GLP-1 Diabetes Drugs Poised for Massive Growth, Benefits Beyond Obesity
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GLP-1 drugs are gaining popularity for treating obesity and diabetes, with the market forecast to reach $100 billion by 2030.
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The potential patient population for GLP-1 drugs could expand significantly if more insurers cover them and they show promise treating other diseases.
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Stocks of GLP-1 drug makers Eli Lilly and Novo Nordisk have surged, but further upside depends on increasing supply to meet demand.
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Widespread GLP-1 adoption could benefit industries from airlines to medtech and boost U.S. GDP growth.
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Biotech companies are leading innovation in new therapies, offering growth potential but also volatility for investors.