Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / articles / nestle carefully targets weight loss drug users with mwn benzinga


NVS - Nestle Carefully Targets Weight-Loss Drug Users with New Food Line | Benzinga

Last month, Nestlé SA (OTC:NSRGF) (OTC:NSRGY) unveiled Vital Pursuit, a new line of foods designed to complement GLP-1 weight loss medications and aid consumers focused on weight management

The European food giant said the company will not mention the weight loss drugs on the packaging.

Tom Moe, President of Meals at Nestle USA, stated that the company’s Vital Pursuit line would be marketed primarily through social media to avoid regulatory issues.

“We won’t directly make the connection (to the drugs) on the food package,” Moe emphasized in a Reuters report.

This decision highlights the regulatory uncertainties that global food companies face when targeting the growing market of people using appetite-suppressing medications, such as Novo Nordisk A/S’s (NYSE:NVS) Wegvoy and Eli Lilly And Co’s (NYSE:LLY) Zepbound.

The medications, known ...

Full story available on Benzinga.com

Stock Information

Company Name: Novartis AG
Stock Symbol: NVS
Market: NYSE

Menu

NVS NVS Quote NVS Short NVS News NVS Articles NVS Message Board
Get NVS Alerts

News, Short Squeeze, Breakout and More Instantly...