American pharma giant leading GLP-1 drugs and diabetes therapies
Foundayo, the oral GLP-1 weight-loss pill by Eli Lilly, has been authorised by the MHRA for weight management and type 2 diabetes. It will be available privately; NHS adoption depends on NICE evaluation. Several UK outlets report on uptake, pricing, side effects and competing pills, including Wegovy and Wegovy HD.
Lilly and Novo Nordisk have surpassed forecasts in Q2, widening the gap in the obesity-drug space. Lilly leads in the US with about 61% share; Novo raises full-year outlook but faces questions about Wegovy's growth and its pipeline. Investors are watching whether Novo can sustain momentum as competition intensifies.
CVS Health has raised its 2026 guidance, citing stronger profits from its insurance and retail pharmacy segments and a marked improvement in its Aetna unit. The company is expanding GLP-1 weight-loss access through MinuteClinic, while flagging higher medical costs and macro risks.
Eli Lilly has posted another quarter of strong results driven by Mounjaro and Zepbound, lifting full-year guidance. Novo Nordisk trails in growth momentum as it works to regain share and assure investors of a clear long-term path. Foundayo’s launch adds a new dimension to Lilly’s portfolio.
Lilly has filed six lawsuits targeting online sellers and clinics marketing retatrutide, a GLP-1 drug still in Phase 3 trials for obesity and diabetes, while US authorities report a surge in illicit shipments. The company says products sold online are unverified and unapproved, and warns of substantial health risks.
Norway’s sovereign wealth fund has posted a record first-half profit of about $185 billion as markets rally in tech names. It has disclosed a 0.05% stake in SpaceX, valuing the position at just over $1.2 billion, while its larger holdings include Nvidia, Apple and Microsoft. NBIM says the fund remains globally diversified and long-term oriented.
UK pharmacies are now able to offer orforglipron (Foundayo), the second GLP-1 pill for weight loss, following MHRA approval. The pill, manufactured by Eli Lilly, is available initially by private prescription while NICE assesses a potential NHS rollout in England. It targets BMI thresholds (30+, or 27-30 with weight-related conditions) and is taken daily with no food or water restrictions.
New observational data suggests Shingrix vaccination in older adults is associated with lower cardiovascular risk and reduced dementia incidence over multi-year follow-ups. Studies compare Shingrix to Zostavax and find reductions in heart disease, stroke, and dementia, with stronger signals in men for heart outcomes.
Investors have pushed new biotech winners — from Novo Nordisk’s semaglutide pill to startups tackling baldness and targeted autoimmune drugs — while market enthusiasm has cooled for some forecasts. Novo Nordisk has released a daily weight‑loss pill used by over 1.5 million people; hair‑loss startups have sent small caps soaring; India’s low‑cost GLP‑1 generics have underperformed expectations.
Eli Lilly has agreed to acquire privately held Merida Biosciences for up to $2.88 billion in cash. Merida develops treatments targeting auto-antibodies for autoimmune diseases, with MER511 in early-stage trials for Graves’ disease and thyroid eye disease. The deal expands Lilly’s immunology pipeline amid strong demand for obesity drugs.
The White House has announced that most favored nation pricing will align U.S. drug prices with the lowest prices abroad, with several manufacturers set to participate. Officials say the move will lower costs for Americans and expand constraints on pricing practices.
Nvidia has reported stronger-than-expected results, guiding to 70% revenue growth for fiscal 2028 amid robust AI demand. Amazon plans to buy 2 million Nvidia GPUs, underscoring sustained AI infrastructure buildout. Analysts note the market is reassessing hype around AI as Nvidia shows durable demand and a diversified customer base.
A synthesis of recent sleep studies shows wearables may misjudge sleep quality, narcolepsy treatment advances gain regulatory traction, and weekend catch-up sleep ties to lower hypertension risk, prompting a nuanced view of how to monitor and improve sleep.
The Justice Department has reached a settlement with Abbott over the Sturgis, Michigan plant that produced a major share of U.S. infant formula. The settlement addresses unsanitary conditions and recalls tied to Cronobacter sakazakii, while Abbott maintains no admission of fault. Regulators say the plant’s issues contributed to a nationwide shortage.
Companies are reviewing coverage for GLP-1 weight-loss drugs as costs rise. Some have already trimmed benefits, while others cite long-term employee health benefits as a reason to maintain or adjust coverage. The trend could raise healthcare costs for employers and influence benefits strategies.
Novo has laid out a plan to diversify beyond Wegovy and Ozempic as it faces looming exclusivity losses. Capital Markets Day signals a push into cardiovascular, liver and blood disorders with a target to expand its pipeline, while investors question credibility and near-term milestones amid a evolving GLP-1 landscape dominated by Lilly.
Walmart has expanded benefits for associates, adding 12 weeks of neonatal ICU leave and enabling second opinions for rare conditions. It also joins Novo and Lilly drug coverage for Type 2 diabetics at no cost, while premium increases are minimized. The moves come ahead of open enrollment and build on years of compensation improvements.
The Federal Trade Commission and seven states have asked a federal judge to hold ex-pharma executive Martin Shkreli in contempt for allegedly violating a 2022 lifetime ban by trading pharmaceutical stocks and discussing the industry in livestreams since his release from prison.