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Biotechnology

Weight loss pill could become a best-in-class drug

by Anas Siddiqui
Weight loss pill could become a best-in-class drug

Novo Nordisk CEO Lars Fruergaard Jørgensen on Friday said the company’s experimental weight loss pill, amycretin, could eventually become a best-in-class treatment for obesity.  The Danish drugmaker is racing to …

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Eli Lilly Alzheimer’s drug FDA approval delayed

by Akin Smith
Eli Lilly Alzheimer’s drug FDA approval delayed

Eli Lilly headquarters in Indianapolis, Indiana, US, on Wednesday, May 3, 2023. Eli Lilly & Co.’s shares climbed in early US trading after its experimental drug for Alzheimer’s slowed the …

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Cigna to cap insurance spending

by Anas Siddiqui
Cigna to cap insurance spending

Injection pens of Novo Nordisk’s weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023. Victoria Klesty | Reuters Cigna on Thursday said it will …

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Medicare should negotiate prices for 50 drugs each year

by Akin Smith
Medicare should negotiate prices for 50 drugs each year

US President Joe Biden speaks during an event at the National Institutes of Health (NIH) in Bethesda, Maryland, US, on Thursday, Dec. 14 2023.  Chris Kleponis | Bloomberg | Getty …

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Novo Nordisk Ozempic cuts risk of kidney disease progression

by Akin Smith
Novo Nordisk Ozempic cuts risk of kidney disease progression

This picture taken on October 23, 2023, shows Ozempic medication boxes, an injectable antidiabetic drug, in a pharmacy in Riedisheim, eastern France.  Sebastien Bozon | Afp | Getty Images Novo …

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Viking Therapeutics emerges as competitor

by Anas Siddiqui
Viking Therapeutics emerges as competitor

Cr | Istock | Getty Images Biotech company Viking Therapeutics has emerged as a strong potential entrant — or takeover target — in the budding weight loss drug market.  Viking …

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CVS, Walgreens to start selling abortion pill mifepristone this month 

by Anas Siddiqui
CVS, Walgreens to start selling abortion pill mifepristone this month 

A container holding boxes of mifepristone, the first medication in a medical abortion, are prepared for patients at Alamo Women’s Clinic in Carbondale, Illinois, on April 20, 2023. Evelyn Hockstein …

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Medicare drug price negotiations: Judge rejects AstraZeneca challenge

by Akin Smith
Medicare drug price negotiations: Judge rejects AstraZeneca challenge

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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Pfizer RSV vaccine protects older adults over two seasons

by Akin Smith
Pfizer RSV vaccine protects older adults over two seasons

Respiratory syncytial virus vial. Manjurul | Istock | Getty Images Pfizer‘s vaccine against respiratory syncytial virus maintained protection for older adults across two full seasons of the disease in an …

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Novavax (NVAX) earnings report Q4 2023

by Anas Siddiqui
Novavax (NVAX) earnings report Q4 2023

Shares of Novavax fell more than 20% on Wednesday after the vaccine maker reported fourth-quarter revenue and earnings that missed Wall Street’s estimates and said it expects full-year 2024 sales …

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