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pharmaceutical industry

AstraZeneca CEO Pascal Soriot speaks at the pharma company’s Albemarle County groundbreaking ceremony in October 2025. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin
Apr 29, 2026

Charlottesville, Albemarle region prepare for biotech boost

AstraZeneca’s $4.5 billion investment in Albemarle County is set to create 600 jobs and strengthen Charlottesville’s biotech industry cluster.

2026 Forty Under 40: ALEXANDRA PALMER FABLING
Apr 28, 2026

2026 Forty Under 40: ALEXANDRA PALMER FABLING

SENIOR DIRECTOR OF MARKETING AND COMMUNICATION PHLOW | RICHMOND

Novo Nordisk cuts Wegovy prices again
Nov 17, 2025

Novo Nordisk cuts Wegovy prices again

Novo Nordisk lowers Wegovy prices to $349 a month and adds temporary discounts, but doctors say costs remain tough for uninsured patients.

Metsera falls after accepting up to $10 billion offer from Pfizer
Nov 10, 2025

Metsera falls after accepting up to $10 billion offer from Pfizer

Pfizer wins a $10 billion deal for weight-loss drugmaker Metsera, ending its bidding war with Danish rival Novo Nordisk.

Trump slaps tariffs on drugs, furniture, trucks
Sep 26, 2025

Trump slaps tariffs on drugs, furniture, trucks

Starting Oct. 1, Trump will impose tariffs of up to 100% on drugs, cabinets, furniture and heavy trucks, citing national security.

Novo Nordisk, maker of obesity drug Wegovy, to cut 9,000 jobs to sharpen focus, meet competition
Sep 10, 2025

Novo Nordisk, maker of obesity drug Wegovy, to cut 9,000 jobs to sharpen focus, meet competition

FRANKFURT, Germany (AP) — Danish pharmaceutical company Novo Nordisk, maker of weight-loss drug Wegovy, said Wednesday it would cut 9,000 jobs, 5,000 of them in Denmark, in order to strengthen the company’s focus on growth opportunities in obesity and diabetes medications. The restructuring, which would eliminate 11% of the company’s workforce, aimed to reduce organizational [&hellip[...]

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