Wegovy patients maintain weight loss over four years
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 14 May 2024
⏱️ 7 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Tuesday, May 14th. I'm Julie Morgan. Patience on Wegoe lost the weight and kept it off. |
| 0:16.4 | Walmart is gearing up for layoffs and relocations and Uber Eat's is expanding. |
| 0:23.0 | Patients who are taking obesity drug Wigovi by Novonartis have maintained an average of 10% weight loss for years after starting the treatment. |
| 0:33.6 | Nove's head of development told Reuters that this is the longest study they've |
| 0:37.9 | conducted so far of semi-glutide for weight loss. |
| 0:41.6 | Simgluteide is of course the main active ingredient in |
| 0:45.2 | we govy as well as other popular diabetes and weight loss drugs like Novos |
| 0:50.1 | Ozmpic. The data could help the drug maker in its efforts to convince insurers and |
| 0:55.6 | governments that have limited coverage for the treatment given doubts over |
| 0:59.6 | its long-term effectiveness. The study which enrolled over 17,000 obese or overweight adults |
| 1:06.4 | showed that Wegovi led to cardiovascular benefits |
| 1:09.9 | irrespective of age, gender, ethnicity, and obesity level. |
| 1:14.6 | Medicare does not cover Wigovi and other obesity drugs. |
| 1:18.9 | A recent survey by KFF of around 1,500 adults showed that six and 10 respondents think Medicare |
| 1:26.0 | should cover these drugs. Walmart plans to lay off hundreds of corporate jobs |
| 1:31.8 | and is asking remote workers to move to offices. |
| 1:36.0 | The Wall Street Journal reported citing sources familiar with the matter that workers in |
| 1:40.8 | small offices in Dallas, Atlanta, and Toronto |
| 1:44.3 | are being asked to move to other central hubs like Walmart's |
| 1:47.6 | corporate headquarters in Bentonville, Arkansas, |
| 1:50.4 | as well as Hoboken, New Jersey or Northern California. |
... |
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