Overview
- Pfizer is developing a once-daily weight loss pill, danuglipron, aiming to compete in the GLP-1 space.
- The FDA rejected Novo Nordisk's application for its once-weekly insulin icodec, citing concerns over manufacturing and safety.
- The FTC report highlights that pharmacy benefit managers are driving up drug prices, leading to planned lawsuits.
- Eli Lilly's diabetes and weight loss drugs are outperforming Novo Nordisk's medications in recent studies.
- Eli Lilly is set to acquire Morphic for $3.2 billion, expanding its portfolio in inflammatory bowel disease treatments.