Pfizer weight loss pill joins list of obesity drug flops

Sopa Images | Lightrocket | Getty Images Pfizer’s twice-daily version of its experimental weight loss pill has now joined a long list of other scrapped drugs that aimed to treat obesity but came with unintended consequences.  The drugmaker on Friday said it will stop developing the twice-daily treatment, danuglipron, after obese patients taking the drug … Read more

Pfizer to discontinue twice-daily version of weight loss pill

CFOTO | Future Publishing | Getty Images Pfizer on Friday said it would stop developing the twice-daily version of its experimental weight loss pill after obese patients taking the drug lost weight but had trouble tolerating the drug in a mid-stage clinical study.  The drugmaker observed high rates of adverse side effects, which were mostly … Read more

Are things about to get more difficult?

Up from No. 13 in 2022, Minneapolis, Minnesota ranked as the No. 2 most neighborly city in America. S. Greg Panosian | E+ | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter … Read more

Jamie Dimon’s trades show the benefit of tracking insider buying, selling

For the first time in nearly two decades running JPMorgan Chase, CEO Jamie Dimon will voluntarily sell stock in the bank. The disclosure, in a securities filing Friday, detailed next year’s planned sales — pressuring JPMorgan (JPM) shares and the Dow Jones Industrial Average and highlighting why tracking trades made by executives involving the companies … Read more

Novavax Covid vaccine can still catch up to Pfizer, Moderna shots

A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. Patrick Van Katwijk | Getty Images Americans can finally get their hands on Novavax’s newest Covid vaccine after U.S. regulators greenlighted the shot this week. … Read more

FDA authorizes Novavax updated Covid vaccine

A vial labelled “Novavax V COVID-19 Vaccine” is seen in this illustration taken January 16, 2022.  Dado Ruvic | Reuters The Food and Drug Administration on Tuesday authorized Novavax’s updated Covid vaccine for emergency use in people ages 12 and up, putting the shot on track to roll out weeks after new jabs from Pfizer … Read more

Obesity pill data boosts Structure Therapeutics shares

Aykut Karahan | Istock | Getty Images Shares of Structure Therapeutics rose more than 30% on Friday after the biotech startup’s experimental obesity pill succeeded in a small early-stage trial.  The once-daily drug helped overweight or obese participants reduce up to 10 pounds of weight on average after four weeks of treatment, according to a … Read more

UK begins Covid vaccine rollout early with new variant below watch

Covid-19 vaccination centre at a Chemist store on twenty eighth April 2023 in London, United Kingdom. Mike Kemp | In Photos | Getty Photographs LONDON — England on Monday started its winter Covid-19 and flu vaccination marketing campaign forward of schedule because it screens a brand new variant and seeks to keep away from one … Read more

FTC permits Amgen Horizon Therapeutics deal to maneuver ahead

The Amgen brand is displayed exterior Amgen headquarters on Might 17, 2023 in Thousand Oaks, California. Mario Tama | Getty Pictures The Federal Commerce Fee on Friday stated it has reached a cope with drug big Amgen to permit the corporate’s $27.8 billion buy of Horizon Therapeutics to maneuver ahead.  The 2 firms now anticipate … Read more

New variant spreads throughout world, right here’s what we all know up to now

An illustrative picture of an individual holding a medical syringe and a vaccine vial in entrance of the Pfizer brand displayed on a display screen. Nurphoto | Nurphoto | Getty Photographs The World Well being Group is monitoring a brand new pressure of Covid-19 referred to as EG.5, or “Eris,” that accounts for a rising … Read more