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Wall Street Breakfast

Lilly obesity drug beats Novo in study

Wall Street Breakfast

Seeking Alpha

Business News, News, Business, Investing

4.11K Ratings

🗓️ 28 November 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

Tirzepatide 3x more likely to result in 15% weight loss vs. semaglutide. (0:15) Consumer expectations pick up sharply in November. (1:38) Amazon takes delivery title from UPS, FedEx. (3:50)

Show Notes
Hedge funds ease up on Magnificent 7 binge
Adobe, Figma deal likely to result in 'substantial lessening of competition'

Episode transcripts seekingalpha.com/wsb.
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Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action news and analysis.

0:11.2

Good afternoon. Today is Tuesday, November 28th, and I'm your host, Kim Khan. Our top story so far.

0:17.0

Eli Lilly's anti-obesity medication, Terzepitide, is three times more likely to result in a 15% weight reduction compared to Novonordisk's rival therapy

0:27.4

sonaggluteide according to a first of its kind real world study. The study

0:32.2

published on med RX-I-V last week in a

0:35.4

head of a peer review, represented more than 40,000 overweight or obese adults who

0:40.4

started their medications between May 2022 and September 2023.

0:45.0

Noveo's weight loss of diabetes drugs, Wagovi and Ozempick,

0:49.0

consists of semaglutide as the active pharmaceutical ingredient.

0:52.0

Lily's rival therapies, Monjaro. of semagglutide as the active pharmaceutical ingredient.

0:53.0

Lily's rival therapies, Monjaro, and Zeppbound,

0:56.4

consist of Teepetide as the API.

0:59.9

With little or no evidence indicating

1:01.8

the head-to-head efficacy of two of the most popular medications

1:04.6

in the world, Truvita, a collective of U.S. health care systems, conducted the study using

1:09.7

electronic health records and pharmacy dispensing data.

1:13.9

In today's trading, stocks are finding firm direction hard to come by, with housing consumer

1:18.4

sentiment data having little impact.

1:20.6

The major averages are leaning slightly lower, but nothing definitive. The 10-year averages are leaning slightly lower but nothing definitive.

1:24.0

The 10-year Treasury yield is moving lower, under 4.4 percent, after some dovish comments from FOMC Hawk Chris Waller.

1:31.0

Gold continues its upward momentum, and oil is rebounding and reports of potential

1:35.3

further OPEC-plus production cuts. The conference board's Consumer Confidence Index increased

...

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