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$ROG (+0,91 %) / $RHHBY (+1,11 %) - Demands $LLY (+1,43 %) and $NOVO B (-0,05 %) challenging?


The Swiss drug manufacturer Roche $ROG (+0,91 %) is planning to accelerate the development of its obesity drugs in order to beat rivals such as Eli Lilly $LLY (+1,43 %) and Novo Nordisk $NOVO B (-0,05 %) in the booming market, the Financial Times reported on Monday.


Roche is among a growing number of potential rivals to Novo and Eli Lilly, whose weight-loss injections are in feverish demand, with experts raising their sales forecasts for such treatments to as much as $150 billion by the early 2030s.


Roche CEO Thomas Schinecker told the newspaper that the first obesity drugs "will come to market much faster than people expect"possibly by 2028.


Earlier this month, the company said its second drug candidate, an experimental once-daily pill it acquired through the purchase (link) of Carmot Therapeutics, had shown positive results in an early-stage trial. Schinecker told the FT that Roche could have "about seven" drugs from the Carmot acquisition, several of which are in earlier stages of development.


Roche did not immediately respond to Reuters' request for comment.


Happy Monday!

GG


Source: Reuters

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5 Commentaires

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Hola did you fall into a bucket of paint?

@Kundenservice is it intentional that the title is no longer bold, but the % in the daily chart is when linking titles?
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@Alpalaka It's weird. In the app it shows the $ normally, desktop with %... I find it tedious myself...
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@GeldGenie this is nothing for the reading flow
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@Alpalaka This is intentional and is also coming for the apps.
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Somehow everyone is on the anti-obesity pill now. A little more exercise should help and will also clear your head.
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