The weight-loss drug revolution
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 6 June 2024
⏱️ 17 minutes
🧾️ Download transcript
Summary
Diabetes and obesity drugs like Ozempic, Wegovy and Mounjaro have become famous for helping users shed big amounts of weight. It's a market that could soon be worth more than $100 billion. Two companies dominate this space, Novo Nordisk which makes Ozempic and Eli Lilly, maker of Mounjaro. But with competitors desperate for a piece of the action, how long can these two giants stay in front?
Leanna Byrne hears from some of the companies involved, including those at the centre of the action and those developing the next wave of treatments.
Presented by Leanna Byrne and produced by Lexy O'Connor
(Image: A box of the anti-obesity drug Wegovy, including injection pens. Credit: Getty Images)
Transcript
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| 0:00.0 | In 2017, a new diabetes medicine hit pharmacies in the US. |
| 0:06.6 | Looking to get back in your type 2 diabetes zone? |
| 0:09.5 | Once Weekly OZemPEC can help. |
| 0:12.5 | It wasn't just getting control of their blood sugar, though. |
| 0:16.1 | With this one, called OZampic, users were losing some serious weight. It's a story that's very similar to another |
| 0:24.0 | famous drug, Viagra. Get to your doctor for a checkup and find out if a free simple of Viagra, |
| 0:29.6 | it's right for you. It was initially developed to tackle heart disease, but it was a surprising |
| 0:34.3 | standout side effect that raked in billions for its maker, Pfizer. |
| 0:39.8 | And no, I'm not going to say it out loud. |
| 0:42.4 | Anyway, back to OZemPEC and its weight loss spin-off drug Weigovie. |
| 0:47.0 | The company that makes it, Novo Nordisk, is now Europe's most valuable company. |
| 0:52.6 | It can't keep up with demand, and of course, its rivals are |
| 0:56.3 | queuing up for a piece of the action. We are just scratching in the surface in terms of the number |
| 1:02.1 | of patients we help. That's the boss of Novo Nordisk, Lars Fugurgard Jorgensen. There's ample opportunity |
| 1:08.4 | for competitors to come in and help patients because the size |
| 1:12.1 | of the market that's being addressed today is very, very small. So, is he right? Is there |
| 1:17.9 | room for competition? In yesterday's episode, we looked at how Novo Nordisk shook up its home |
| 1:24.3 | country, Denmark. Today we're asking, can the company behind OZMPIC keep its lead |
| 1:29.8 | in the pharmaceutical gold rush? |
| 1:32.6 | I'm Leanna Byrne |
| 1:33.4 | and you're listening to Business Daily |
| 1:35.0 | on the BBC World Service. |
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