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Biotech and Pharmaceuticals

This early stage biotech may be next play on obesity drug boom

by Akin Smith
This early stage biotech may be next play on obesity drug boom

The lucrative market for obesity drugs is dominated by two players right now, but Structure Therapeutics has the potential to enter the category with an oral GLP-1 medication, according to …

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Obesity drug from Eli Lilly helped boost weight loss to 26%

by Akin Smith
Obesity drug from Eli Lilly helped boost weight loss to 26%

The Eli Lilly logo is shown on one of the company’s offices in San Diego, California, September 17, 2020. Mike Blake | Reuters An Eli Lilly experimental drug helped patients …

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Wegovy, Ozempic: UK investigating suicide risks

by Akin Smith
Wegovy, Ozempic: UK investigating suicide risks

Packages of the weight-loss drug Wegovy from the pharmaceutical company Novo Nordisk lie on the sales counter in a Danish pharmacy. Stefan Trumpf | Picture Alliance | Getty Images U.K. …

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RSV vaccine uptake will start slower than shingles shot: GSK CEO

by Anas Siddiqui
RSV vaccine uptake will start slower than shingles shot: GSK CEO

Budrul Chukrut | Lightrocket | Getty Images GlaxoSmithKline CEO Emma Walmsley on Wednesday said she expects uptake for the company’s new RSV vaccine to start off slower than it did …

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Obesity drug Wegovy launches in Germany, but costs, waits weigh heavy

by Akin Smith
Obesity drug Wegovy launches in Germany, but costs, waits weigh heavy

Packages of the weight-loss drug Wegovy from the pharmaceutical company Novo Nordisk lie on the sales counter in a Danish pharmacy. Stefan Trumpf | Picture Alliance | Getty Images Danish …

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Morgan Stanley sees a profound shift in diabetes treatment

by Akin Smith
Morgan Stanley sees a profound shift in diabetes treatment

Morgan Stanley analysts said they are seeing a profound shift in the way diabetes is being treated, with doctors intensifying the focus on weight management, which is accelerating the uptake …

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Biogen to cut 1,000 jobs as company prepares for Leqembi launch

by Akin Smith
Biogen to cut 1,000 jobs as company prepares for Leqembi launch

A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Biogen on Tuesday said it expects to cut approximately 1,000 jobs, or about 11% of its workforce, to save costs …

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J&J to reduce Kenvue stake by 80% through stock exchange offer

by Akin Smith
J&J to reduce Kenvue stake by 80% through stock exchange offer

Kenvue, a unit of Johnson & Johnson’s consumer health business. CFOTO | Future Publishing | Getty Images Johnson & Johnson on Monday said it plans to reduce by at least …

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Pfizer Group B strep vaccine for infants returns strong trial results

by Akin Smith
Pfizer Group B strep vaccine for infants returns strong trial results

Streptococcus agalactiae bacteria, responsible for vaginal and urinary tract infections and newborn infections including meningitis and septicemia. Optical microscopy view. Cavallini James | BSIP | Universal Images Group | Getty …

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Medicaid health insurance renewals result in millions of people cut

by Anas Siddiqui
Medicaid health insurance renewals result in millions of people cut

Supporters hold up Save Medicaid signs during the Senate Democrats’ news conference at the Capitol with disability advocates to oppose the Republicans’ Graham-Cassidy health-care bill. Bill Clark | CQ-Roll Call, …

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