Novo Nordisk and Eli Lilly are generating 'tens of billions' annually from obesity GLP-1 drugs, driving a strategic shift in biopharma M&A. Large-cap acquirers are actively scouring the biotech landscape for the next transformative GLP-1/metabolic asset, implying elevated deal activity and likely valuation premiums in the sector.
Novo Nordisk and Eli Lilly are generating 'tens of billions' annually from obesity GLP-1 drugs, driving a strategic shift in biopharma M&A. Large-cap acquirers are actively scouring the biotech landscape for the next transformative GLP-1/metabolic asset, implying elevated deal activity and likely valuation premiums in the sector.
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