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Ozempic, which also contains the same active ingredient, semaglutide, was FDA-approved in 2017 for controlling blood sugar levels in adults with type 2 diabetes

Patients must also take a trial of phentermine, an older drug chemically related to amphetamines and still widely used for weight loss, before they can be approved for GLP-1s

Looking at the GLP-1 peptide margin stack , Anthem earns margins very similar to Bachem at every stage: 30% in discovery, 35% in route-scouting, 42% in clinical pilots, and 46% in commercial production (vs Bachems 28%, 33%, 39%, and 48%)