This is a PDF file of an article accepted, but it is not yet the definitive version of record.A new generation of anti-obesity drugs is in development or just arriving on the scene. The first, setmelanotide, has been approved for three ultrarare genetic conditions that cause obesity: proopiomelanocortin deficiency, proprotein convertase subtilisin/kexin type 1 (PCSK1, which encodes an important enzyme in the melanocortin pathway) mutation, and leptin receptor deficiency. Setmelanotide marks the initiation of a personalized medical approach to obesity. The second, 2.4 mg semaglutide once weekly, has been submitted to regulators in the United States and the European Union for approval in overweight patients (body mass index [BMI] >27 kg/m 2 ), and those with both obesity (BMI >30 kg/m 2 ) and at least one weight-related comorbidity. This drug has been studied in five phase 3 clinical trials, four of which are discussed herein: semaglutide produces roughly double the weight loss that typically occurs in patients prescribed older anti-obesity medications. Semaglutide is already approved for treatment of diabetes, and this glucagon-like peptide 1 (GLP-1) receptor analog is part of a class of drugs used widely in diabetes. The third, tirzepatide, is a glucose-insulin peptide and GLP-1 dual agonist in phase 3 trials for obesity management, and the fourth, bimagrumab is a new agent with a unique mechanism of action currently being assessed in phase 2 trials; both are generating much interest. The purpose of this narrative review is to lay the groundwork for a discussion of the clinical impact of these new medications on the clinical management of obesity. Further, we discuss the likely impact of these new anti-obesity medications on the future of obesity pharmacotherapy.