European medicines regulator recommends approval for Novo's Wegovy pill

Eli Lilly and Company

Eli Lilly and Company

LLY

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- The European Medicines Agency recommended approval for Novo Nordisk's NOVOb.CO weight-loss pill Wegovy, the regulator said on Friday, clearing its path to become the first oral weight loss drug in Europe, ahead of U.S. rival Eli Lilly LLY.N.