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Biotech and Pharmaceuticals

Eli Lilly to trial use of weight loss drugs to combat unemployment in UK

LONDON — U.S. pharmaceutical giant Eli Lilly is exploring whether obesity drugs could be used to curb joblessness after signing a major investment...

U.S. FDA to reconsider decision barring compounded versions of Lilly weight loss drug

Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain.Cristina Arias | Cover | Getty ImagesThe U.S. Food and Drug Administration on...

Novo and Lilly contender Zealand Pharma heralds its obesity drug alternative: It’s our ‘crown jewel’

Danish biotech Zealand Pharma is targeting the "next generation" of weight loss drugs as competitors pile into a market dominated by heavyweights Novo...

Former Pfizer CEO, finance chief step back from Starboard’s activist campaign

Ian Read, chairman and chief executive officer of Pfizer, speaks as President Donald Trump, left, listens during an announcement on a new pharmaceutical...

CVS, UnitedHealth say FTC should take Lina Khan and two commissioners off drug middlemen case

FTC Chairwoman Lina Khan testifies during the House Appropriations Subcommittee on Financial Services and General Government hearing titled "Fiscal Year 2025 Request for...

Healthy Returns: What activist Starboard’s $1 billion stake means for Pfizer

Jakub Porzycki | Nurphoto | Getty ImagesA version of this article first appeared in CNBC's Healthy Returns newsletter, which brings the latest health-care...

CVS is under pressure and considering a break up. Here’s why that could be risky

A sign outside of a CVS pharmacy store on February 07, 2024 in Miami, Florida. Joe Raedle | Getty ImagesIt's time for a wellness...

Healthy Returns: Pfizer pulls sickle cell disease drug from markets – here’s why it matters

Kena Betancur | Corbis News | Getty ImagesA version of this article first appeared in CNBC's Healthy Returns newsletter, which brings the latest...

FDA approves Bristol Myers Squibb’s schizophrenia drug, the first new type of treatment in decades

Bristol Myers Squibb's Cobenfy drugCourtesy: Bristol Myers SquibbThe Food and Drug Administration on Thursday approved Bristol Myers Squibb's highly anticipated schizophrenia drug Cobenfy,...

Novo Nordisk’s diabetes drug Ozempic may lower the risk of opioid overdoses, study says

A box of Ozempic made by Novo Nordisk is seen at a pharmacy in London, Britain March 8, 2024.Hollie Adams | ReutersNovo Nordisk's...

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