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News in-depthHealthcare
Wealthier adults drive sharp rise in demand for ADHD drugs
...according to the Food and Drug Administration....
February 3, 2024
InterviewMarks & Spencer Group PLC
Breaking the ‘vicious circle’ of ageing customers: Archie Norman on turning around M&S
...The group has 244 full department stores selling clothes, food and homeware, with another 319 M&S-owned food stores and 461 franchise food stores....
November 11, 2023
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...Leqembi, priced at $26,500 a year, was the first drug with a black-box warning — the most severe designation about possible side effects — to be granted full approval by the US Food and Drug Administration...
April 22, 2024
Eli Lilly & Co
US regulator delays decision on Eli Lilly’s Alzheimer’s drug donanemab
...A decision from the US Food and Drug Administration on Eli Lilly’s donanemab drug was originally due by the end of the first quarter but the breakthrough medicine will now be subject to a further review...
March 8, 2024
Biotech
UK biotech signs $1bn deal to develop liver disease drugs
...The US Food and Drug Administration recently approved the first-ever drug designed specifically for the most common liver disease, metabolic dysfunction-associated steatohepatitis or mash, developed by Madrigal...
April 22, 2024
News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
Weight-loss drugs to be covered by Medicare for certain conditions in US
...Novo Nordisk’s Wegovy medication, which this month received US Food and Drug Administration approval to help reduce heart attack and stroke risk in patients with a history of cardiovascular problems, can...
March 21, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
News updates from March 8: US adds 275,000 jobs in February; Bitcoin and gold touch new highs
US regulators delay decision on Eli Lilly’s Alzheimer’s drug
...A decision on Eli Lilly’s donanemab drug from the US Food and Drug Administration was originally due by the end of the first quarter, but the medicine will now be subject to a further review by an advisory...
March 8, 2024
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...A Humira biosimilar from Teva Pharmaceuticals working with Alvotech earlier this year became the first drug that the US Food and Drug Administration granted interchangeable status, which lets pharmacists...
April 25, 2024
Biotech
Investors pile into psychedelic drug start-ups tackling mental health
...These will be the first results from a study designed around landmark US Food and Drug Administration guidelines for researching psychedelics that were outlined last year, a decision that encouraged investors...
February 10, 2024
Biotech
Weight loss biotech plans IPO as demand builds for anti-obesity treatments
...Soleno Therapeutics, a rival biotech which is expected to file for US Food and Drug Administration approval for another treatment for Prader-Willi syndrome later this year, is currently valued at nearly...
March 29, 2024
Eli Lilly & Co
Eli Lilly weight-loss drug found to address sleep apnoea in trial
...Eli Lilly said that it plans to submit the results to the US Food and Drug Administration and other medicine regulators worldwide to seek approval for tirzepatide as a sleep apnoea treatment beginning this...
April 17, 2024
Pharmaceuticals sector
Pharma groups warn of supply crunch over China spying law
...Meanwhile, official data seen by the Financial Times shows some US Food and Drug Administration inspectors have been refused entry to Chinese production sites since the pandemic....
April 21, 2024
Moral Money
The societal side effects of weight-loss drugs Premium content
...The US Food and Drug Administration says there is a shortage of Novo Nordisk’s and Eli Lilly’s diabetes drugs, while Belgium has banned the off-label use of Novo Nordisk’s diabetes drug for obesity treatments...
March 13, 2024
GSK PLC
GSK readies for pivotal ruling in Zantac cases
...The US Food and Drug Administration and the European Medicines Agency recommended suspension of ranitidine products and the FDA asked all manufacturers to withdraw their products based on the drug....
April 24, 2024
Drug prices
US regulator approves Florida bid to import medicines from Canada
...The US Food and Drug Administration will allow Florida to import medicines from Canada, making it the first state to capitalise on rules designed to lower the cost of prescription drugs....
January 5, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
News updates from December 8: US adds 199,000 jobs in November, UK competition watchdog examining Microsoft-OpenAI ties
US drug regulator approves Crispr gene editing therapy
...The US Food and Drug Administration on Friday approved the world’s first ever two gene therapies to treat patients with sickle cell disease....
December 8, 2023
News updates from December 22: UK economy shrinks in Q3, Fed’s preferred measure of inflation falls
Bristol Myers Squibb strikes $14bn deal for schizophrenia drugmaker Karuna
...The chief attraction is Karuna’s new schizophrenia treatment KarXT, which it has submitted to the US Food and Drug Administration with an anticipated decision to be made by next September....
December 22, 2023
News in-depthEli Lilly & Co
Eli Lilly races to boost capacity as it rolls out rival to Novo Nordisk weight-loss drug
...The rush to secure manufacturing capacity comes as Wegovy and Mounjaro, which is also commonly prescribed off-label for weight loss, are in short supply, according to the US Food and Drug Administration....
March 5, 2024
Food & Beverage
Moves to ban lab-grown meat intensify in Republican US states
...Cultivated meat businesses argued they undergo close scrutiny by the US Food and Drug Administration and the US Department of Agriculture before products can be eaten....
March 31, 2024
News in-depthWeight Watchers International Inc
WeightWatchers faces an era when weight loss comes in a syringe
...But within a year of the US Food and Drug Administration’s 2021 approval of the weight-loss drugs known as GLP-1 agonists, the threat of them breaking WW’s business model became clear....
April 9, 2024
Food & Beverage
The water of taps in the age of chemical appetite deduction
...Citi’s analysts add: Interesting[ly], user[s] of GLP-1 drugs indicated they were consuming less sports drinks, while those on other diet methods noted they were consuming more....
February 1, 2024
News updates from November 8: Iger pledges another $2bn in Disney cost cuts, Draghi delivers downbeat EU forecast
US approves Eli Lilly’s injectable weight loss drug
...The Food and Drug Administration on Wednesday approved Zepbound for obese and overweight adults. About 70 per cent of adults in the US are obese or overweight, the FDA said....
November 8, 2023
Royal Philips NV
Philips halts sleep apnoea device sales in US after FDA deal
...and Drug Administration....
January 29, 2024
Pharmaceuticals sector
Approval for Eli Lilly obesity drug sets up rival to Wegovy
...The US Food and Drug Administration and the UK’s Medicines and Healthcare products Regulatory Agency said patients in clinical trials of Lilly’s tirzepatide had seen “significant” weight loss compared with...
November 9, 2023
LexRoyal Philips NV
Philips: suspect device prompts night terrors for investors Premium content
...On Tuesday, the US Food and Drug Administration issued a “device safety communication” about DreamStation 2. Philips launched this gadget three years ago to replace the discredited predecessor....
November 29, 2023

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