Amgen seeks entry into growing weight loss drug market with innovative approach
While many current weight loss drugs focus on appetite suppression, Amgen is taking a new approach by targeting different biological pathways to achieve more effective and sustainable results. Amid the rapid growth of the weight loss drug market, pharmaceutical giant Amgen is adopting this unique strategy to differentiate itself from competitors. This biotech giant is testing a monthly injection that works differently from current weight loss drugs and shows potential to help patients sustain their weight loss even after discontinuation of the drug.
Source
Constantino, A. βAmgen Wants in on the Booming Weight Loss Drug Market - and Itβs Taking a Different Approach.β CNBC, CNBC, 25 Mar. 2024, www.cnbc.com/2024/03/24/amgen-aims-to-enter-weight-loss-drug-market-with-a-new-approach.html#:~:text=The%20biotech%20company%20is%20testing%20an%20injectable%20treatment%20that%20helps,after%20they%20stop%20taking%20it.