Obesity

Insurers face long road, high cost to cover obesity drugs after promising Wegovy heart health data
Health

Insurers face long road, high cost to cover obesity drugs after promising Wegovy heart health data

A selection of injector pens for the Saxenda weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023.  Jim Vondruska | Reuters Novo Nordisk‘s obesity drug Wegovy slashed the risk of serious heart problems by 20% in a large clinical trial – a landmark finding that could put more […]

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Eli Lilly raises full-year guidance as drug pipeline drives second-quarter profit up 85%
Health

Eli Lilly raises full-year guidance as drug pipeline drives second-quarter profit up 85%

Sopa Images | Lightrocket | Getty Images Eli Lilly on Tuesday raised its full-year guidance as second-quarter profit jumped 85% from the same period a year ago on strong sales from the pharmaceutical giant’s drug pipeline. The company now expects full-year revenue of between $33.4 billion to $33.9 billion, up from a previous forecast of […]

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Eli Lilly says obesity drug helped boost weight loss to 26%, highest seen in late-stage trials
Health

Eli Lilly says obesity drug helped boost weight loss to 26%, highest seen in late-stage trials

The Eli Lilly logo is shown on one of the company’s offices in San Diego, California, September 17, 2020. Mike Blake | Reuters An Eli Lilly experimental drug helped patients lose about 26% of their weight on average following extended use or intensive lifestyle changes, according to results from two studies released Thursday. It’s the […]

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UK investigates weight loss, diabetes drugs like Wegovy and Ozempic for suicide risks
Health

UK investigates weight loss, diabetes drugs like Wegovy and Ozempic for suicide risks

Packages of the weight-loss drug Wegovy from the pharmaceutical company Novo Nordisk lie on the sales counter in a Danish pharmacy. Stefan Trumpf | Picture Alliance | Getty Images U.K. health authorities on Wednesday said they are reviewing obesity and diabetes drugs like Novo Nordisk‘s Wegovy and Ozempic after some patients who took the treatments […]

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Eli Lilly to acquire obesity drug maker Versanis for .9 billion
Health

Eli Lilly to acquire obesity drug maker Versanis for $1.9 billion

Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain. Cristina Arias | Cover | Getty Images Eli Lilly on Friday said it will acquire Versanis, a privately held obesity drug maker, for up to $1.93 billion to boost the pharmaceutical giant’s weight loss treatment portfolio.  Eli Lilly agreed to pay Versanis shareholders in […]

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EU expands Wegovy, Ozempic probe over suicide risks to include other weight loss, diabetes drugs
Health

EU expands Wegovy, Ozempic probe over suicide risks to include other weight loss, diabetes drugs

In this photo illustration, boxes of the diabetes drug Ozempic rest on a pharmacy counter on April 17, 2023 in Los Angeles, California. Mario Tama | Getty Images The European Union’s drug regulator on Tuesday said it has broadened an investigation into the risk of suicidal thoughts and self-injury among patients taking Novo Nordisk‘s Ozempic, […]

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Few patients continue weight loss drugs like Wegovy after a year — but health costs soar for all
Health

Few patients continue weight loss drugs like Wegovy after a year — but health costs soar for all

A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, March 31, 2023. Jim Vondruska | Reuters Only around one-third of patients prescribed weight loss drugs such as Novo Nordisk‘s blockbuster injection Wegovy continued to take it a year later — but total health-care costs […]

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Novo Nordisk says high-dose experimental obesity pill leads to 15% weight loss
Business

Novo Nordisk says high-dose experimental obesity pill leads to 15% weight loss

Novo Nordisk said that it was cutting the supply of some doses of its popular obesity drug in the U.S. as it struggles to keep up with surging demand. Liselotte Sabroe | Afp | Getty Images Novo Nordisk‘s high-dose experimental obesity pill helped overweight or obese adults lose around 15% of their body weight, according […]

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Credit Suisse sees Eli Lilly headed higher as Mounjaro users espouse weight loss drug on social media
Health

Credit Suisse sees Eli Lilly headed higher as Mounjaro users espouse weight loss drug on social media

You can’t deny the buzz. Credit Suisse analyst Trung Huynh has combed through social media and is impressed by the awareness — and demand — for GLP-1 medications such as Eli Lilly ‘s Mounjaro. “Although we caution posts may have responder bias, and comments are in the public domain and unconfirmed, nonetheless we have parsed […]

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Pfizer oral weight loss drug may be as effective as, quicker than Ozempic injection by Novo Nordisk, study says
Business

Pfizer oral weight loss drug may be as effective as, quicker than Ozempic injection by Novo Nordisk, study says

Weight-loss drugs have become a hot topic as public heath authorities and pharmaceutical companies seek to find solutions to the growing global obesity epidemic. Florian Gaertner | Photothek | Getty Images An oral drug made by Pfizer causes a similar amount of weight loss as, and works quicker than, rival Novo Nordisk‘s blockbuster injection Ozempic, […]

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