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CVS brings back coverage for Lilly's obesity drug Zepbound
Reuters69d agoneutral
CVS brings back coverage for Lilly's obesity drug Zepbound

May 28 () - CVS Health said on Thursday it will add Eli Lilly's weight-loss drug Zepbound back to some ‌of its drug lists as an additional preferred option ‌for insurance coverage. Caremark, CVS' pharmacy benefit management unit, had dropped Zepbound from coverage ​on July 1 last year, while continuing to reimburse for rival Novo Nordisk's Wegovy after negotiating a more favorable price from the Danish drugmaker.

Novo Nordisk (NVO) Among Our Most Undervalued Foreign Stocks to Buy Now
Insider Monkey70d agobullish
Novo Nordisk (NVO) Among Our Most Undervalued Foreign Stocks to Buy Now

Novo Nordisk A/S (NYSE:NVO) is one of the Most Undervalued Foreign Stocks to Buy Now. On May 6, Reuters reported that Novo Nordisk A/S (NYSE:NVO) topped first-quarter profit forecasts and also raised the full-year outlook slightly. The results were driven by the company’s new Wegovy weight-loss pill, which was launched in the US in January. […]

Novo Nordisk POSEIDON Data Highlights Residual Inflammatory Risk And New Opportunity
Simply Wall St.71d agoneutral
Novo Nordisk POSEIDON Data Highlights Residual Inflammatory Risk And New Opportunity

Novo Nordisk (CPSE:NOVO B) reported new findings from its POSEIDON study on cardiovascular inflammation in patients with heart disease. The study highlights a high prevalence of cardiovascular inflammation among patients already receiving treatment for atherosclerotic cardiovascular disease. Results point to an unmet medical need for therapies that can address residual inflammatory risk beyond current standard care. Novo Nordisk, known for its cardiometabolic and related therapies, now has...

Ozempic, Other Weight Drug Users Cut Back On Eating Out. What That Means For Restaurants.
Investor's Business Daily71d agoneutral
Ozempic, Other Weight Drug Users Cut Back On Eating Out. What That Means For Restaurants.

Weight-loss drugs such as Novo Nordisk's Ozempic and Wegovy are disrupting eating habits, and restaurants should prepare for changes, an analyst says. More than half of Americans taking GLP-1 drugs including Eli Lilly's Mounjaro have changed their eating habits, a survey by UBS found. "Our survey results suggest GLP-1 users are more likely to eat less calories while taking GLP-1 drugs, with survey respondents dining out less, changing eating habits, and appreciating healthier foods more," UBS analysts led by Dennis Geiger said in a note to clients.

If Viking Therapeutics Is Acquired, Here’s Who Wins
24/7 Wall St.71d agobullish
If Viking Therapeutics Is Acquired, Here’s Who Wins

Polymarket traders are watching one biotech more closely than any other for an acquisition. Viking Therapeutics (NASDAQ: VKTX) carries a 38.5% implied probability of being acquired before 2027, with all-time volume above $1.68 million on that single contract. The hook is obesity. Viking’s VK2735 dual GLP-1/GIP agonist is arguably the most advanced obesity asset not ... If Viking Therapeutics Is Acquired, Here’s Who Wins

Novo Nordisk Nears EU Nod For Oral Wegovy And Investor Opportunity
Simply Wall St.71d agoneutral
Novo Nordisk Nears EU Nod For Oral Wegovy And Investor Opportunity

Novo Nordisk (NYSE:NVO) received a positive opinion from the European Medicines Agency supporting EU approval of its oral Wegovy obesity treatment. The therapy would be the first oral GLP-1 option for obesity in Europe if formally authorized by the European Commission. The development follows a strong U.S. launch for the Wegovy pill and comes ahead of planned international rollouts. Novo Nordisk, known for its diabetes and obesity treatments, is now moving closer to bringing an oral Wegovy...

Assessing Novo Nordisk (CPSE:NOVO B) Valuation After EU Boost For Wegovy Oral Pill
Simply Wall St.72d agoneutral
Assessing Novo Nordisk (CPSE:NOVO B) Valuation After EU Boost For Wegovy Oral Pill

The recent positive opinion from the EMA’s Committee for Medicinal Products for Human Use on the Wegovy pill has pushed Novo Nordisk (CPSE:NOVO B) back into focus for investors watching obesity and cardiovascular treatments. See our latest analysis for Novo Nordisk. These Wegovy updates have arrived during a strong short term rebound in Novo Nordisk’s share price, with a 30 day share price return of 11.18% and 90 day return of 18.61%. However, the year to date share price return is down...