Ozempic/Wegovy Hurts Walmart

Last week was eye-opening in the food world when John Furner, who's the president and CEO of Walmart US operations, talked about the impact that Ozempic is having on his basket size for his customers. Now the interesting thing is that obviously Walmart sells Ozempic and through Wegovy as their pharmacies. So yes, they're, they're losing a little bit money there. But really what it's done is it's woken up the industry to the fact that we're going to have some severe changes. The average person who's on Wegovy/Ozempic or decreased Wegovy by about 15 percent. It is projected that 7 percent of the population is going to be on weight loss drugs by 2035. 

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