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Ozempic threatens profits at food and beverage makers worldwide

Bloomberg
Bailey Lipschultz, Katrina Compoli, Angel Adegbesan(c) 2023, Bloomberg

(Bloomberg) -- A new class of weight-loss drugs has rattled global equity markets, sending shares of everything from food and beverage companies to medical-device makers tumbling. As earnings season kicks into high gear, firms are expected to reveal if consumer behaviors are being altered by the likes of Ozempic.

So far, fear has driven investors to…

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