Sign In
Free Newsletter
Pfizer to buy Metsera in $5B obesity drug deal
Pfizer will acquire Metsera for nearly $5B, boosting its push into obesity treatments with potential oral and injectable drugs.
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[...]
Wall Street holds near its record heights
Stocks hovered near record highs Monday as investors awaited Fed Chair Jerome Powell’s speech and key earnings from Walmart, Target and Home Depot.
