Financial analyst: Novo Nordisk's obesity treatment could triple market

Jefferies' analysts have consulted with an expert on obesity and diabetes treatments, and now, the investment banking company sees a real possibility that the market for obesity treatment will grow significantly.

Photo: Novo Nordisk / PR

Novo Nordisk's novel weight loss drug Wegovy has the potential to at least double or triple the market, writes investment banking company Jefferies in a report.

The bank has recently hosted a teleconference involving an expert in obesity and diabetes treatment, and the financial analyst bases its estimate on the input from the participating expert.

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