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Eli Lilly, Novo waging price wars in China (LLY:NYSE)

GLP-1 related drugs newspaper headlines with hand and magnifying glass

Eli Lilly (LLY) and Novo Nordisk (NVO) are slashing prices of their GLP-1 products in China as the rivalry in the booming obesity drug market there intensifies amid local competition, according to media reports.

Shanghai-based business news outlet Yicai reported

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