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Roche, Pfizer Race To Find Next Ozempic As Pharma Giants Hustle To Join Obesity Treatment Market
Monday, December 4, 2023 - 5:20pm | 703How important it is to have the latest blockbuster in your product portfolio. The pharmaceuticals industry has displayed this over and again in recent years — getting a Covid vaccine to market during the pandemic, and now tackling the obesity epidemic. Those with obesity drugs already on the market...
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Can Weight-Loss Drug Ozempic Tip The Scales For Tema's New Healthcare ETF?
Tuesday, November 21, 2023 - 9:55am | 651Tema, the exchange-traded fund platform, has launched a healthcare ETF focused on companies that research and treat cardiovascular disease and conditions associated with obesity and diabetes, including Novo Nordisk, maker of the blockbuster diet drug Ozempic. The Tema Cardiovascular and Metabolics...
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Weight Loss Drugs Wegovy, Ozempic Gain Traction With Millennials, High Earners: New Survey Results
Thursday, October 26, 2023 - 3:39pm | 797Prescription weight loss drugs Ozempic, Wegovy and Mounjaro have dominated headlines in 2023 with increased interest and the impact being discussed by food and drink companies. Here's a look at the consumer segments that might be driving the enthusiasm and demand for these GLP-1 drugs. What...
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Eli Lilly To Fly Higher? Fund Manager Gary Black Envisions Blockbuster Potential For Diabetes Drug Mounjaro
Thursday, October 12, 2023 - 4:40am | 571Eli Lilly & Co. (NYSE:LLY) has been a high-flier among the mega-cap pharma stocks this year, as the company leverages the obesity drug craze. Prominent Tesla investor and Future Fund Manager Gary Black weighed in on the stock’s run-up and its future trajectory. What Happened: Lilly stock...
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Eli Lilly's Stock Spikes, Yet Team Jim Cramer Holds Back On Recommending Immediate Buying: 'Wait For A Pullback'
Thursday, August 17, 2023 - 6:11am | 436Jim Cramer does not recommend investors to buy Eli Lilly (NASDAQ:LLY) stocks yet, despite the recent jump, CNBC reports. Responding to an email query, Cramer mentioned a new 12-month price target of $600 for Eli Lilly. Despite the promising outlook, the rapid ascent of Eli Lilly’s stock has...
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After This Pharma Stock Surges To Record High, Cramer Says It's 'Going Higher Still'
Wednesday, August 9, 2023 - 8:34am | 365Eli Lilly & Co. (NYSE:LLY) jumped nearly 15% to a new record on Tuesday, as the biopharma's stock rode on two catalysts. Lilly reported second-quarter earnings and revenue that were way ahead of expectations and it raised its full-year guidance. The shares also benefited from positive data...
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140,000 American Lives At Risk -- And This Drug Could Save Them
Tuesday, August 8, 2023 - 3:40pm | 859A new study could save hundreds of thousands of lives in the United States each year. New research from Danish pharmaceutical giant Novo Nordisk (NYSE:NVO) found semaglutide (known under the names Wegovy, Ozempic and Rybelsus) can cut the risk of heart attack in overweight patients by 20%. Couple...
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'Miracle' Weightloss Drugs Ozempic And Mounjaro Face Lawsuit Over Alleged Gastroparesis Side Effect
Friday, August 4, 2023 - 5:43am | 412Novo Nordisk and Eli Lilly and Co. (NYSE:LLY), manufacturers of diabetes drugs Ozempic and Mounjaro, are facing a lawsuit over claims of causing gastroparesis, CBS News reports. The lawsuit, filed by personal injury law firm Morgan & Morgan, alleges a “failure to warn” about the...
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Next-Gen Weight-Loss Drugs Set To Up The Game From Ozempic And Mounjaro: WSJ
Tuesday, June 27, 2023 - 5:49am | 470The race to develop weight-loss drugs more potent than the popular Ozempic is heating up, with several promising contenders on the horizon, The Wall Street Journal reports. Novo Nordisk’s (NYSE:NVO) Ozempic and Eli Lilly’s (NYSE:LLY) Mounjaro have seen a surge in demand due to their...
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This New Drug May Be Even Stronger Than Ozempic For Weight Loss, Clinical Trial Shows - BI
Saturday, June 24, 2023 - 7:03am | 415A new clinical trial has shown that Mounjaro, a diabetes drug similar to Ozempic and Wegovy, could be a game-changer in the field of weight loss, Insider reports. Mounjaro, developed by Eli Lilly and Co. (NYSE:LLY), was approved for treating type 2 diabetes in May 2022. The latest data suggests...
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Key Data On Novo Nordisk's Weight Loss Drug Wegovy Due In July: Biotech Analyst Details Likely Impact On Lilly's Stock
Wednesday, June 21, 2023 - 11:17am | 555Danish pharma giant Novo Nordisk A/S (NYSE:NVO) is due to announce results from a late-stage trial, dubbed SELECT, that evaluates its semaglutide, sold under the brand name Wegovy, for the reduction of cardiovascular events in overweight or obese non-diabetic patients with prior cardiovascular...
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Want To Lose 10 Pounds? 'Miracle' Weight Loss Drugs Create Winners And Losers
Tuesday, April 18, 2023 - 2:42pm | 1049Ozempic, Wegovy and Mounjaro could very well have become the most sought-after weight-loss drugs of the past two years, as press reports and social media amplification help push these new medications as a new "miracle treatment" for weight management. A February analysis by Jefferies puts...