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CagriSema (semaglutide + cagrilintide), filed by Novo Nordisk in December 2025, achieved 22.7% weight loss in trials and could receive FDA approval in 2026
Company executives blamed the declining revenue on "lower research revenue" after the conclusion of the GSK collaboration exclusivity term in July 2023 as well as "lower consumer revenue from decreased [personal genome service] kit volumes and telehealth orders." 23andMe went public in early 2021 through a $3.5 billion special purpose acquisition company deal led by Sir Richard Bransons Virgin Group that was slated to deliver $984 million to its coffers
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