July 29 (Reuters) - Swiss drugmaker Roche plans
to accelerate the development of its anti-obesity drugs to
challenge rivals like Eli Lilly ( LLY ) and Novo Nordisk
in the booming market, the Financial Times reported
on Monday.
Roche is among a growing number of would-be rivals to Novo
and Eli Lilly ( LLY ), whose weight-loss injections have been in
feverish demand, with experts boosting their sales forecasts for
such treatments to as much as $150 billion by the early 2030s.
Roche CEO Thomas Schinecker told the newspaper that their
first obesity drugs would come to market "significantly faster
than people are expecting," potentially by 2028.
The company said earlier this month that its second drug
candidate, an experimental once-daily pill, which it acquired
from its purchase of Carmot Therapeutics yielded positive
results in an early-stage trial.
Schinecker told FT that Roche could have "around seven"
drugs from the Carmot acquisition, with several in an earlier
stage of development.
Roche did not immediately respond to Reuters' request for
comment.
(Reporting by Mrinmay Dey in Bengaluru; Editing by Varun H K)