New York CNN —America’s gyms are adjusting their strategies as more of their members take weight loss drugs.
JPMorgan researchers estimate that 30 million people may be taking GLP-1 drugs by 2030, or around 9% of the US population.
For now, GLP-1 medications are prohibitively expensive for most Americans, costing about $1,000 or more a month.
(Ozempic has not been approved for weight loss by regulators, though Wegovy, a similar drug, has.)
It also made a $100 million-plus deal to buy Sequence, a telehealth business that offers virtual prescriptions to patients for these weight loss drugs where appropriate.
Persons:
”, Simeon Siegel, Bahram Akradi, “, Amanda Edwards, ” Siegel, Rick Caro, Jaap Arriens, WeightWatchers
Organizations:
New, New York CNN, Boomers, JPMorgan, Fitness, BMO Capital Markets, Management, Industries
Locations:
New York, Ozempic, Barre, Southern California