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WSJ What’s News

Ozempic Economics: Your Questions Answered

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 9 June 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

GLP-1 drugs like Ozempic, Wegovy, Mounjaro and Zepbound have been revolutionary for weight loss. They’re also sparking big changes in many industries – from food to medicine. Wall Street Journal tech editor Bradley Olson – who himself took a GLP-1 drug – and audio reporter Jessica Mendoza have been documenting impacts of this new class of drugs in a series – “Trillion Dollar Shot” – for our sister podcast The Journal. They answer listener questions on how it’s transforming bodies, fortunes and industries. Luke Vargas hosts. Further Reading The Quest for Treatments to Keep Weight Off After Ozempic Can Ozempic Maker Novo Nordisk Keep Up Its Momentum? How Drugs Like Ozempic Are Changing What We Think About Weight Loss Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:06.0

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0:11.0

Take a free test drive of OI at oracle.com.

0:14.6

Wall Street.

0:15.6

Hey what's news listeners.

0:18.3

It's Sunday, June 9th.

0:20.1

I'm Luke Vargas for the Wall Street Journal and this is What's News Sunday, the show where we tackle the big questions about the biggest stories in the news and reach out to our colleagues across the newsroom to help explain what's happening in our world.

0:33.4

And this week, we'll look at the economic waves being caused by a new class of drugs helping people

0:39.5

to lose weight from the obvious boost they're giving drug companies to the threat they could pose to

0:44.9

restaurants and snack makers and less certain but no less profound ways they could shake up

0:51.0

far-flung corners of the economy from fashion to air travel.

0:54.7

Let's dive in.

0:57.0

In the span of just a few years, the business of weight loss has been turned upside down

1:02.0

by the advent of GLP1 drugs originally developed to treat

1:06.2

type 2 diabetes. And the odds are you may know about them firsthand or from a friend or loved

1:12.3

one.

1:13.0

Because according to a recent poll from the Kaiser Family Foundation,

1:16.5

one in eight American adults have now taken a GLP1 drug,

1:20.5

and around one in three adults say they've heard a lot about them.

1:24.0

But one thing we realized we knew less about was how these drugs were changing the economy

1:29.7

and forcing businesses across the corporate landscape to rethink how they could be affected as prescription numbers keep on going up.

1:37.7

And it turns out a lot of you had questions about this too.

...

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