Tag: Pharmaceutical industry
Comparison: Eli Lilly vs. Novo Nordisk in Weight-Loss Market
Eli Lilly, a company based in the United States, may have been a bit late to the game, but they are certainly making up for lost time in the battle of the bulge against...
Threat to Big Pharma’s Profits in America
Pharma bosses, oh boy, let me tell you about them. For America’s politicians, they're like the easiest target to go after. According to Gallup, only a fifth of the country really likes them. That's...
Affordable Wegovy Available Directly from Novo Nordisk – Limited Time Offer
Novo Nordisk's Wegovy weight loss drug, known for its soaring popularity, is now more accessible than ever with a groundbreaking offer directly from the pharmaceutical giant. In an effort to make this blockbuster injection...
Eli Lilly’s $27 Billion U.S. Manufacturing Investment Plan
Eli Lilly's Multi-Billion Dollar Manufacturing Investment PlanEli Lilly, a pharmaceutical giant based in Indianapolis, Indiana, has recently made headlines with its bold announcement to invest a whopping $27 billion in building four new manufacturing...
Future of Weight Loss Drugs: Insights from Eli Lilly’s Top Scientist
Dan Skovronsky, the chief scientific officer at Eli Lilly, is at the forefront of developing groundbreaking obesity drugs. With the success of Zepbound, a weekly shot from the pharmaceutical giant, Skovronsky is now focused...
Bluebird Bio Sells Itself to Private Equity Amid Challenges
Bluebird Bio: A Story of Innovation, Struggles, and a New BeginningAfter years of pioneering gene therapies and promising groundbreaking treatments, Bluebird Bio has announced its sale to private equity firms Carlyle and SK Capital...
Biogen exceeds estimates with Leqembi, but profit outlook disappoints
Biogen's Leqembi Soars, but Profit Forecast Falls ShortBiogen, a renowned biotech company, recently released its fourth-quarter financial results, exceeding revenue and profit expectations thanks to cost-saving efforts and successful new products, notably their groundbreaking...
Investors and Big Pharma Seek New Medicines in China
Investors and Big Pharma Seek New Medicines in ChinaA groundbreaking shift is taking place in the biopharmaceutical industry, as investors and major pharmaceutical companies are increasingly turning to China in search of innovative medicines....
CVS CEO Defends Pharmacy Middlemen Against Drugmakers’ Monopolistic Practices
David Joyner, the CEO of CVS Health, stood before the Senate Health, Education, Labor and Pensions Committee in Washington, D.C., on May 10, 2023, to defend pharmacy middlemen like his company's Caremark unit. These...
Understanding the Implications of Trump’s Medicare Drug Price Negotiations
President Donald Trump has set his sights on Medicare drug price negotiations. While he is not likely to dismantle the negotiation process entirely, he is expected to make significant changes that could impact the...
Biotech Startups Challenging Eli Lilly and Novo Nordisk dominance
In the fast-paced world of pharmaceuticals, the landscape has seen a notable shift between 2021 and 2023. During this period, two key sectors within the drugmaking industry experienced contrasting fortunes. On one hand, the...
FDA Approves Vertex’s Non-Opioid Painkiller: Breakthrough Pain Medicine
The Food and Drug Administration recently made a groundbreaking decision to approve Vertex Pharmaceuticals' non-opioid painkiller pill, known as Journavx. This approval marks a significant milestone, as Vertex becomes the first drugmaker in decades...