Eli Lilly, Novo Nordisk weight loss drugs [Video]

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Novo Nordisk and Eli Lilly have so far dominated the booming market for a class of weight loss and diabetes drugs. 

But Eli Lilly may be starting to gain an edge over its Danish competitor in the two-horse race to capitalize on the soaring demand for those treatments, also known as GLP-1s. 

That became clear last week after the pair reported their respective second-quarter earnings. 

“Lilly is pulling ahead in the metabolic duopoly,” BMO Capital Markets analyst Evan Seigerman said in a research note Thursday. 

On Aug. 7, Novo Nordisk trimmed its full-year profit outlook after reporting that quarterly sales of its weight loss injection Wegovy came in well below Wall Street’s expectations. The disappointing result …