Novo Nordisk, Eli Lilly face first major obesity drug rival in China as Innovent gains approval for mazdutide

1 week ago 2
Syringes, injection bottles and tablets lying on the table

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Novo Nordisk (NVO) and Eli Lilly & Co. (NYSE:LLY), the global leaders in obesity medications, are now facing their first major competitor in China.

Suzhou-based Innovent Biologics (OTCPK:IVBIY) (OTCPK:IVBXF) gained regulatory approval last week for its

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