The Obesity Pill Rush: Healthcare ETFs to Gain as FDA Nods to Novo Drug
Key Takeaways Novo Nordisk won FDA approval for oral Wegovy, the first GLP-1 pill cleared for chronic weight management.NVO's oral Wegovy is cheaper to produce, needle-free, no refrigeration, and priced near $149 monthly. Healthcare ETFs like THNR may gain as demand rises in the intensifying obesity drug race. The recent U.S. Food and Drug Administration (FDA) approval of Novo Nordisk’s (NVO) oral obesity pill, Wegovy, marks a significant turning point in the fiercely competitive weight-loss drug market. Th ...