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Benzinga
Benzinga
Business
Surbhi Jain

Ozempic Is The New Botox And Big Pharma Is Printing Billions

Big Pharma Eli Lilly Novo Nordisk Eli Lilly And Co NVO diabetes Silicon Valley
Valparaiso,,In,Usa,December,13,,2023:,Ozempic,Pen,And,Box

Ozempic and Zepbound have morphed from diabetes treatment into a cultural phenomenon, helping Novo Nordisk A/S (NYSE:NVO) and Eli Lilly And Co (NYSE:LLY) achieve a combined market cap topping $900 billion. Celebrities flaunt it, Silicon Valley elites swear by it, and analysts predict the GLP-1 market could surpass $150 billion by 2030.

Once Botox symbolized aspirational self-care; now semaglutide injections are the ultimate status flex — one that's also fueling a pharma gold rush.

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