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Pharmaceuticals

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

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

CNBC Daily Open: Rising geopolitical risk

by Adrian Jhonsan
CNBC Daily Open: Rising geopolitical risk

Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City.  Michael M. Santiago | Getty Images This report …

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Categories World

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

Lifesaving drugs, police projects mark first use of opioid settlement cash in California

by Shawn Butlere
Lifesaving drugs, police projects mark first use of opioid settlement cash in California

By Aneri Pattani and Don Thompson | KFF Health News Sonja Verdugo lost her husband to an opioid overdose last year. She regularly delivers medical supplies to people using drugs …

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Categories Health

Inceptive CEO Jakob Uszkoreit says AI will transform pharmaceuticals

by Ev Richard
Inceptive CEO Jakob Uszkoreit says AI will transform pharmaceuticals

Before co-founding biotech startup Inceptive, Jakob Uszkoreit had an idea that would eventually make generative artificial intelligence possible. As a researcher at Google in 2017, Uszkoreit was trying to speed …

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Categories Technology

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

FDA approval of Eli Lilly’s Alzheimer’s drug cements our decision not to take profits

by Shawn Butlere
FDA approval of Eli Lilly’s Alzheimer’s drug cements our decision not to take profits

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Rally …

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Categories Health
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