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Jessica Mendoza

👤 Person
4059 total appearances

Appearances Over Time

Podcast Appearances

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

What did that look like post-ozempic?

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

What did that look like post-ozempic?

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

The result would be a blockbuster for Eli Lilly. When the Indiana company presented early data of its new drug at a medical meeting, one specialist made a bold prediction.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

The result would be a blockbuster for Eli Lilly. When the Indiana company presented early data of its new drug at a medical meeting, one specialist made a bold prediction.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

The result would be a blockbuster for Eli Lilly. When the Indiana company presented early data of its new drug at a medical meeting, one specialist made a bold prediction.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Okay. In 2022, Lilly released its answer to Ozempic, Monjaro, approved for type 2 diabetes. The following year, the company came out with its answer to Wigovi. Lilly called its weight loss drug Zepbound.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Okay. In 2022, Lilly released its answer to Ozempic, Monjaro, approved for type 2 diabetes. The following year, the company came out with its answer to Wigovi. Lilly called its weight loss drug Zepbound.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Okay. In 2022, Lilly released its answer to Ozempic, Monjaro, approved for type 2 diabetes. The following year, the company came out with its answer to Wigovi. Lilly called its weight loss drug Zepbound.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Soon, Novo CEO Lars Juergensen saw his company's lead slipping. Not only was Novo's old rival eating up market share, Novo also found itself struggling to keep up with demand. The company just didn't have manufacturing capacity to produce Ozempic and Wegovy fast enough, and shortages became common, which also opened the way for knockoff versions of the drugs to further erode Novo's market share.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Soon, Novo CEO Lars Juergensen saw his company's lead slipping. Not only was Novo's old rival eating up market share, Novo also found itself struggling to keep up with demand. The company just didn't have manufacturing capacity to produce Ozempic and Wegovy fast enough, and shortages became common, which also opened the way for knockoff versions of the drugs to further erode Novo's market share.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Soon, Novo CEO Lars Juergensen saw his company's lead slipping. Not only was Novo's old rival eating up market share, Novo also found itself struggling to keep up with demand. The company just didn't have manufacturing capacity to produce Ozempic and Wegovy fast enough, and shortages became common, which also opened the way for knockoff versions of the drugs to further erode Novo's market share.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Juergensen eventually resolved the manufacturing problem, but what investors were really after was the next breakthrough, the next Ozempic.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Juergensen eventually resolved the manufacturing problem, but what investors were really after was the next breakthrough, the next Ozempic.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

Juergensen eventually resolved the manufacturing problem, but what investors were really after was the next breakthrough, the next Ozempic.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

By then, the end of 2024 was approaching, and Novo was hyping up Kagrosima as its new breakthrough drug. It just needed to prove it with a major clinical trial. That's next. Novo Nordisk needed a big win. And its CEO, Lars Jørgensen, was hoping that Cagrosima, a drug they'd been developing to treat obesity and type 2 diabetes, would be able to deliver.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

By then, the end of 2024 was approaching, and Novo was hyping up Kagrosima as its new breakthrough drug. It just needed to prove it with a major clinical trial. That's next. Novo Nordisk needed a big win. And its CEO, Lars Jørgensen, was hoping that Cagrosima, a drug they'd been developing to treat obesity and type 2 diabetes, would be able to deliver.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

By then, the end of 2024 was approaching, and Novo was hyping up Kagrosima as its new breakthrough drug. It just needed to prove it with a major clinical trial. That's next. Novo Nordisk needed a big win. And its CEO, Lars Jørgensen, was hoping that Cagrosima, a drug they'd been developing to treat obesity and type 2 diabetes, would be able to deliver.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

The hope was that Cagrosima would be even more effective for weight loss than Eli Lilly's ZepBound.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

The hope was that Cagrosima would be even more effective for weight loss than Eli Lilly's ZepBound.

The Journal.
Ozempic Is a Hit. So Why Is the Drugmaker’s CEO Out?

The hope was that Cagrosima would be even more effective for weight loss than Eli Lilly's ZepBound.