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Sema 2.4mg for Obesity Approved by FDA as "Wegovy"

Here is a brief preview of this blast: Novo Nordisk announced the FDA approval of 2.4mg semaglutide, branded as "Wegovy," for the treatment of obesity (view Novo press release). The approval comes exactly in-line with FENIX's projection (previous FENIX insight). According to the press release, Wegovy is indicated "as an adjunct to diet and exercise for chronic weight management in adults with obesity (initial BMI≥30 kg/m2) or overweight (initial BMI≥27 kg/m2) with at least one weight-related comorbidity." Novo said it plans to initiate the Wegovy US launch "later in June 2021." The label has not yet been observed.