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Ozempic Is Coming For Gyms. Here’s How They’re Responding

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Ozempic Is Coming For Gyms. Here’s How They’re Responding

OZEMPIC: America’s gyms are changing their approach as more members use weight loss medicines.

Luxury gyms such as LifeTime are acquiring weight loss clinics with doctors who can prescribe GLP-1s, a powerful new class of medications that have proven extremely effective in helping people lose weight. Equinox is developing exercise programs specifically for people taking the medications.

ozempic

Ozempic Is Coming For Gyms. Here’s How They’re Responding

The industry is facing a big transformation as Baby Boomers age out of the normal gym-going populace, and new drugs make it simpler to lose weight. Oprah’s well-known WeightWatchers commercials are gone (the company’s stock dropped last week after she announced her resignation from the board), and doctors and strength training are in.

Ozempic, Wegovy and other GLP-1 prescription medications have spread throughout the country’s affluent populations. During the final three months of 2022, US healthcare providers wrote over 9 million prescriptions for Wegovy and other injectable weight loss medications. According to JPMorgan researchers, 30 million people in the United States may be on GLP-1 drugs by 2030, accounting for approximately 9% of the population.

While the total impact of GLP-1s is unknown, gyms want to ensure they are included in the transition to weight reduction medicines. The industry has previously made billions of dollars from people who want to lose weight.

However, gyms are still mostly about muscle development. Ozempic Muscle loss is a typical side effect experienced by some people using these drugs. So, gyms are now marketing their brands to existing members who indicate they are on GLP-1s, hoping to add memberships in the future when people on these prescriptions look to maintain and grow muscle.

Some analysts believe Planet Fitness and other low-cost gym businesses will gain from the growth of these drugs as prices fall. Currently, most Americans cannot afford GLP-1 drugs, which cost $1,000 or more per month.

ozempic

Ozempic Is Coming For Gyms. Here’s How They’re Responding

“In a world where GLP-1s become widely available, gyms from Planet Fitness to the highest-end brands are likely to launch marketing campaigns aimed at increasing their membership bases,” said Simeon Siegel, an analyst at BMO Capital Markets, who follows fitness companies.

Weight loss specialists and personal trainers
Life Time has opened a clinic where members can receive personalized weight loss instruction and access to doctors who can prescribe GLP-1 drugs to those who qualify.

People taking GLP-1s “will want the right professional facilities, professional personal trainers, and nutritionists to help them,” said Bahram Akradi, CEO of Life Time, during an earnings call on Wednesday. We are confident that this [GLP-1] mega trend will be particularly positive for Life Time.”

Equinox has launched a “GLP-1 protocol,” a personal training program for members using these medications to preserve muscle mass. The corporation stated that it created the initiative to respond to member inquiries about GLP-1s.

According to Equinox, the plan offers a “targeted fitness program [that] can help you retain and build muscle during the process.”

Xponential Fitness, which owns boutique brands like Club Pilates, Rumble, and Pure Barre, has bought a chain of weight loss medical clinics in Southern California staffed by doctors who can prescribe GLP-1s.

Budget gyms, such as Planet Fitness, believe GLP-1s will help them recruit first-time gym customers who wish to prevent muscle loss. Some analysts agree.

“If this goes mainstream, I believe gyms and fitness centers will find a brand new set of potential members,” Siegel said. “This could bring in people who never stepped foot into the gym into having a new view of your health.”

However, some fitness industry watchers believe it is too early to determine how GLP-1 users would exercise and the influence on clubs.

“It is still too early to discuss the use of weight loss drugs and the role of clubs,” said Rick Caro, president of Management Vision, a fitness consulting organization.

ozempic

Ozempic Is Coming For Gyms. Here’s How They’re Responding

Industries planning for the Olympic future
The gym business is one of many attempting to prepare for a future where more individuals use such substances.

These medications, glucagon-like peptide 1 or GLP-1 receptor agonists, were created to treat type 2 diabetes. (Ozempic has not been licensed for weight loss by regulators, but a comparable medicine, Wegovy, has.)

WeightWatchers has introduced a new membership plan for individuals that provides access to doctors who can prescribe these drugs. It also paid over $100 million to acquire Sequence, a telemedicine company that provides patients with virtual prescriptions for these weight reduction medications when appropriate.

Food firms also expect GLP-1 consumers to buy fewer sugary snacks and beverages.

Last year, JPMorgan reported that current GLP-1 users purchased approximately 8% less food — including snacks, soft drinks, and high-carb goods — than those who did not take these drugs.

Nestlé intends to invest more in nutritional goods that it claims provide “benefits” to those taking GLP-1 medications, such as its Opifast high-protein drinks.

SOURCE – (CNN)

Kiara Grace is a staff writer at VORNews, a reputable online publication. Her writing focuses on technology trends, particularly in the realm of consumer electronics and software. With a keen eye for detail and a knack for breaking down complex topics, Kiara delivers insightful analyses that resonate with tech enthusiasts and casual readers alike. Her articles strike a balance between in-depth coverage and accessibility, making them a go-to resource for anyone seeking to stay informed about the latest innovations shaping our digital world.

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Eli Lilly Invests $5.3 Billion to Address Mounjaro and Zepbound Shortages

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Mounjaro and Zepbound
Demand for the weight loss and diabetes drugs has outpaced its supply: Getty Images

Eli Lilly, the American pharmaceutical company, has announced that it will invest an additional $5.3 billion in a new manufacturing site to increase production of its weight loss and diabetic drugs Mounjaro and Zepbound.

Over the last year, demand for Mounjaro and Zepbound has significantly surpassed supply, resulting in shortages in the United States and requiring the pharmaceutical giant to invest extensively to scale up its manufacturing.

This latest commitment raises Eli Lilly’s total investment in the site to $9 billion. Eli Lilly’s CEO, David Ricks, stated that this is the company’s largest production investment in nearly 150 years.

Eli Lilly intends the Lebanon location to begin producing medications by the end of 2026 and expand operations through 2028. The corporation first revealed plans to establish new Indiana locations in 2022.

The investment will create 200 full-time jobs at the site, including roles for engineers, scientists, operating workers, and lab technicians, increasing the total workforce to 900 full-time employees, according to Eli Lilly.

Mounjaro and Zepbound have “limited availability”

Eli Lilly expects production at the site to begin at the end of 2026, with operations ramping up through 2028.

According to the Food and Drug Administration, most injections of Mounjaro and Zepbound have “limited availability” in the United States due to growing demand for both medications.

Eli Lilly’s shares, which are up 39% this year, increased marginally to $808.69 on the announcement, according to Forbes.

In recent years, Eli Lilly has concentrated on increasing manufacturing following good research results for tirzepatide. In November, the FDA approved the drug—previously licensed for treating diabetes as Mounjaro—for weight reduction treatment under the brand name Zepbound, joining other weight loss drugs such as Novo Nordisk’s Ozempic and Wegovy.

The popularity of injectable weight-loss treatments has resulted in shortages of all four medications, forcing Novo Nordisk and Eli Lilly to increase manufacturing efforts.

Earlier this year, Eli Lilly raised its full-year revenue estimates by $2 billion, citing “production expansion.”

Source: Forbes

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Tick Season Has Arrived. Protect Yourself With These Tips

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Black-legged tick: Image AP

FORT COLLINS, CO – Tick season has begun across the United States, and experts warn that bloodsuckers may be as prevalent as ever. According to some analysts, another warm winter and other favorable variables will most certainly result in the 2024 tick population being equal to or higher than the previous year.

“It’s very bad and has only been getting worse,” said the Centers for Disease Control and Prevention Susanna Visser.

Rising ticks are spreading into new locations, bringing unique diseases. Exotic southern species, such as the Gulf Coast and lone star ticks, are being found in New York and other northern states, for example.

However, the tick that experts warn about the most is the common black-legged tick, which lives primarily in forests and transmits Lyme disease. Infection rates peak in May, with US health officials estimating that roughly half a million Lyme infections occur yearly.

Here is a peek at what to expect this year and how to protect yourself.

ticks

Black-legged tick: Image AP

TICK FACTS.

Ticks are little, eight-legged, bloodsucking parasites (arachnids, not insects) that prey on animals and occasionally humans. Some ticks carry illness-causing bacteria, which they spread when they bite.

There is no widely recognized estimate of the number of ticks that exist each year, but scientists agree that ticks are becoming an increasingly widespread health threat in significant parts of the United States.

Blacklegged ticks, commonly known as deer ticks because they feed on deer, are some of the most common in the eastern portion of the United States. They were abundant centuries ago, then declined when woods were cut down, and deer were hunted before rebounding alongside deer in wooded suburbs. Ticks have expanded from New England and the Midwest to the South and Great Plains.

Tick populations fluctuate throughout the year for various reasons. They prefer warm, humid weather and can be seen after a mild winter. The number of deer and mice available to feed is also important.

Researchers estimate that the black-legged tick population has been growing for at least four decades.

“This is an epidemic in slow motion,” stated Rebecca Eisen, a CDC research scientist and tick expert.

ticks

Black-legged tick: Image AP

2024 TICK SEASON FORECAST

Weather can influence the severity of a tick season.

Very cold, dry winters can reduce tick numbers, but recent winters have been mild, which some ascribe to climate change.

Scott Williams, a tick researcher at the Connecticut Agricultural Experiment Station, stated, “Winters are no longer limiting the tick population.”

Ticks can endure high temperatures but tend to hibernate during a dry summer. That happened in Maine from 2020 to 2022, according to Chuck Lubelczyk, a vector ecologist at the MaineHealth Institute for Research.

However, last year was exceptionally wet, and tick activity increased in Maine, the state with the highest prevalence of Lyme disease in the nation. The weather service predicts increased temperatures and precipitation, so “on paper, at least, it could be a very good year for the ticks,” Lubelczyk added.

Because of the warm winter in Wisconsin, adult ticks remained active longer than usual. The tick nymphs are emerging, and a wet spring is paving the way for a large population, according to Xia Lee, an entomologist with the Wisconsin Department of Health Services.

The same holds for New York.

“It will be as bad as last year, if not worse,” said Saravanan Thangamani, a tick and tickborne illness researcher at SUNY Upstate Medical University in Syracuse.

What is Lyme Disease?

Not all ticks contain disease-causing germs; researchers anticipate that 20% to 30% of black-legged tick nymphs emerging in the Northeast and Midwest during spring and summer will carry the Lyme disease bacteria

Lyme disease symptoms often appear three to thirty days following a bite, including fever, headache, lethargy, and a bull’s-eye-like rash. If you are bitten and develop symptoms, visit a doctor to be treated with antibiotics.

ticks

Black-legged tick: Image AP

HOW TO KEEP TICKS AWAY FROM YOU

According to experts, the best course of action is to prevent getting bitten by a tick in the first place.

When you go outside, take note of woody regions and where grassy lands begin to blend into wooded ones. Ticks typically perch on ankle-level plants with extended upper legs, waiting to latch on to an unwary dog or human.

Try to walk in the middle of the walkway, wear light-colored, permethrin-treated clothing, and apply EPA-registered insect repellents.

How to Check for Ticks

When you get inside, check for ticks. They can be found anywhere on the human body, but the most common locations are around the waist, below the knees, between the fingers and toes, underarms, around the belly button, and the neck or hairline

They are more difficult to see while young, so inspect them closely and promptly remove them with tweezers.

The CDC does not advocate submitting individual ticks to testing services for analysis since a person may receive more than one tick bite, and the results of the tested tick may not provide enough information.

SOURCE – (AP)

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Bike Shops Boomed Early In The Pandemic. It’s Been A Bumpy Ride For Most Ever Since

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Bike Shop: Image Pixa Bay

For the nation’s bicycle stores, the last several years have certainly felt like the business version of the Tour de France, with innumerable twists and turns testing their stamina.

Early in the pandemic, a surge in interest in cycling drove sales up 64% to $5.4 billion in 2020, according to Circana, the retail tracking firm. It wasn’t uncommon for some stores to sell 100 or more bikes in a few days.

The boom did not last. Due to pandemic-related supply chain challenges, the retailers sold out of bikes and struggled to replenish. Inventory has caught up, but fewer people require new bicycles. Bicycle manufacturers have started lowering prices to clear off excess inventory. It all adds up to a challenging climate for retailers, with a few bright areas such as dirt and e-bikes.

“The industry had a hard time keeping up with demand for a couple of years, but then demand slowed as the lockdowns ended, and a lot of inventory started showing up,” said Stephen Frothingham, editor-in-chief of Bicycle Retailer & Industry News. “So now for the last, a year and a half, the industry has struggled with having too much inventory, at the supplier level, at the factory level, at the distributor level, at the retail level.”

Circana reports that bike sales will reach $4.1 billion in 2023, up 23% from 2019 but down 24% from 2020. The recovery from the epidemic has been uneven, with large businesses such as REI and Scheels recovering faster than independent bike shops, according to Matt Tucker, director of client development for Circana’s sports equipment business.

bike

Bike Shop: Image Pixa Bay

Bike Shops Boomed Early In The Pandemic. It’s Been A Bumpy Ride For Most Ever Since

John McDonell, owner of Market Street Cycles on San Francisco’s famed Market Street, says the pandemic’s shift to hybrid labor has been especially difficult for business. During the summer, 3,000 bikes would pass by his shop each day. With fewer individuals commuting to work, that number has dropped to less than 1,000.

According to Pacer.ai, which tracks people’s activities based on smartphone usage, San Francisco falls behind all other major cities regarding workers returning to work, with office visits down 49% from April 2019.

“Our downtown is still a wasteland,” McDonell explained.

Independent bike stores now compete not only with national chains but also with bike manufacturers such as Specialized and Trek. These companies have been buying bike shops and selling their bikes directly to customers, thus eliminating the middleman. According to Frothingham, there are now over 1,000 bike shops in the country that are either owned by Trek or Specialized.

“They’ve got the money to absorb the fact that bike stores, you know, are not a super profitable thing, and in the process, they’ve also been able to cut us out of it,” McDonell stated.

McDonell has been obliged to use a skeleton team of himself and another employee, down from five earlier. His desire to sell his shop to a younger bike enthusiast when he retires is diminishing. He might close his store when his lease expires in a few years.

bike

Bike Shop: Image Pixa Bay

Bike Shops Boomed Early In The Pandemic. It’s Been A Bumpy Ride For Most Ever Since

“Now I am just trying to land it with both engines on fire and trying not to lose money on my way out,” he stated

Douglas Emerson’s bike business, University Bicycles, in Boulder, Colorado, is doing better, thanks to its placement in one of the country’s most popular biking destinations. He’s owned the shop for 39 years and employs 30 people.

University Bicycles, like other bike retailers, experienced a surge in bike sales due to the pandemic. Emerson recalls selling 107 bicycles in 48 hours. However, immediately following the boom, sales fell considerably due to a lack of inventory, and rentals declined because no one was traveling.

“It became a struggle right after the boom,” Emerson explained. “Since then, manufacturers have overproduced.” In addition, they have significantly reduced prices, which benefits consumers. However, tiny retailers generally cannot take advantage of those discounts.”

Emerson claims the shop hit a “saturation point” when everyone who wanted a bike purchased one. He now sells these consumer items such as jackets, helmets, and locks. His store has returned to its 2019 sales figures.

University Bicycles has also benefited from some of the changes in purchasing trends. The continued strong demand for e-bikes and the increased need for children’s bikes have contributed. Gravel bikes, which can be ridden on both paved and dirt routes, are displacing road cycles as a top seller.

John Ruger, a 50-year biker and faithful University Bicycles client, hasn’t purchased a bike in ten years but intends to buy a gravel bike at present costs. He says a top gravel bike he’s interested in, which would normally cost $12,000 to $14,000, is presently on sale for $8,000.

bike

Bike Shop: Image Pixa Bay

Bike Shops Boomed Early In The Pandemic. It’s Been A Bumpy Ride For Most Ever Since

“The timing is good,” he remarked. “I can get a bike now because they’re less expensive and my bikes are getting old.”

Shawna Williams, the owner of Free Range Cycles in Seattle, Washington, did not see the same sales boom as others because her 700-square-foot business was so small that she only accepted customers by appointment from March 2020 to May 2021.

However, Williams did have to deal with the coming shortages. She spent a great deal of time “checking in with other shops to see if we could buy something, even at retail, from them, just in order to get a repair done or a build done.”

She expanded her service offerings, such as repairs and maintenance, to compensate for decreasing bike sales. Despite the epidemic, the maneuvering allowed her to maintain consistent overall sales.

“Bike sales, the way that I have kind of framed the shop, are an awesome bonus, but we really need to be sustaining the shop through repair and, like, thoughtful accessory sales,” Williams stated. “A bike sale to me, if we do things well, that means creating a customer for life.”

SOURCE – (AP)

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