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Eli Lilly and Co

Google’s Demis Hassabis tasked with turning AI research into profits

by Walter Watson
Google’s Demis Hassabis tasked with turning AI research into profits

Demis Hassabis is a celebrated name in artificial intelligence research. He’s a chess master and a neuroscientist. On Wall Street, he’s less known. That may not be true for long. …

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Eli Lilly, Novo Nordisk boost weight loss drug supply

by Akin Smith
Eli Lilly, Novo Nordisk boost weight loss drug supply

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023.  Brendan McDermid | Reuters Think a friend or colleague should …

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Amgen could threaten Novo Nordisk, Eli Lilly weight loss drug dominance

by Akin Smith
Amgen could threaten Novo Nordisk, Eli Lilly weight loss drug dominance

The injectable weight-loss medication Wegovy is available at New City Halstead Pharmacy on April 24, 2024 in Chicago, Illinois. Scott Olson | Getty Images Novo Nordisk and Eli Lilly have …

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Generative AI will be designing new drugs on its own in near future

by Walter Watson
Generative AI will be designing new drugs on its own in near future

Eli Lilly chief information and digital officer Diogo Rau was recently involved in some experiments in the office, but not the typical drug research work that you might expect to …

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Amgen soars on weight loss drug progress, Novo Nordisk, Eli Lilly slide

by Anas Siddiqui
Amgen soars on weight loss drug progress, Novo Nordisk, Eli Lilly slide

Pavlo Gonchar | Lightrocket | Getty Images Amgen‘s stock rose more than 12% on Friday after the drugmaker teased positive initial data on its experimental weight loss injection.  That fueled …

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Wegovy maker Novo Nordisk down 4%, heads for worst day since October

by Walter Watson
Wegovy maker Novo Nordisk down 4%, heads for worst day since October

Shares of Danish pharmaceutical giant Novo Nordisk slid 4% on Friday, extending a 2.7% loss on Thursday as analysts pored over the details of the firm’s first-quarter results and monitored a potential rival …

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Amgen scraps experimental weight loss pill, moves forward with injection

by Akin Smith
Amgen scraps experimental weight loss pill, moves forward with injection

The Amgen logo is displayed outside Amgen headquarters in Thousand Oaks, California, on May 17, 2023. Mario Tama | Getty Images Amgen on Thursday said it will stop developing its …

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Eli Lilly (LLY) says it can overcome high-quality problem of too much demand

by Akin Smith
Eli Lilly, Novo Nordisk boost weight loss drug supply

Eli Lilly ‘s raised guidance stole the show Tuesday, offsetting mixed first-quarter results and propelling shares higher by nearly 6%. The numbers leave little doubt that the long-term Eli Lilly …

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GEHC’s unwarranted post-earnings plunge is a buying opportunity

by Akin Smith
GEHC’s unwarranted post-earnings plunge is a buying opportunity

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. (We’re …

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Eli Lilly, 3M, PayPal, Tesla and more

by Walter Watson
Eli Lilly, 3M, PayPal, Tesla and more

Check out the companies making headlines in midday trading. Eli Lilly — Shares added 5% after Eli Lilly, maker of the Mounjaro diabetes and weight loss drug, beat analysts’ expectations …

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