
The global weight-loss drug market is experiencing exceptional growth, projected to expand from around $144.6 billion in 2023 to an estimated $381.5 billion by 2033. Two pharmaceutical giants, Eli Lilly (LLY) and Novo Nordisk (NVO), dominate this market. Both companies have created GLP-1 receptor agonists that have transformed obesity treatment: Eli Lilly’s Mounjaro (tirzepatide) and Zepbound, and Novo Nordisk’s Ozempic and Wegovy (semaglutide). Let’s see which company is ahead of the game and has the best investment case right now.