Gerresheimer expects 350M Euro diabetes/diet drug revenue boost by 2026-27, driven by obesity drug demand.
German packaging and medical equipment firm, Gerresheimer, expects diabetes and diet drug sales to boost its annual revenue by 350 million euros by the 2026-27 financial year. The company's CFO, Bernd Metzner, shared this outlook following the release of the first-quarter results. Obesity drugs, such as Novo Nordisk's Wegovy and Eli Lilly's Zepbound, are administered using injector pens produced by Gerresheimer, contributing to the growth in revenue.
April 11, 2024
7 Articles