May 9, 2024, 12:05 PM
May 6, 2024, 11:15 AM

Amgen and other competitors threaten Eli Lilly's weight loss drug dominance

Highlights
  • New competitors like Amgen, Viking Therapeutics, Altimmune, AstraZeneca, Boehringer Ingelheim, and Zealand Pharma are challenging Eli Lilly's dominance in weight loss drugs.
  • Investors are now turning to Amgen in search of the next big obesity drug payout, causing a surge in Amgen's shares.
  • Eli Lilly and Novo Nordisk may face tough competition in the obesity drug market in the near future.

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