Novo Nordisk A/S
Under threat, Weight Watchers enters obesity drug space. Here’s what it means for the stock
WW International is steering hard in a new direction, hoping to turn the growing interest in obesity medications to its advantage. On paper, the new strategy could be the answer to its problems, but significant execution risks remain. Shares of the Weight Watchers parent are up nearly 50% on Tuesday after the company announced plans […]
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This biotech startup has a possibility to get a piece of the profitable obesity drug market, analysts say
It really is been challenging to pass up the buzz about a new course of weight problems remedies , but 1 massive disadvantage to these therapies is that they involve a weekly injection. Enter biotech startup Composition Therapeutics , which is hoping to change that routine with oral GLP-1 formulations for being overweight and kind […]
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Strategist states it’s the ‘last phase’ of the bear marketplace — and names 3 shares to obtain right now
Shares are in the “very last stage” of the bear marketplace — and buyers should really search forward to the next fifty percent of 2023, a person analyst suggests. “We are kind of in the past period of the bear market place,” stated James Demmert, main expenditure officer at Main Street Analysis. “That previous stage […]
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Biden proposal to cap all insulin prices at $35 a month has little chance of passing Congress
President Joe Biden delivers the State of the Union address to a joint session of Congress on Feb. 7, 2023 Pool | Getty Images President Joe Biden used the bully pulpit during the State of the Union address this week to call for a universal price cap on insulin for all diabetes patients but the […]
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Eli Lilly investors spooked by weak Mounjaro sales, but it’s the obesity drug approval that will unlock its value
The demand is there, but so are the hurdles. Eli Lilly investors got a reality check on Thursday, as the stock tumbled more than 6%. Hopes have been running high for the company’s recently launched Mounjaro. Right now, the drug has been approved to treat type 2 diabetes, but many expect sales to really take […]
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Trending billionaire and celeb GLP-1 pounds loss medication are about to enter far more American houses
Working with GLP-1s drug injections for bodyweight decline has come to be one particular of the most up-to-date techniques some major names in the market place are shedding further lbs. Elon Musk just lately tweeted about how employing Novo Nordisk’s Wegovy assisted him shed excess weight. Fanatics CEO Michael Rubin just lately instructed CNBC’s “Squawk […]
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People with diabetes struggle to find Ozempic as it soars in popularity as a weight loss aid
Tammie Rachell Largent-Phillips, 52, has Type 2 diabetes. For the past two years, she’s managed the condition using a drug called Ozempic, which helps people with diabetes keep blood sugar levels in check. But in November, she was forced to switch to another medication, insulin. The Ozempic she needed was no longer available at her […]
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Cramer’s lighting round: Stay away from Blackline
Blackline Inc: “It’s enterprise software that’s losing money. Those are the ones I’m trying to get people to stay away from.” Piedmont Lithium Inc: “Much too dangerous. Way too speculative. We’re going to take a pass on that one.” Bloom Energy Corp: “They’re not working. They’re too expensive. I want you to avoid Bloom Energy.” […]
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Cramer’s lighting round: I like Danaher over Philips
Novo Nordisk A/S: “Other than appreciation, I can not tell you a reason to ring the register.” Koninklijke Philips NV: “That’s just not a well-enough run company. We own Danaher for the Charitable Trust, and that’s the best-run company in the industry.” Icahn Enterprises LP: “I don’t really know what they own, so it’s kind […]
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Goldman Sachs suggests this minimal-recognized biotech inventory can double on potentially ‘blockbuster’ earnings
Investors should really invest in biopharma stock Altimmune as it can double from below relying on the achievement of a new weight problems drug, in accordance to Goldman Sachs. Analyst Corinne Jenkins initiated protection of Altimmune with a invest in score, indicating she strongly expects a analyze on pemvidutide as a treatment for obesity will […]
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