“We have to be obsessed with what our patients want,” Doustdar said Sunday in an interview at the American Diabetes Association conference in New Orleans.
On longevity, Doustdar pointed to a growing body of research suggesting the main ingredient in Novo’s drugs Ozempic and Wegovy — semaglutide — may do more than just help patients lose weight. In some studies, Novo has said the drug protects vital organs including the heart, liver and kidneys, and that these benefits appear to emerge before patients have lost significant weight.
“If it is true that semaglutide slows down a lot of those conditions as a molecule, then maybe whether we like it or not, we are already in a bit of a longevity game,” Doustdar said. “We’re sitting in the middle of fully understanding that, and of course, exploring that.”
The CEO’s comments reflect a growing belief across the drug industry that obesity medicines could eventually be used to prevent or delay some chronic diseases associated with aging. Novo itself is beginning to generate data suggesting semaglutide may actually affect biological processes linked to aging, not just body weight.
At Novo’s annual general meeting earlier this year in Copenhagen, Chairman Lars Rebien Sorensen told reporters the company was focused on understanding its consumers and finding out “what else they need.” He cited knee pain, psoriasis and inflammation as possible areas of interest, though he stressed Novo wouldn’t necessarily enter all of those fields. Lilly has prioritized programs targeting those conditions, among others like sleep apnea.
Rather than citing a specific scientific breakthrough, he framed the opportunity as an extension of Novo’s longstanding strategy of responding to market needs for improved patient outcomes. The company originally expanded into obesity after observing the challenges faced by people with diabetes, he noted.
Some analysts who attended the meeting walked away with the sense that change is afoot for Novo after a difficult period. The company’s shares have fallen more than 12.7% this year through Friday’s close amid pricing pressure and increasing competition.
“With Doustdar at the helm now, we get the sense that change is a fundamental priority, pushing the company to reevaluate historical processes regardless of how established they are,” BMO Capital Markets analyst Evan Seigerman wrote in a note on Sunday.
