Watch Out, Eli Lilly and Novo Nordisk: Amgen's Monthly Weight Loss Drug Has 6 Phase 3 Trials Running -- and It's Coming for Your Patients
Will this pharma company become a new leader in the weight loss market?
Overview
Amgen (NASDAQ: AMGN) is betting that the convenience of its weight loss treatment will make it a winner, and it might be right. Its candidate MariTide is a monthly injection that aims to directly challenge the anti-obesity drugs made by Eli Lilly (NYSE: LLY) and Novo Nordisk (NYSE: NVO), which in their original formulations are administered by a weekly injection.
If the program's phase 3 clinical trial data look good, Amgen could enter the market and become a major player despite having no real presence now. So should Eli Lilly and Novo Nordisk actually start to sweat?
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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