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Novo Nordisk Launches Lower-Cost Wegovy Cash Option and Home Delivery

Novo Nordisk has launched a new cash-pay option for its weight-loss drug Wegovy, offering a monthly dose at $499 with home delivery. The move follows competitor Eli Lilly's lead to offer a similar $499 cash program for its weight-loss drug Zepbound. This price reduction aims to make the medication more accessible to patients who do not have coverage or are uninsured.

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Novo Nordisk to Sell Wegovy for $499 a Month to Cash-Paying US Customers Δ1.95

Novo Nordisk has announced that it will begin selling its weight-loss drug Wegovy at a discounted price of $499 per month to patients paying cash, marking a significant shift in the competitive dynamic of the U.S. obesity drug market. This move comes as rival Eli Lilly has cut the price for its weight-loss drug Zepbound and expanded its direct-to-consumer sales through its website. The Danish drugmaker will also offer home delivery for Wegovy, which can cost patients over $1,000 a month without insurance coverage.

Novo Nordisk Shares Slide on CagriSema News Δ1.79

Novo Nordisk's stock fell over 8% following the release of new data from the Phase 3 trial of its next-generation GLP-1 drug, CagriSema, which showed comparable weight loss results to its existing products, Ozempic and Wegovy. The drug's complex manufacturing process and competition from Eli Lilly's more effective alternatives further complicate its commercial prospects. Analysts express skepticism about CagriSema's potential to significantly impact Novo's profitability or market share in the increasingly competitive obesity treatment landscape.

Recovery on Horizon: Novo Nordisk A/S (NYSE:NVO) Δ1.73

Novo Nordisk A/S (NYSE:NVO) is poised for a strong recovery driven by its robust pipeline of pharmaceutical products. The company's second-largest biopharma business has been gaining traction, with its diabetes and obesity care segment showing significant promise despite losing market share in the GLP-1 category drugs. NVO's focus on emerging therapy areas and high-efficacy drugs positions it for long-term growth.

Novo Nordisk A/S: CagriSema Demonstrates Superior Weight Loss in Adults with Obesity or Overweight Δ1.72

Novo Nordisk has announced promising results from the REDEFINE 2 trial, which evaluated the efficacy and safety of CagriSema, a combination treatment for obesity and type 2 diabetes. The trial showed that 61.9% of participants on CagriSema experienced a weight loss of 15.7% after 68 weeks, significantly outperforming the placebo group's 3.1% weight loss. Novo Nordisk plans to seek regulatory approval for CagriSema in early 2026, aiming to provide an effective treatment option for millions affected by obesity.

US Judge Bars Copies of Lilly Weight-Loss Drug Δ1.71

A U.S. federal judge has refused to allow compounding pharmacies to keep making copies of Eli Lilly's popular weight-loss and diabetes drugs Zepbound and Mounjaro in the United States. The decision was filed late on Wednesday in response to an October lawsuit from a compounding industry group against the U.S. Food and Drug Administration's decision last year that there was no longer a shortage of the medicines' active ingredient, tirzepatide. Compounders had been allowed to produce hundreds of thousands of doses of copies of obesity drugs only while the FDA said there was a shortage of them.

Cramer Weighs In on LLY: A Pharma Giant's Price Cut Amid Rising Regulatory Scrutiny Δ1.71

Eli Lilly and Company (NYSE:LLY) has recently announced a price cut for its insulin products, which is expected to have a significant impact on the company's revenue. The move comes amidst increasing regulatory scrutiny of pharmaceutical companies' pricing practices. As Jim Cramer sees it, the cut will likely boost LLY's sales, but the long-term implications of this move remain uncertain.

Wall Street's Top Analyst Calls Downgrade Upgrades Δ1.70

Walgreens downgraded by Deutsche Bank to Sell from Hold with a price target of $9, as reports of a potential take-private deal from Sycamore Partners are seen as overly optimistic and complicated to implement. Cava Group upgraded to Overweight from Neutral by Piper Sandler, citing the company's secular growth in fast casual and its strategic initiatives for 2025. The upgrade suggests that investors should consider the trend towards founder-led companies reclaiming control and potentially setting a precedent for similar brands.

Business News Roundup Faces Financial Dilemmas, Regulatory Challenges, and Competitive Pressures Δ1.70

Consumer Reports has released its list of the 10 best new cars to buy in 2025, highlighting vehicles with strong road test scores and safety features. The announcement comes as Eli Lilly & Co. is expanding its distribution of weight-loss drug Zepbound at lower prices, while Target is scaling back its DEI efforts amidst declining store visits. Meanwhile, Costco's luxury goods segment continues to grow, and Apple has secured President Trump's backing for its new investment plan.

Regaining Nasdaq Compliance to Save Btai Δ1.69

BioXcel Therapeutics has regained compliance with the Nasdaq minimum bid price rule after meeting a 12-consecutive-day requirement of maintaining a closing bid price of $1.00 per share. The biopharmaceutical company had previously fallen short of this requirement, prompting a warning from the Listing Qualifications Department. By regaining compliance, BioXcel Therapeutics can now avoid further delisting proceedings.

ZTE Nubia Neo 3 (GT): Cheap Gaming Smartphones to Launch This Month. Δ1.69

ZTE is set to release two new gaming smartphones, the Nubia Neo 3 5G and Nubia Neo 3 GT 5G, targeting budget-conscious consumers with competitive pricing of €249 and €299, respectively. Both models feature gaming-centric designs with RGB lighting and impressive battery capacities, although they vary in specifications, such as processor power and display technology. The global launch is anticipated for the end of March, making these devices a potential game-changer in the affordable gaming smartphone market.

Occidental's Bold Move: Limited-Time Stock Grab--Will Investors Cash In or Miss Out? Δ1.69

Occidental is offering warrant holders a limited-time chance to cash in at a lower exercise price of $21.30 per share, down from the original $22.00, with a deal expiring on March 31, 2025. If fully taken up, this could inject about $1.6 billion into the company's coffers. The proceeds are likely aimed at cutting down debt and addressing general corporate needs.

Starlink Residential Lite: New Affordable Unlimited Data Plan Goes Live in the US Δ1.68

SpaceX has launched a new plan called "Residential Lite" aimed at households with lower bandwidth needs, offering unlimited deprioritized data for $80 per month. This new plan is significantly cheaper than the regular Residential service, priced at $120, but it comes with reduced speeds during peak network usage. While users can enjoy unlimited data without artificial speed caps, they may experience slower speeds, ranging from 30Mbps to 100Mbps, depending on network capacity.

OnePlus Offers Limited-Time Discounts on Multiple Flagship Smartphones and Wearables Δ1.68

OnePlus is running a promotional campaign that features substantial discounts on several of its flagship smartphones, including the OnePlus 12 and OnePlus Open, alongside select wearables and wireless earbuds. Customers can take advantage of the coupon code "LUCKY25" to receive varying discounts until March 16, 2025, with notable price reductions, such as $200 off the OnePlus 12 and $500 off the OnePlus Open. This initiative highlights OnePlus's strategy to enhance its market presence by offering competitive pricing on premium devices while encouraging customer engagement through limited-time promotions.

Gaming Handheld Market TAKES OFF with MagicX Zero 40 Δ1.68

The MagicX Zero 40 promises to revolutionize the gaming handheld market by offering a unique blend of features and capabilities, particularly its tall display designed specifically for Nintendo DS emulation. With its Allwinner A133P chipset, 2 GB of LPDDR4 RAM, and up to 512 GB of storage, this device is likely to appeal to enthusiasts of retro gaming and Nintendo DS content. The MagicX Zero 40's affordability, with a suggested retail price of $75, also makes it an attractive option for those looking to explore the world of gaming on-the-go.

New Version of Merck's Keytruda Faces Possible Patent Battle, WSJ Reports Δ1.68

Merck's newly developed injected version of its cancer drug Keytruda may encounter a patent challenge from Halozyme Therapeutics, which claims the new formulation infringes on its existing patents. This potential dispute poses a significant hurdle for Merck as it seeks to expand the drug's market presence after the expiration of patents for the original intravenous version. Despite the challenge, Merck remains optimistic about the injected version's anticipated launch in early 2026, asserting that they believe Halozyme's patents are invalid.

Checkpoint Therapeutics Acquisition to Boost Sun Pharma's Oncology Portfolio Δ1.67

Sun Pharmaceutical Industries' acquisition of Checkpoint Therapeutics for $355 million is expected to significantly boost its oncology portfolio with the addition of UNLOXCYT, a U.S. FDA-approved treatment for advanced skin cancer. The deal aligns with Sun Pharma's active expansion strategy in recent years, focusing on immunotherapy and targeted oncology companies. This transaction will enable Sun Pharma to tap into Checkpoint's immunotherapy and targeted oncology expertise.

Casio G-Shock Move DW-H5600 Watch Hits New Low Δ1.67

The Casio G-Shock Move DW-H5600 is currently down to its lowest price on Amazon, offering a powerful fitness tracking watch with advanced features such as heart rate monitoring, sleep tracking, and blood oxygen measurement. The watch's rugged design and durable construction make it an attractive option for those seeking a functional timepiece. With the current 30% discount, the G-Shock Move DW-H5600-1 can be had for just $209.30.

Abbott's OTC Glucose Monitor Encouraged Healthy Eating Habits Δ1.67

Abbott's Lingo is a continuous glucose monitor that provides accurate glucose levels for $50. It lasts for 14 days and helps users understand the relationship between their diet and its effects on their body. The app needs more active coaching to provide deeper insights into implementing healthier choices.

Bitcoin Could Move $5K After White House Crypto Summit; ETH and SOL Volatility Likely: STS Digital Δ1.67

Analysis from STS Digital indicates that options pricing on Deribit anticipates a potential $5,000 price swing for Bitcoin (BTC) following a White House crypto summit hosted by President Donald Trump, where key industry players will gather. The summit may lead to announcements about a strategic Bitcoin reserve, which could significantly impact market volatility for BTC, Ethereum (ETH), and Solana (SOL). Traders are preparing for a turbulent weekend, as implied volatility for options suggests substantial price fluctuations following the event.

Firstenergy Price Target Lowered to $44 at Scotiabank Δ1.67

Scotiabank lowered its price target on FirstEnergy (FE) to $44 from $50, maintaining an Outperform rating on the shares. While the firm appreciates the reset of expectations, it also understands that FirstEnergy's cash flow and dividend yield have become less attractive in recent months. The lower price target reflects a decrease in the firm's valuation multiples due to industry-wide headwinds.

CD Rates Today, March 8, 2025 (Best Account Provides 4.50% APY) Δ1.67

Today’s competitive CD rates present an opportunity for savers to lock in higher returns, with leading offers reaching up to 4.50% APY from institutions like Marcus by Goldman Sachs and LendingClub. The Federal Reserve's recent rate cuts have created a unique landscape where shorter-term CDs may yield better rates than longer ones, challenging traditional expectations. As savers seek to maximize their earnings, the choice between various types of CDs—such as bump-up, no-penalty, and jumbo CDs—adds complexity to the decision-making process.

Smart Rings Go up to $100 Off: The Oura Ring 3 Deal Is Too Good to Pass Up Δ1.67

The Oura Ring Gen 3 is a popular smart ring that offers impressive health tracking features and a sleek design, now available with discounts of up to $100 at Amazon. This rare sale marks one of the first times the older model has gone on sale, making it an attractive option for those looking for a reliable wearable without breaking the bank. The Oura Ring 4, the latest iteration, was recently released, but this deal provides a chance to snag the Gen 3 at a discounted price.

Sunshine Biopharma Acquires Rights to Launch Two Gastrointestinal Drugs in the Canadian $200 Million Δ1.67

Sunshine Biopharma Inc. has announced the acquisition of rights to two gastrointestinal drugs, including Prucalopride, a generic version of Resotran, which is indicated for the treatment of chronic idiopathic constipation in adult women. The company's plan to launch these drugs positions it well to capitalize on the growing demand in the chronic idiopathic constipation market, expected to grow at a Compound Annual Growth Rate (CAGR) of 4.64% from 2024 to 2034. By expanding its portfolio of life-saving medicines, Sunshine Biopharma aims to solidify its position as a leading player in Canada's pharmaceutical industry.

Lexicon Pharmaceuticals to Announce Topline Results From Phase 2b PROGRESS Study Evaluating Pilavapa. Δ1.67

Lexicon Pharmaceuticals, Inc. is set to share top-line results from the Phase 2b PROGRESS study evaluating pilavapadin (LX9211), an oral, non-opioid investigational AAK1 inhibitor in adult patients with moderate to severe diabetic peripheral neuropathic pain (DPNP). The study's findings are expected to provide valuable insights into the efficacy and safety of pilavapadin in treating this debilitating condition. Lexicon management will discuss the results on a conference call and webcast on Monday, March 3, 2025.

Casio G-Shock Move DW-H5600-1 Rugged Fitness Watch Sees Massive 30% Discount Δ1.67

The Casio G-Shock Move DW-H5600-1 offers a unique blend of ruggedness and advanced fitness tracking features, including heart rate monitoring, sleep tracking, and blood oxygen measurement. The watch is currently available at its lowest price on Amazon, with a 30% discount bringing the price down to $209.30. This limited-time offer makes it an attractive option for those seeking a durable and feature-rich smartwatch.