By Bhanvi Satija
LONDON, Nov 12 (Reuters) - WeightWatchers' CEO
said on Wednesday it plans to sell Novo Nordisk's
much-anticipated Wegovy in pill form if it is launched next year
in the United States, deepening its tie-up with the Danish
obesity drugmaker.
The collaboration is a potential boost for WeightWatchers as
it emerges from bankruptcy and highlights its commitment to sell
branded obesity drugs, unlike rivals that push cheaper copies in
a highly competitive market.
"We have been working with Novo Nordisk ahead of time to
support the launch of oral weight-loss medication,"
WeightWatchers CEO Tara Comonte said in an interview.
"A lot of people don't want an injection. And the
convenience of a pill is going to be huge," she said.
Weight loss pills from Novo and rival Eli Lilly ( LLY ) are
under consideration for a new, speedy U.S. review pathway that
can shave months from the normal approval process.
WeightWatchers could keep more customers on its platform
than telehealth rivals, as doctors expect U.S. patients to
switch to the branded medicines once prices come down under a
deal announced last week by the White House.
Lilly and Novo agreed to slash prices of their popular GLP-1
injectable drugs for U.S. government health programs and
cash-paying customers.
Starter doses of the weight-loss pills, if approved, will
cost $149 a month for Medicare and Medicaid enrollees and for
cash payers through the U.S. administration's new TrumpRx site.
"Anything that brings pricing down for these medications is
good for WeightWatchers," Comonte said.
WeightWatchers is also trying to gain a stronger foothold in
women's health, including through tailored programs that offer
GLP-1 medicines and hormone replacement therapy.
Outside of the U.S., Germany and the UK are major markets
for WeightWatchers, which had 4 million subscribers worldwide at
the end of 2023.