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Viewsroom

Pharma’s obesity gold rush will have limits

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 11 May 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

Drugmakers Novo Nordisk and Eli Lilly are vying for a large slab of the weight loss medications market, which analysts reckon could be worth $100 bln by 2031. In this Viewsroom podcast, Breakingviews columnists discuss how investor optimism in a booming market is unwarranted. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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It's AI that knows your work as well as you do.

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Visit Slack.com forward slash meet Slackbot to learn more.

0:30.3

The views expressed on this podcast are those of the participants, not of Roalders News.

0:40.3

At the moment, the trend is only going to get worse. So there's a really appalling trajectory for the costs of obesity,

0:44.3

costing to the NHS and the wider society as well,

0:47.3

but something like 60 billion pounds a year, a huge amount of money.

0:51.3

And the trajectory is likely to get worse if action isn't going to take it.

0:55.4

That was Catherine Jenner, Director of Obesity Health Alliance in Britain, an organisation that

1:01.4

advocates for changes in policy to tackle obesity. Back in February, she warned about the

1:07.2

growing cost of obesity on the economy and the health service. This crisis has,

1:12.1

however, sparked a gold rush for pharmaceutical businesses around the world that are scrambling

1:17.6

to come up with more effective treatments. This market, which analysts reckon could balloon to

1:23.4

$100 billion in annual sales, is the focus of this week's Viewsroom.

1:28.9

Welcome back to the Views Room, the podcast from Reuters Breaking Views,

1:32.5

where columnists from around the world talk about the big stories of the week.

1:36.0

I'm your host, Amy Donnellin, coming to you from London.

1:40.8

Obesity is a hot new market for the world's drug makers.

1:44.8

But this market has sprung out almost out of nowhere

...

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