Weight loss drug ETF bets big on Eli Lilly, Novo Nordisk

Weight loss drug ETF bets big on Eli Lilly, Novo Nordisk

A top exchange-traded fund provider is betting on the long-term popularity of GLP-1 weight loss drugs. Roundhill Investments’ GLP-1 & Weight Loss ETF (OZEM), which began trading last week, pairs leaders Eli Lilly and Novo Nordisk with players developing new treatments for weight loss and diabetes. CEO Dave Mazza said his firm is capitalizing on … Read more