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Biotech and Pharmaceuticals

A Limited Number of Patients Maintain Wegovy Usage Beyond One Year

by Shawn Butlere
A Limited Number of Patients Maintain Wegovy Usage Beyond One Year

A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, March 31, 2023. Jim Vondruska | Reuters Only around one-third …

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Categories Health

Investigation into Ozempic’s suicide risks widened by EU

by Shawn Butlere
Investigation into Ozempic’s suicide risks widened by EU

In this photo illustration, boxes of the diabetes drug Ozempic rest on a pharmacy counter in Los Angeles, April 17, 2023. Mario Tama | Getty Images The European Union’s drug …

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Categories Health

Opill without prescription may not be covered by insurance

by Craig Fedirighi
Opill without prescription may not be covered by insurance

A package of the daily contraceptive Opill is seen in an undated illustration. Perrigo | via Reuters The first birth control pill sold without a prescription in the U.S. could …

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Categories Business

Illumina Receives Unprecedented EU Fine for Grail Deal

by Shawn Butlere
Illumina Receives Unprecedented EU Fine for Grail Deal

Rafael Henrique | Lightrocket | Getty Images European Union regulators on Wednesday fined Illumina a record 432 million euros ($476 million) for closing its acquisition of cancer test developer Grail …

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Categories Health

Recursion, a biotech company, receives investment from Nvidia for AI-powered drug discovery

by Craig Fedirighi
Recursion, a biotech company, receives investment from Nvidia for AI-powered drug discovery

A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan. Sopa Images | Lightrocket | Getty Images Chipmaker Nvidia will invest $50 million in Recursion Pharmaceuticals to …

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Categories Business

FDA affirms safety of aspartame, diverges from WHO’s potential cancer connection

by Shawn Butlere
FDA affirms safety of aspartame, diverges from WHO’s potential cancer connection

Cans of PepsiCo’s Pepsi Zero Sugar soda are displayed for an arranged photograph taken in Tiskilwa, Illinois, on Wednesday, April 17, 2019. Daniel Acker | Bloomberg | Getty Images The …

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Categories Health

Q2 2023 Earnings Report for UnitedHealth Group (UNH)

by Craig Fedirighi
Q2 2023 Earnings Report for UnitedHealth Group (UNH)

Representatives speak with customers at a UnitedHealthcare store in Queens, New York. Michael Nagle | Bloomberg | Getty Images UnitedHealth Group’s stock price jumped Friday after the health-care conglomerate reported …

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Categories Business

Eli Lilly Announces $1.9 Billion Acquisition of Versanis, an Obesity Drug Manufacturer

by Adrian Jhonsan
Eli Lilly Announces .9 Billion Acquisition of Versanis, an Obesity Drug Manufacturer

Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain. Cristina Arias | Cover | Getty Images Eli Lilly on Friday said it will acquire Versanis, a privately held …

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Categories World

Judge asked by Chamber of Commerce to block Medicare drug negotiations

by Shawn Butlere
Judge asked by Chamber of Commerce to block Medicare drug negotiations

The U.S. Chamber of Commerce seal is displayed during restoration at the headquarters in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images The U.S. Chamber of Commerce on Wednesday …

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Categories Health

HHS Calls for Fair Pricing of Updated Covid Vaccines

by Craig Fedirighi
HHS Calls for Fair Pricing of Updated Covid Vaccines

A nurse prepares doses of the Pfizer vaccine during a COVID-19 vaccination event at Josephine’s Southern Cooking in Chatham, Illinois, Dec. 30, 2021. Brian Cassella | Tribune News Service | …

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Categories Business
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