Will Trump Nix Biden's Coverage Plan for Weight-loss Drugs? It'll Be a Close Call.
Hong Kong stocks morning report on December 5: Most china concept stocks fell, Meitu cleared its crypto profits of about 0.571 billion yuan.
The latest Beige Book survey from the Federal Reserve shows a slight increase in economic activity in November. Federal Reserve Chairman Powell stated that the Fed can remain cautious when looking for the neutral interest rate. President Trump selected digital assets advocate Paul Atkins to be the chairman of the U.S. Securities and Exchange Commission, causing a surge in cryptocurrencies and related stocks. The three major U.S. stock indexes hit record highs on Wednesday, while most popular China concept stocks fell.
Health Care Flat on Biotech, Obesity-Drug Hopes -- Health Care Roundup
U.S. stocks closed: The three major indices hit new highs as Trump rallied the cryptos craze, and the AI applications and chip sector saw more bullish earnings reports.
① Powell's wording is "just right," and the Dow Jones industrial average closed above 45,000 points for the first time in history; ② AI applications and the chip sector see another bullish earnings report; ③ The CEO of the largest health insurance company in the usa was assassinated on the street; ④ Trump nominated an SEC chairman with a pro-cryptos stance.
Express News | Eli Lilly Canada: Participants Using Tirzepatide Lost 50.3 Lbs. (22.8 Kg) and Participants on Wegovy Lost 33.1 Lbs. (15.0 Kg), on Average
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Zepbound Tops Wegovy for Weight Loss in Eli Lilly Study
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Eli Lilly and Co announced the comparative trial results: Zepbound's weight-loss effect is better than Novo Nordisk's Wegovy.
eli lilly and co announced on Wednesday that in a comparative trial, its weight loss drug Zepbound had a greater weight loss effect than the competitor novo-nordisk a/s's similar drug Wegovy; eli lilly is still evaluating the trial results, the company stated that it plans to publish them in a peer-reviewed journal and present them at medical conferences next year.
Better than Wegovy! eli lilly and co's weight loss drug Zepbound averaged a 20% weight loss over 72 weeks, with a 2.5% pre-market surge.
Participants using Wegovy from novo-nordisk a/s only experienced a 14% reduction. This result presents eli lilly and co with an opportunity to surpass, especially with the obesity drug market expected to reach 130 billion USD by the end of this decade.
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Update: Eli Lilly Says Its Zepbound Showed 47% 'Greater Relative Weight Loss' Against Wegovy in Phase 3b Trial
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Eli Lilly (LLY.US) outperformed Novo Nordisk (NVO.US) in the comparative trial showing that Zepbound is superior to Wegovy.
Eli Lilly and Co (LLY.US) announced that its weight loss drug Zepbound performed better in the first head-to-head trial compared to the competitor novo-nordisk a/s (NVO.US) Wegovy.