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Pharmacy Giant Walgreens Taps Tim Wentworth to Be CEO
The incoming chief executive faces a tough challenge, with a core business under pressure due to pharmacy-benefit managers such as his former employer Express Scripts.
Ozempic Settles the Obesity Debate: It's Biology Over Willpower
Weight-loss drugs affect the brain in ways that help researchers understand how the body regulates weight. Source link
Pfizer’s Covid Boost Crashes to Earth
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Venture Capitalist Seeks to Spur Drug Development for Rare Autoimmune Disease
Venture capitalist Luke Evnin has financed several successful biotechnology startups that develop treatments for cancer. Now he is encouraging drugmakers to tackle another disease: a rare autoimmune condition that
Pfizer Misses Revenue Expectations, Bets on Drug Launches to Ease Shortfall
The company is rolling out 19 products or new uses within 18 months, CEO Albert Bourla said. Source link
Obesity Drugs Won't Starve These Other Potential Blockbusters
Stocks of developers of fatty liver disease treatments had been on a tear until results from Eli Lilly’s medication were published last week. Source link
Demand for Obesity Drugs Has Insurers Paying Close Attention
Markets Heard on the Street Strong sales of obesity-diabetes drugs known as GLP-1s could affect insurance companies’ financial results Source link
Moderna, Merck Show Progress Toward Cancer Vaccines
An mRNA shot helped prevent relapse in high-risk melanoma patients. Source link
Theranos Founder Elizabeth Holmes’s Bid to Stay Out of Prison Is Denied
Tech Judge who oversaw Holmes’s criminal-fraud trial says she still has to report to federal prison on April 27 Source link
Former Outcome Health Executives Found Guilty of Fraud
Business Health Care Health Verdict caps fall of startup’s executive team led by Rishi Shah, who could face years in prison Source link