Thanks to my good friend Dick for finding this timely article on weight-management drugs:
http://www.signonsandiego.com/news/2010/jan/31/dash-for-diet-drug/
At least 3 candidates are seeking regulatory approval from the FDA within the next year. The obesity market is huge (no pun intended). Two-thirds of Americans are overweight, and one-third are obese (BMI of 30% or more). Include Europe and emerging countries whose standard of living is rising, and the potential market for weight-management treatments is staggering.
The products hitting the sweet spot of safety first, tolerability, and efficacy will be blockbusters.
Disclosure: long ARNA shares.
Sunday, January 31, 2010
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