Skincare Firm Vows To Rid 'Ozempic Face' In New Marketing Push [zero hedge]
Novo Nordisk A/S (NVO)
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Source: zero hedge
Skincare Firm Vows To Rid 'Ozempic Face' In New Marketing Push One side effect of GLP-1 medications for weight loss is "Ozempic Face." This happens when the rapid loss of body fat produces a hollowed-looking face, wrinkles, sunken eyes, and changes in the size of the lips, cheeks, and chin. To counter this, skincare companies are ramping up the marketing of products to 'fix' this side effect as these blockbuster drugs sweep the nation. Swiss skincare company Galderma Group's Chief Executive Officer Flemming Ornskov told Bloomberg in an interview after this week's first-quarter earnings that its skin treatments and dermal fillers "should be able to restore this [Ozempic Face]." "I think that will be another growth wave in that space, which I will make sure to capture," Ornskov said. Has Wall Street woken up to Galderma's ability to indirectly capitalize on the weight loss craze? Goldman's GLP-1 winners basket still shows a strong upward trend. Novo Nordisk A/S's blockbuster treatments,
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News
- Why Amgen Stock Zoomed Nearly 12% Higher Today [Yahoo! Finance]Yahoo! Finance
- Amgen's peek at its GLP-1 drug trial results heightens competition in obesity market [Yahoo! Finance Canada]Yahoo! Finance Canada
- Amgen's peek at its GLP-1 drug trial results heightens competition in obesity market [Yahoo! Finance]Yahoo! Finance
- The two ways Amgen's new weight-loss drug can stand out [Yahoo! Finance]Yahoo! Finance
- The two ways Amgen's new weight-loss drug can stand out [Yahoo! Finance Canada]Yahoo! Finance Canada
NVO
Earnings
- 5/3/24 - Beat
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Sec Filings
- 5/2/24 - Form 6-K
- 5/1/24 - Form 6-K
- 4/26/24 - Form 6-K
- NVO's page on the SEC website