesity drug market has evolved with new GLP-1 pills from Novo Nordisk and Eli Lilly entering in 2026. Competition is intensifying as smaller players like Structure Therapeutics and Zealand Pharma fight for market share. The crowded space signals continued innovation but tighter margins ahead.
- •GLP-1 oral pills launched by major pharma companies in 2026, expanding beyond Wegovy
- •Competitive landscape intensifying with smaller biotech firms entering the market
- •Market growth signals high innovation but crowded competitive environment
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