How Ozempic could change the economy as we know it [Yahoo! Finance]
Ameriprise Financial, Inc. (AMP)
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Source: Yahoo! Finance
It's also possible that people's productivity over their lifetimes could increase, impacting the economy. "Better-for-you products" could be the winners of the future economy, one expert told Business Insider. Ozempic has taken the world by storm thanks to how it can help people lose weight, but it could also mean so much more for the economy. Ozempic is a brand name for semaglutide, a diabetes drug that also has weight loss effects. Patients inject it weekly, and it reduces appetite. Semaglutide is also sold for weight loss under the brand name Wegovy. While it's too early to know exactly how GLP-1 drugs' will ripple out to the broader economy long-term, it's already had significant effects on patients' consumption, and companies are keeping an eye out for future developments. "Over 40% of the country is living with obesity," said Dan Kurland, senior equity analyst at asset management firm Columbia Threadneedle Investments, in a media call on March 19. "There are now effec
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AMP
Earnings
- 4/22/24 - Beat
AMP
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- AMP's page on the SEC website