Novo Nordisk’s diabetes treatment Ozempic could be the drug industry’s second-highest seller in 2024, according to Evaluate’s latest forecast, as analysts and physicians signal the beginning of a new era for weight management.
The forecast expects Ozempic to generate nearly $12.4 billion in 2023. If the market research firm’s predictions are correct, the GLP-1 treatment will rank fifth among this year’s top-selling drugs after not even entering the top 10 in 2022. Novo’s obesity and diabetes care sales have skyrocketed in recent months, up 39% in Q2 2023 compared to Q2 2022, according to the company’s latest earnings report.
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