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Novo Nordisk A/S

Novo Nordisk shares jump 7% on promising weight loss trial results; Eli Lilly dips

by Akin Smith
Novo Nordisk shares jump 7% on promising weight loss trial results; Eli Lilly dips

Jonathan Raa | Nurphoto | Getty Images Novo Nordisk shares climbed 7% on Thursday, hitting a fresh record high after the Danish pharmaceutical giant reported positive early trial data for …

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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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Europe is having its worst earnings season since the onset of Covid

by Ron Morgan
Europe is having its worst earnings season since the onset of Covid

Arc of Triomphe Paris, Champs-Elysees France at night vichie81 / iStock / Getty Images Plus LONDON — Around a half of European companies missed earnings expectations in the latest reporting …

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Here is Eli Lilly’s competitive edge in GLP-1 obesity drugs and Abbott’s secondary play

by Akin Smith
Here is Eli Lilly’s competitive edge in GLP-1 obesity drugs and Abbott’s secondary play

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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Markets brace for Fed’s key inflation gauge

by Walter Watson
Markets brace for Fed’s key inflation gauge

A trader works during the closing bell at the New York Stock Exchange (NYSE) on March 17, 2020 at Wall Street in New York City.  Johannes Eisele | Afp | …

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Wall Street on edge over Fed’s key inflation gauge

by Walter Watson
Wall Street on edge over Fed’s key inflation gauge

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock …

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The big decisions you’ll need to make once on new weight loss drugs

by Akin Smith
The big decisions you’ll need to make once on new weight loss drugs

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 For all of the promise associated …

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New pet drugs are looking a lot more like human medications

by Akin Smith
New pet drugs are looking a lot more like human medications

If you want to understand how different the human and animal medicine and vaccine industries have historically been, you don’t need to look much further than weight loss drugs. On …

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Viking stock doubled Tuesday. Here’s where the next moves in the obesity space could come from

by Walter Watson
Viking stock doubled Tuesday. Here’s where the next moves in the obesity space could come from

Anti-obesity drugmakers Novo Nordisk and Eli Lilly have a huge lead on their competition, but given the vast and valuable market, rivals are still eager to join the race. Bank …

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