- Eli Lilly Partners With InnoCare on $3.35 Billion Drug Discovery Deal
Eli Lilly has committed $100 million in upfront and near-term payments to InnoCare Pharma to form a five-target drug discovery pact. The deal features up to $3.25 billion in milestones.
Deals·2 articles / 2 outlets·2d ago
- Viking Therapeutics Shares Surge 50% On Positive Obesity Drug Data
Viking Therapeutics' stock soared following the release of updated data from its obesity drug trial, indicating that trial participants mostly maintained their weight loss after switching from a weekly injection to a daily pill. In contrast, shares of competitors Eli Lilly rose while Novo Nordisk experienced a decline.
Product·2 articles / 2 outlets·4d ago
- Viking Therapeutics Shares Surge 60% On Positive Obesity Drug Data
Viking Therapeutics' stock skyrocketed by 60% following the release of updated data from its obesity drug trials. The trial participants mostly kept their weight down after switching from a weight-loss drug to Viking's treatment, indicating promising results for the company's future in the obesity market.
Product·2 articles / 2 outlets·4d ago
- Viking Therapeutics Shares Surge 50% On Positive Obesity Drug Data
Viking Therapeutics' stock surged by 50% following the release of updated data from its obesity drug trials. The trial participants mostly kept their weight down after switching from a weekly injection to a daily oral medication.
Product·2 articles / 2 outlets·4d ago
- Viking Therapeutics Shares Surge After Obesity Shot Helps Patients Lose Weight↩
Viking Therapeutics Inc. shares surged after its dual-action obesity shot helped patients lose weight and keep it off, even after they cut their dosing schedule in a small, exploratory study.
Product·2 articles / 2 outlets·4d ago
- Novo Nordisk Disappoints Investors Amid Plans for Future Blockbuster Drug Launches
Novo Nordisk A/S disappointed investors hoping for more concrete turnaround plans from Chief Executive Officer Mike Doustdar after the Danish drugmaker lost its lead in the booming obesity market to Eli Lilly & Co.
Guidance·2 articles / 2 outlets·5d ago
- Novo Disappoints Investors After Losing Obesity Market Lead To Eli Lilly
Novo Nordisk A/S disappointed investors hoping for more concrete turnaround plans from Chief Executive Officer Mike Doustdar after the Danish drugmaker lost its lead in the booming obesity market to Eli Lilly & Co.
Guidance·1 article / 1 outlet·6d ago
- Eli Lilly Surges 300% Since GLP-1 Approval, Now World's Most Valuable Pharma
Eli Lilly & Co. has surged about 300% since its first GLP-1 was approved over four years ago, propelling it past $1 trillion in market value and making it the world’s most valuable pharmaceutical company.
Macro·1 article / 1 outlet·9d ago
- Novo Shortens Name to Boost Recognition in Obesity Market
Novo Nordisk A/S will shorten its name for day-to-day use to just Novo in a bid to become more recognizable in its obesity market war with Eli Lilly & Co.
Product·2 articles / 2 outlets·13d ago
- Lilly’s GLP-1 Windfall to Fund Investments in Women’s Health
Eli Lilly & Co. has been laying the groundwork for a broader move into women’s health, assembling experts and hunting for new medicines across conditions including bone health and endometriosis, according to people familiar with the matter.
Macro·1 article / 1 outlet·17d ago
- Structure’s Obesity Pill Cuts Body Weight by 16% in Study
An experimental weight-loss pill from Structure Therapeutics Inc. helped patients lose as much as 16% of their body weight. This suggests it may one day compete with rivals from Eli Lilly & Co. and Novo Nordisk A/S.
Product·1 article / 1 outlet·19d ago
- Lilly to Acquire Merida Biosciences for $2.9B to Enhance Immune Drug Pipeline
Lilly has announced its acquisition of Merida Biosciences for $2.9 billion, aiming to advance treatments for serious autoimmune and allergic diseases. This deal marks Lilly's latest effort to bolster its drug pipeline focused on immune-related conditions, including Graves' disease.
Deals·2 articles / 2 outlets·27d ago·◆ Primary source