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European medicines regulator recommends approval for Novo's Wegovy pill - Finance news and analysis from Global Banking & Finance Review
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European medicines regulator recommends approval for Novo's Wegovy pill

Published by Global Banking & Finance Review

Posted on May 22, 2026

3 min read

· Last updated: May 22, 2026

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EMA backs Novo's Wegovy pill, first oral weight-loss drug for Europe

By Bhanvi Satija and Kunal Das

European Medicines Agency Recommends Approval of Wegovy Pill

May 22 (Reuters) - The European Medicines Agency recommended approval of Novo Nordisk's pill Wegovy, the regulator said on Friday, clearing the way for it to become the first oral weight-loss drug in Europe, ahead of U.S. rival Eli Lilly.

Intensifying Competition in the Obesity Drug Market

The recommendation comes as competition between Novo and Lilly intensifies, with both companies seeking to grow their share of the booming obesity drug market, which analysts expect to reach over a $100 billion annually in the next decade, by expanding into oral treatments.

Early Launches and Approvals

Novo launched the oral drug in the United States earlier this year after winning FDA approval, giving it an early start. Lilly's weight-loss pill, Foundayo, was launched in April following its U.S. approval.

Details on Wegovy Pill and Clinical Results

The pill, which Novo plans to launch in some markets outside the U.S. in the second half of 2026, contains semaglutide, the same active ingredient used in its blockbuster injectable drugs Wegovy for weight loss and Ozempic for diabetes.

Convenience and Efficacy Data

The EMA said tablets may be more convenient for some patients. A 25 milligram dose of the pill helped patients lose an average 16.6% of their body weight, compared with 2.7% for those on placebo over 64 weeks in a late-stage study.

Comparison with Lilly's Drug

Unlike Lilly's drug, the Wegovy pill must be taken while fasting and without other medicines, though this is not a major barrier once patients are instructed, said Tricia Tan, professor of metabolic medicine and endocrinology at Imperial College London, adding that they might struggle to remember to take it daily. Lilly's drug is still under review by the EMA.

Market Expansion and Access Considerations

    Early U.S. prescription data for both oral drugs has supported the view that these can drive market expansion by bringing in new patients.

Regulatory Success and Patient Access

Dr. Anita Phung, research physician and medical monitor at Lindus Health said that regulatory success does not guarantee wide patient access, noting that reimbursement policies differ across Europe and injectable Wegovy is often limited to specialist services rather than primary care.

Next Steps and Additional Approvals

The recommendations will now be reviewed by the European Commission, which will give final marketing authorization. The agency also backed approval for a 7.2 mg dose Wegovy in a single pen, which is expected to be launched in the third quarter.

(Reporting by Kunal Das and Puyaan Singh in Bengaluru and Bhanvi Satija in London; Editing by Tasim Zahid and Shailesh Kuber)

Key Takeaways

  • EMA’s positive opinion clears Wegovy pill’s path to become Europe’s first oral GLP‑1 obesity drug, pending final authorization.
  • Wegovy pill already approved in the U.S. (December 2025) is driving strong demand and helping Novo Nordisk revise up its 2026 forecasts.
  • The move intensifies competition with Eli Lilly, which has also gained FDA approval for its weight‑loss pill Foundayo in April 2026.

Frequently Asked Questions

What drug did the European Medicines Agency recommend for approval?
The European Medicines Agency recommended approval for Novo Nordisk's weight-loss pill Wegovy.
Why is Wegovy's approval significant in Europe?
Wegovy is set to become the first oral weight loss drug approved in Europe.
Who are the major competitors mentioned in the article?
Novo Nordisk and U.S. rival Eli Lilly are the major competitors mentioned.
When did the European Medicines Agency announce its recommendation?
The recommendation was announced on Friday, May 22.

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