Many companies such as Pfizer

2023-10-27

Many companies such as Pfizer and Amgen are developing weight loss drugs, as Barclays has predicted a $100 billion global market for obesity drugs by 2030.

Females of ages 18-34 are the target customers of weight loss products.

In a separate note,

The sugar industry is an example of a weight-losing industry. Weight-gaining industries are industries whose raw materials are lighter but finished products are heavier and bulky. They tend to locate near markets.

Time to invest in weight-loss companies?

Weight-loss companies continue to hit records. LLY hits new record of $613; NOV reaches new high of $102 and its market value ranks first in European companies. -------------------- Are you bullish on the weight-loss drug companies? Time to invest or not as they continue to hit new highs? Will weight-loss drugs really impact the shopping demand as Walmart warns?

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