Roche Holding AG
Healthy Returns: How competitive can Roche be in the weight loss drug market?
Headquarters of Roche, multinational pharmaceutical industry on December 27, 2021 in Madrid, Spain. Cristina Arias | Cover | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Good afternoon! Roche is one of several drugmakers […]
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Fund manager says it’s time to invest in ‘defensive growth’ — and names 4 stocks
Investors should be positioned “more defensively” in their portfolios right now, partly because of how expensive markets are, said portfolio manager Brian Arcese. Shares are still expensive despite market volatility and stocks diving in the past few weeks, said Arcese, who works at Foord Asset Management. Arcese, who is also an equity analyst at the […]
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Swiss stock exchange says trading halted due to data problems
Four Chinese companies raised about $1.5 billion in July by issuing shares on the Six Swiss Exchange via a new China stock connect program. Bloomberg | Bloomberg | Getty Images Switzerland’s stock exchange SIX said trading had been halted on Wednesday morning across all products until further notice due to issues with disseminating data. SIX […]
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Swiss pharma giant Roche to accelerate Wegovy rival drugs after positive trial data
Sopa Images | Lightrocket | Getty Images Swiss pharmaceutical giant Roche said Monday it is accelerating the development of its Wegovy rival weight loss drugs following promising early stage trial data. The company’s two obesity drug candidates are progressing to the next phase of trials and could come to market within the next few years, […]
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These drugmakers are catching up to Eli Lilly and Novo Nordisk in weight loss treatments
The lucrative market for weight loss drugs won’t stay a duopoly forever. With billions at stake, that’s pretty much been a guarantee facing the current market leaders, Eli Lilly and Novo Nordisk , from the start. But the reality of the coming competition has grown more tangible after recent announcements from rival drugmakers Roche and […]
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European stocks head for mixed open as selloff eases; U.S. inflation data due
Traders work on the floor of the New York Stock Exchange as a picture of Vice President Kamala Harris is displayed on a television screen, on July 22, 2024. Spencer Platt | Getty Images LONDON — European markets are heading for a mixed open Friday, as a global stock selloff eases and investors await U.S. […]
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Beyond Novo and Eli Lilly: Watch these biotech and weight loss drug names, fund manager says
Weight loss drugs have drawn investor interest and shaken up other sectors in the past year or so. Novo Nordisk and Eli Lilly were two early winners of this trend, as their drugs dominate the weight loss drug market. Yuri Khodjamirian, fund manager at Tema ETFs, said both companies are a “very powerful duopoly.” “But […]
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These stocks will be the winners and losers of rising U.S.-China trade tensions, Wall Street says
Tensions are ratchetting up between U.S. and its major trading partners. In the latest, Bloomberg on Wednesday reported that the Biden administration is considering a wide-sweeping rule to clamp down on companies exporting their critical chipmaking equipment to China. That follows new tariff rates on $18 billion worth of Chinese imports — including electric vehicles, […]
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Novo Nordisk and Eli Lilly shares slide on new obesity drug trial from Roche
Novo Nordisk and Eli Lilly shares slid Wednesday after Roche announced promising early-stage trial data from its latest obesity drug candidate. The Swiss pharmaceutical giant said Wednesday that a second drug candidate from its purchase of Carmot Therapeutics indicated positive results, further heating up competition in the weight loss drug market. Roche shares jumped in […]
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CNBC’s Inside India newsletter: IPO boom looks to break new records
A Swiggy delivery agent as seen in Kolkata , India , on 3 July 2023 . Famous food delivery company Swiggy faced a loss over 80% in 2022 according to investor filling. (Photo by Debarchan Chatterjee/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter […]
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