Boxes of the diabetes drug Ozempic can be seen in this captivating photo illustration taken at a pharmacy counter in Los Angeles on April 17, 2023. Mario Tama | Getty Images The European Union’s drug regulator announced on Tuesday that it has expanded its investigation into the potential risk of patients experiencing suicidal thoughts and …
A photo illustration of injector pens for the Wegovy weight loss drug in Chicago. (Jim Vondruska | Reuters) Only about one-third of patients prescribed Novo Nordisk’s blockbuster injection Wegovy continued taking it after a year, while the overall healthcare costs for the entire group skyrocketed, according to a recent analysis shared with CNBC. The analysis, …
A group of doctors has advised that individuals using diabetes and weight loss drugs like Novo Nordisk’s Ozempic and Wegovy should discontinue their use prior to elective surgery in order to reduce the potential for serious health complications. The American Society of Anesthesiologists (ASA), an organization comprised of over 53,000 anesthesiology physicians, released interim guidance …
An arrangement of drugs, with an Eli Lilly & Co. logo on a box of insulin medication, is showcased at a pharmacy in Princeton, Illinois (as seen in the attached photograph). Drug manufacturers are currently vying for the opportunity to benefit from the next groundbreaking innovation in the weight loss industry: effective, convenient, and potentially …
A gentleman exits Walgreens pharmacy in New York City on March 09, 2023. Credits: Leonardo Munoz | Corbis News | Getty Images Discover the top-performing companies during premarket trading: Walgreens Boots Alliance — The leading retail pharmacy chain experienced a decline of approximately 7% after revising its full-year earnings projection to $4 to $4.05 per …
Eli Lilly and Company, a pharmaceutical company based in Alcobendas, Madrid, Spain, has achieved remarkable results in the obesity treatment space. According to recent mid-stage clinical trial results, their experimental drug has helped patients lose up to 24% of their weight over nearly a year, marking the highest reduction seen in this field so far. …
Novo Nordisk, a leading pharmaceutical company, has announced that its high-dose experimental obesity pill has shown promising results in helping overweight or obese adults lose around 15% of their body weight. This comes from the latest findings of a late-stage clinical trial. The data was presented at a diabetes conference and Novo Nordisk plans to …
Pavlo Gonchar | Lightrocket | Getty Images Pfizer announced on Monday that it will discontinue the development of its experimental obesity and diabetes pill, lotiglipron. This decision was made due to increased levels of liver enzymes observed in patients who took the drug once a day during mid-stage clinical studies. Higher levels of liver enzymes …
During morning trading on April 10, 2023, traders can be seen working on the floor of the New York Stock Exchange. Michael M. Santiago | Getty Images The Biden administration is facing legal action from the pharmaceutical industry’s largest lobbying group, along with two other organizations, over Medicare’s new authority to lower drug prices for …
It is not uncommon for a company’s stock price to fluctuate significantly based on changes in its CEO. Mary Dillon, who had a successful tenure at Ulta Beauty, experienced a 20% increase in Foot Locker’s stock price when she was appointed as its CEO. This demonstrates the significant impact a CEO can have on a …