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Lilly and Novo Went Head-to-Head Over Weight-Loss Drugs in 2024. There's a Clear Winner. -- Barrons.com
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In 2024, Eli Lilly and Co (LLY.US) shines brightly while Novo-Nordisk A/S (NVO.US) fades into the background.
As the year comes to a close, Wall Street has listed Eli Lilly and Co (LLY.US) as one of the best-performing companies among large pharmaceutical firms, while Novo-Nordisk A/S (NVO.US) has lagged due to a bleak outlook.
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Novo-Nordisk A/S faces another blow: Musk shares a weight loss photo, claiming that using Eli Lilly and Co's weight loss drug is more effective than semaglutide.
On Christmas, Musk shared a photo and called himself the Ozempic Santa Claus, clarifying that he didn't mean the drug name Ozempic for semaglutide, but rather Eli Lilly and Co's competitor Mounjaro. He also mentioned that "high doses" of Ozempic would make him fart and burp, adding that "Mounjaro seems to have fewer side effects and is more effective."
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Musk Tests Mounjaro, Ozempic, Wegovy: Which Weight-Loss Drug Won Him Over?
Musk revealed that he switched to using Eli Lilly and Co's weight loss medication: the effect is better than Novo-Nordisk A/S's competing products, with fewer side effects.
① The world's richest man Elon Musk confirmed on the Social Media platform X on Wednesday that he is using Eli Lilly and Co's Mounjaro for weight loss; ② Musk revealed that he initially tried using Novo-Nordisk A/S's Ozempic for weight loss, but switched to Mounjaro due to significant side effects.
Musk "endorses" Eli Lilly and Co (LLY.US) weight loss drug: Mounjaro has fewer side effects and better results.
On Wednesday, Musk posted on the X platform emphasizing that he prefers Eli Lilly and Co's product Mounjaro over Novo-Nordisk A/S's weight loss treatment Ozempic.