There’s a new entry into the weight-loss drug boom. Here’s the stock’s outlook

There's a new entry into the weight-loss drug boom.  Here's the stock's outlook

AstraZeneca is the latest player to enter the weight-loss drug space, a market that some analysts say could reach $100 billion by 2030. On Thursday, the biopharmaceutical company announced it had entered into a licensing agreement with Eccogene for ECC5004 , an oral glucagon-like peptide 1 receptor agonist. This drug,… Continue Reading There’s a new entry into the weight-loss drug boom. Here’s the stock’s outlook

Bank of America Sees Risks for Employers as Insurance Coverage of Weight Loss Drugs Increases

Bank of America Sees Risks for Employers as Insurance Coverage of Weight Loss Drugs Increases

Eye-popping predictions for weight-loss drug sales hinge on insurance companies agreeing to provide coverage for expensive treatments, and momentum appears to be building on that front. But Allen Lutz, an analyst at Bank of America, wonders if employers know how risky the bet they’re making is. The hope is that… Continue Reading Bank of America Sees Risks for Employers as Insurance Coverage of Weight Loss Drugs Increases