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Biotech and Pharmaceuticals

Novo Nordisk’s Wegovy wins EU backing for reducing heart risks

by Adrian Jhonsan
Novo Nordisk’s Wegovy wins EU backing for reducing heart risks

Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Hollie Adams | Reuters Novo Nordisk’s blockbuster Wegovy weight loss drug has received backing from the …

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Categories World

Wegovy obesity rival to be part of a suite of weight loss drugs

by Adrian Jhonsan
Wegovy obesity rival to be part of a suite of weight loss drugs

Sopa Images | Lightrocket | Getty Images Roche said Thursday that its Wegovy rival weight loss drugs will be part of a suite of medicines aimed at combatting the effects …

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Categories World

Viking Therapeutics stock jumps on weight loss injection trial plans

by Shawn Butlere
Viking Therapeutics stock jumps on weight loss injection trial plans

Weight loss drug concept. Cr | Istock | Getty Images Shares of Viking Therapeutics jumped 16% in premarket trading Thursday after the biotech company a day earlier announced plans to …

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Categories Health

Novo Nordisk’s Wegovy wins UK approval for use to reduce heart risks

by Shawn Butlere
Novo Nordisk’s Wegovy wins UK approval for use to reduce heart risks

Novo Nordisk’s Wegovy weight loss drug has seen a meteoric rise in popularity.  Nurphoto | Getty Images LONDON — The U.K.’s health regulator on Tuesday approved the use of Novo …

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Categories Health

First Medicare drug price negotiations round nears end

by Shawn Butlere
First Medicare drug price negotiations round nears end

Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services building in Washington, D.C., on Oct. 6, 2022. Anna Moneymaker | …

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Categories Health

Lawmakers unveil PBM reform bill amid rising drug costs

by Shawn Butlere
Lawmakers unveil PBM reform bill amid rising drug costs

Feverpitched | Getty Images Bipartisan lawmakers introduced a new bill on Tuesday that aims to crack down on the business practices of drug supply chain middlemen who are widely accused …

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Categories Health

Novo Nordisk, Eli Lilly shares slide on Roche’s obesity drug trial

by Adrian Jhonsan
Novo Nordisk, Eli Lilly shares slide on Roche’s obesity drug trial

A photo showing the logo of Swiss pharmaceutical giant Roche in Basel. SEBASTIEN BOZON | AFP | Getty Images Novo Nordisk and Eli Lilly shares slid Wednesday after Roche announced …

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Categories World

Ozempic may lower dementia risk, nicotine use

by Shawn Butlere
Ozempic may lower dementia risk, nicotine use

A box of Ozempic made by Novo Nordisk is seen at a pharmacy in London, Britain March 8, 2024. Hollie Adams | Reuters Think a friend or colleague should be …

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Categories Health

Drugmakers are racing to develop weight loss pills

by Shawn Butlere
Drugmakers are racing to develop weight loss pills

Aykut Karahan | Istock | Getty Images Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good afternoon! Several drugmakers are hurrying to capitalize …

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Categories Health

Novo Nordisk weight loss drugs linked to rare eye condition: study

by Shawn Butlere
Novo Nordisk weight loss drugs linked to rare eye condition: study

A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023.  George Frey | Reuters Novo Nordisk investors appeared unperturbed Thursday by a …

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Categories Health
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