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

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.

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Novo Nordisk Launches Lower-Cost Wegovy Cash Option and Home Delivery Δ1.95

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.

Novo Nordisk Shares Slide on CagriSema News Δ1.80

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.

Cramer Weighs In on LLY: A Pharma Giant's Price Cut Amid Rising Regulatory Scrutiny Δ1.75

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.

US Judge Bars Copies of Lilly Weight-Loss Drug Δ1.74

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.

Recovery on Horizon: Novo Nordisk A/S (NYSE:NVO) Δ1.74

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 Δ1.73

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.

Philip Morris Weighs Cigar Sale Amid Smoke-Free Shift Δ1.72

Philip Morris International Inc. is considering selling its U.S. cigar business as part of its broader strategy to pivot towards smoke-free products. The company is reportedly seeking over $1 billion for the cigar division, which was acquired through the recent $16 billion purchase of Swedish Match AB. This move aligns with Philip Morris's goal to reduce its reliance on traditional tobacco products, with a target of smoke-free items making up two-thirds of sales by 2030.

Wall Street's Top Analyst Calls Downgrade Upgrades Δ1.71

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 Δ1.71

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.

How Small Cap Pharma Stocks Will Rise Amid Obesity Treatment Boom? Δ1.70

Pacira BioSciences, Inc. (NASDAQ:PCRX) is a leading small cap pharma stock that stands out among its peers due to its strong pipeline and growing demand for obesity treatments. The company's injectable medication, Qsymia, has shown promising results in clinical trials, demonstrating significant weight loss benefits for patients. With the increasing focus on innovative weight reduction solutions, Pacira BioSciences is well-positioned to capitalize on this trend.

VKTX Stock Soars on Rumors of Pfizer Acquisition Deal Δ1.70

Viking Therapeutics, Inc. (NASDAQ:VKTX) saw a significant increase in share price by 9.30 percent to close at $28.09 apiece on Tuesday, driven by rumors of a potential acquisition deal with pharmaceutical giant Pfizer Inc. The company has announced participation in two investor conferences, sparking hopes for new developments and possible partnerships. Despite the recent earnings report showing widening net losses, investors have expressed optimism about the company's future prospects.

Regaining Nasdaq Compliance to Save Btai Δ1.70

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.

Skyrocketing Biotech Stocks: The BeiGene Advantage Δ1.69

BeiGene, Ltd. (NASDAQ:ONC) has surged in value this year, driven by solid Q4 and full-year results that demonstrate the company's growth potential. The stock's global revenue growth of 78% year-over-year to $1.1 billion in Q4 2024 highlights the increasing demand for cancer treatments. As the global population ages, the number of cancer patients is expected to rise, creating a significant opportunity for companies like BeiGene to expand their market share.

Checkpoint Therapeutics Acquisition to Boost Sun Pharma's Oncology Portfolio Δ1.69

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.

Abbvie's Next Big Moneymaker? This Drug Just Took a Huge Step Toward Approval Δ1.69

AbbVie has received a positive opinion from the European Medicines Agency for its drug upadacitinib (RINVOQ), potentially positioning it as a leading treatment for giant cell arteritis (GCA). If approved by the European Commission, upadacitinib would be the first oral advanced therapy for GCA, marking a significant advancement in AbbVie's immunology portfolio amid rising competition from biosimilars. This development could drive AbbVie's growth trajectory, making it a key player in the biopharmaceutical sector.

Smart Rings Go up to $100 Off: The Oura Ring 3 Deal Is Too Good to Pass Up Δ1.69

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.

OnePlus Offers Limited-Time Discounts on Multiple Flagship Smartphones and Wearables Δ1.69

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.

Cardiff Oncology Beats Expectations in Full Year 2024 Earnings Δ1.69

Cardiff Oncology's full year 2024 earnings have exceeded analyst estimates, with a net loss of US$45.5m and a loss per share of US$0.95, wider than the previous year's loss of US$0.93. The company's revenue surpassed expectations by 12%, beating forecasts for growth in the biotechs industry in the US. Looking ahead, Cardiff Oncology's revenue is forecast to grow at an average rate of 52% per annum over the next three years.

The Best Small Cap Pharma Stocks to Buy Now Face Uncertain Regulated Environment Δ1.69

Kiniksa Pharmaceuticals International, plc (NASDAQ:KNSA) stands out among its peers in the small cap pharma sector due to its promising pipeline and solid financials. The company's obesity medication candidates have shown encouraging results in clinical trials, offering a potential solution for weight management disorders. However, the regulatory landscape remains uncertain, with ongoing debates about the efficacy of these medications and the impact of US tariffs on pharmaceutical manufacturing costs.

Abbott's OTC Glucose Monitor Encouraged Healthy Eating Habits Δ1.69

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.

Sunshine Biopharma Acquires Rights to Launch Two Gastrointestinal Drugs in the Canadian $200 Million Δ1.69

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.

The Rise of Preventive Longevity Startups Δ1.69

Biograph, a company co-founded by longevity guru Peter Attia and prominent Silicon Valley VC John Hering, has emerged from stealth with its claim to be the world's "most advanced" preventive health and diagnostics clinic. The startup promises to collect over 1,000 data points across 30+ evaluations to paint a holistic picture of someone's health and optimize their lifespan through its services. Biograph's pricing is steep, with Core membership costing $7,500 per year, while the premium Black membership runs $15,000.

Ninja Blast Portable Blender Now on Sale for £39. Δ1.69

The Ninja Blast Portable Blender is now available for £39, marking a 22% discount and its first sale on Amazon, just in time for the warmer months when smoothies are in high demand. This cordless, rechargeable blender offers convenience with up to 10 blends on a single charge and is designed for use in various locations such as the gym or park. While not recommended for soups, it excels at breaking down fibrous fruits and vegetables, making it an appealing option for health-conscious consumers looking to save on smoothie costs.

Celsius Stock Is Soaring Again and Just Made a $1.8 Billion Bet that Is Delighting Shareholders Δ1.69

The tide may be turning for Celsius Holdings as its stock jumped 40% following its fourth-quarter earnings report and announcement of the blockbuster acquisition of competitor Alani Nu. Management is aggressively positioning itself as the leader in sugar-free energy drinks, with combined revenue from Celsius and Alani Nu poised to close in on 20% market share in the United States. Investors have applauded Celsius's bounce-back earnings and the Alani Nu deal, with some speculating that this marks a turning point for the company.

Sun Pharmaceutical Industries Ltd. Buys US-Based Checkpoint for $355 Million Δ1.69

Sun Pharmaceutical Industries Ltd. has agreed to buy US-based immunotherapy and oncology firm Checkpoint Therapeutics Inc. for an upfront payment of $355 million, as India’s largest drugmaker bolsters its specialty therapy portfolio. The acquisition is the firm’s second in less than three months, as it tries to rapidly diversify beyond generic drugs and build out a portfolio of novel therapies. This deal further underscores Sun Pharma's expansion into the lucrative US market for specialty medicines.