Berliner Boersenzeitung - US FDA approves Wegovy to cut risk of heart problems

Wegovy, produced by Danish pharmaceutical giant Novo Nordisk, was approved "to reduce the risk of cardiovascular death, heart attack and stroke in adults with cardiovascular disease and either obesity or overweight," the FDA said in a statement.

The FDA's decision could be a game changer for the approximately 70 percent of American adults who it says are either obese or overweight, by potentially expanding the pool of people eligible to have their insurance cover these expensive but effective drugs.

"This patient population has a higher risk of cardiovascular death, heart attack and stroke," the director of the FDA's Division of Diabetes, Lipid Disorders and Obesity, said in a statement.

"Providing a treatment option that is proven to lower this cardiovascular risk is a major advance for public health," he added.

The recent surge in popularity of anti-obesity drugs including Wegovy and Ozempic, which mimic a gut hormone to suppress appetite, has padded the profits of the companies that make them.

In fact, Novo Nordisk, which produces both Wegovy and Ozempic, has been so profitable that it has helped to keep the Danish economy afloat, according to Danske Bank.

The pharmaceutical giant's success "is pushing overall activity levels up, while much of the rest of industry and housing construction have contracted," Heidi Schauman, the bank's global head of research, wrote in a note earlier this week.

Novo Nordisk's head of development, Martin Holst Lange, welcomed the FDA's announcement, calling it "an important milestone for people living with obesity and cardiovascular disease."

Wegovy "has the potential to prolong lives by addressing some of the leading causes of preventable deaths by reducing the risks of cardiovascular events," he said in a statement.

(O.Joost--BBZ)