Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Weight-loss drugs could reduce COVID-related deaths: Study By: FOX Business September 03, 2024 at 13:31 PM EDT A new study found that weekly injections of 2.4 mg of semaglutide could lower the risk of deaths related to COVID-19, marking another potential benefit of these blockbuster drugs. Patients taking the weight-loss drug semaglutide were less likely to die from COVID-19, according to a recent study. The patients who contracted COVID-19 while using a weekly 2.4 mg dose of semaglutide, the active ingredient in Novo Nordisk's Wegovy and Ozempic, had a 34% lower risk of dying from COVID-19, according to Dr. Benjamin M. Scirica, one of the authors of the study published by the Journal of the American College of Cardiology (JACC). About 17,604 patients were studied during the over three-year trial that had pre-existing cardiovascular disease and were overweight or obese but did not have diabetes. RUNNING LOW ON OZEMPIC OR ANOTHER WEIGHT LOSS DRUG? A NEW TRACKER CAN HELPWEIGHT LOSS MEDICATION SHORTAGE CREATES MARKET FOR BOGUS DRUGSThis isn't the first time researchers have discovered other benefits of this drug, which has surged in popularity in recent years because of its weight-loss effects. For instance, Wegovy was approved for use as a heart disease prevention medication earlier this year after a study showed that the drug reduced the risk of serious heart problems by 20%. Morgan Stanley estimated that the global market for obesity drugs could increase by more than 15-fold, reaching between $105 billion and $144 billion in 2030, "as their use expands beyond weight loss to treat a range of diseases."GET FOX BUSINESS ON THE GO BY CLICKING HEREIn 2023, sales of branded obesity drugs notched $6 billion. Mark Purcell, head of Morgan Stanley's European pharmaceuticals team, said leading drugmakers are expected to meet the opportunity to treat a wider range of illnesses.Morgan Stanley estimated that 9% of the population will be on these drugs by 2035, which is five times the number of people today. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Weight-loss drugs could reduce COVID-related deaths: Study By: FOX Business September 03, 2024 at 13:31 PM EDT A new study found that weekly injections of 2.4 mg of semaglutide could lower the risk of deaths related to COVID-19, marking another potential benefit of these blockbuster drugs. Patients taking the weight-loss drug semaglutide were less likely to die from COVID-19, according to a recent study. The patients who contracted COVID-19 while using a weekly 2.4 mg dose of semaglutide, the active ingredient in Novo Nordisk's Wegovy and Ozempic, had a 34% lower risk of dying from COVID-19, according to Dr. Benjamin M. Scirica, one of the authors of the study published by the Journal of the American College of Cardiology (JACC). About 17,604 patients were studied during the over three-year trial that had pre-existing cardiovascular disease and were overweight or obese but did not have diabetes. RUNNING LOW ON OZEMPIC OR ANOTHER WEIGHT LOSS DRUG? A NEW TRACKER CAN HELPWEIGHT LOSS MEDICATION SHORTAGE CREATES MARKET FOR BOGUS DRUGSThis isn't the first time researchers have discovered other benefits of this drug, which has surged in popularity in recent years because of its weight-loss effects. For instance, Wegovy was approved for use as a heart disease prevention medication earlier this year after a study showed that the drug reduced the risk of serious heart problems by 20%. Morgan Stanley estimated that the global market for obesity drugs could increase by more than 15-fold, reaching between $105 billion and $144 billion in 2030, "as their use expands beyond weight loss to treat a range of diseases."GET FOX BUSINESS ON THE GO BY CLICKING HEREIn 2023, sales of branded obesity drugs notched $6 billion. Mark Purcell, head of Morgan Stanley's European pharmaceuticals team, said leading drugmakers are expected to meet the opportunity to treat a wider range of illnesses.Morgan Stanley estimated that 9% of the population will be on these drugs by 2035, which is five times the number of people today.