Tag: Health care industry
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Grindr expands beyond dating with $250 million telehealth acquisition of PurposeMed
Grindr is buying PrEP provider Freddie for $250 million, expanding into healthcare and seeking to make HIV prevention more accessible to its users.
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Eli Lilly says closely watched combo obesity regimen boosts weight loss in mid-stage trial
Lilly said it plans to start Phase 3 trials on the combo regimen adding its amylin drug eloralintide to tirzepatide at the end of the year.
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People switching to Novo’s Wegovy pill from obesity injections kept losing weight in real-world study
The data on Novo’s Wegovy pill suggests that patients may not need to take weekly injections forever, but can instead opt for more convenient treatments.
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Trump’s municipal bond portfolio reaches as much as $1 billion as policy overlaps mount
President Donald Trump disclosed municipal bond holdings worth $300 million to $1 billion, including debt tied to issuers affected by federal policy.
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White House moves to block $810 million in funding through pocket rescission
The White House is moving to block $810 million in appropriated funds days before the fiscal year ends, drawing objections over the maneuver.
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Novo is betting on its next chapter as Eli Lilly gains more ground in GLP-1s
As Novo works to turn itself around, some analysts say Lilly has advantages that could help it maintain its position at the top of the obesity drug market.
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NIH funding cuts delayed a promising childhood brain cancer trial. Patients lost time they didn’t have
A delayed clinical trial underscores the stakes of federal research funding cuts for children with DIPG, a deadly brain tumor with few treatment options.
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Novo’s new strategy hinges on something it can’t manufacture: investor trust
Novo has now reached the point where it can broaden its ambitions again, CEO Mike Doustdar told CNBC, but investors remain unconvinced.
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Trump administration removes around 760,000 Obamacare enrollments, alleging fraud
Vice President JD Vance’s White House Task Force to Eliminate Fraud estimates the action will save roughly $2.2 billion in taxpayer-funded subsidies.
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Eli Lilly CEO says 700,000 new seniors have started GLP-1s after Medicare coverage, and 70% are on Lilly drugs
They’re the latest metrics on how much the new Medicare coverage is expanding access to GLP-1 medicines since it launched in July.
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