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Novo Nordisk is betting on a CEO shakeup to regain its weight loss drug edge over Eli Lilly

1. Novo Nordisk's CEO resigns amid market share loss to Eli Lilly's Zepbound. 2. Eli Lilly's Zepbound now surpasses Wegovy in U.S. prescriptions. 3. Market for weight loss drugs may exceed $150 billion by 2030. 4. Novo Nordisk faces challenges with upcoming patent expiration for Wegovy. 5. Eli Lilly's stock has surged, outperforming Novo Nordisk significantly.

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FAQ

Why Very Bullish?

Eli Lilly is gaining market share rapidly in the lucrative obesity drug market, positioning itself strongly against Novo Nordisk, thereby increasing investor confidence.

How important is it?

The leadership changes at Novo Nordisk and market dynamics strongly favor Eli Lilly, likely driving positive investor sentiment.

Why Long Term?

Eli Lilly's market strategies and product launches are likely to sustain competitive pressure on Novo Nordisk over several years, impacting LLY positively.

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