The new class of GLP-1 drug brands is driving diabetes and weight loss prescription drug advertising spending, pushing the combined category to more than $1 billion last year, and with no end in sight for 2024.
Last year’s boost was a more than 50% increase over diabetes and weight loss drug media spending the previous year, according to ad intelligence company MediaRadar. Four GLP-1 brands — Mounjaro, Ozempic, Rybelsus and Wegovy — accounted for more than $809 million of the more than $1 billion spend, according to MediaRadar’s data. The remaining spending came from other prescription diabetes brands.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.