The Government Pension Fund Global predicts that $Novo-Nordisk A/S(NVO)$ and $Eli Lilly(LLY)$ could be the first healthcare companies to reach trillion-dollar club, benefiting from the rising demand for diabetes and weight-loss drugs. With less than 1% of overweight individuals currently receiving treatment, the potential market for these drugs remains vast. $Novo-Nordisk A/S(NVO)$'s strong earnings, driven by the success of its drug Wegovy, pushed its market value to $511.29 bln.While $Eli Lilly(LLY)$âs market capitalization stands at around $612 bln. The Government Pension Fund Global holds significant stakes in both comp
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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