Ozempic and other drugs like it have been threatening the more traditional weight loss industry since they premiered — and it appears that Weight Watchers is the first to get the hatchet. In a note to investors, the long-running weight loss company is taking the "strategic action" of filing for bankruptcy in hopes of consolidating the $1.15 billion dollars worth of debt. The move comes nearly eighteen months after Oprah Winfrey, a Weight Watchers investor who served as the celebrity face and body of the diet company, admitted that she had taken weight loss drugs like Novo Nordisk's Ozempic and […]

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Link :
https://futurism.com/neoscope/weight-watchers-bankruptcy