Previous Close | 269.36 |
Open | 269.36 |
Bid | 304.50 |
Ask | 308.00 |
Strike | 280.00 |
Expire Date | 2025-01-17 |
Day's Range | 171.03 - 269.36 |
Contract Range | N/A |
Volume | |
Open Interest | 15 |
(Bloomberg) -- The global market for novel weight-loss drugs like Novo Nordisk A/S’s Ozempic and Wegovy is poised to reach $100 billion by 2035 as patients start to understand the efficacy of the medications.Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseTreasuries Halt Fed-Fueled Rout as Stocks Struggle: Markets WrapEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalMcCarthy Ambushed as Republican Hardliners Change Course on Spending PlanRaw Mea
In a recent forecast, BMO Capital Markets has predicted the global market for innovative weight-loss drugs, such as Novo Nordisk (NYSE:NVO) A/S's Ozempic and Wegovy, to reach $100 billion by 2035. This projection follows an increase in patient recognition of the efficacy of these medications.
Based on analysts' projections, you might think the pharmaceutical giant isn't worth investing in right now.