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These new dynamics are likely to significantly expand adoption. In Morgan Stanleys base-case scenario, nearly 30% of the obese or diabetic population in the U.S

The GIP/GLP-1-receptor agonist tirzepatide was approved for the treatment of T2D by the Food and Drug Administration (FDA) in the USA for once-weekly subcutaneous injections in May 2022 and has just received a positive opinion from the European Medicines Agency (EMA)

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These medications work best as part of a broader lifestyle approach, not as standalone solutions