quicktake

Why Weight-Loss Drugs Are Billion-Dollar Blockbusters: QuickTake

Why Weight-Loss Drugs Are Billion-Dollar Blockbusters: QuickTake

Obesity is among the world’s most common health conditions, but for years medicine had few effective approaches to offer short of surgery. That’s why there’s been so much excitement about a new class of drugs that’s helping patients shed dozens of pounds at far lower risk — and generating billions in revenue for pharmaceutical companies. The mania over these drugs is drawing responses from businesses as varied as airlines, dialysis centers and big box chains, sending stock markets into a frenzy. Novo Nordisk A/S’s Ozempic was publicized by Hollywood, where it also became a punchline, and now Eli Lilly &…
Read More
Could Antitrust Ruling Against Google Bring Breakup of the Company?

Could Antitrust Ruling Against Google Bring Breakup of the Company?

Alphabet Inc.’s Google lost the biggest antitrust challenge it has faced when a US judge found Aug. 5 that it illegally monopolized the search market. It was a major win for the US Justice Department and state attorneys general and could result in the breakup of the 25-year-old company. Judge Amit Mehta of the US District Court for the District of Columbia ruled that $26 billion in payments that Google made to other companies to make its search engine the default option on smartphones and web browsers effectively blocked any other competitor from succeeding in the market. Mehta’s ruling came…
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.