14 گھنٹے پہلے
Novo Nordisk maps out five blockbuster launches by 2030 as investors question post-Wegovy growth
Novo Nordisk has outlined a long-term strategy that includes launching five blockbuster drugs by 2030 and generating $23 billion in pipeline revenue by 2035 to offset potential sales erosion after Wegovy’s patent expiry. The plan hinges on a new wave of weight-loss tablets and improved combinations of diabetes and obesity treatments aimed at greater weight loss with fewer side effects. It also includes an expansion into areas such as blood and endocrine disorders. Investors remained unconvinced, sending the shares down 8% on Monday.
14 گھنٹے پہلے
15 گھنٹے پہلے
Oil heads for longest losing streak since August 2025 as Brent slips to $98.30
International oil prices fell for a sixth straight session, with Brent down about 1% to $98.30 and WTI down 1.4% to $89.49. U.S.-Iran talks held at the United Nations, alongside the restart of a previously disrupted Saudi pipeline, eased concerns over potential Middle East supply disruptions. Saudi Aramco plans to restore pipeline flows to roughly 4 million barrels per day (bpd) within a few weeks.
15 گھنٹے پہلے
15 گھنٹے پہلے
FDA advisory panel to vote on Grail’s Galleri multicancer blood test
A U.S. FDA advisory panel is set to vote on whether to recommend authorization of Grail’s Galleri blood test, which the company says can detect up to 50 types of cancer and costs $949. The test is under expedited FDA review, and an approval could make it the first FDA-authorized multicancer screening blood test and potentially open the door to insurance reimbursement. Abbott is also pursuing FDA clearance for a competing multicancer test.
15 گھنٹے پہلے
16 گھنٹے پہلے
Grab CEO and president buy over $30 million in shares after stock hits $2.74 three-year low on Atome deal
Grab shares slid to a more than three-year low of $2.74 after the company announced an acquisition of Atome Financial. The company also unveiled a plan to buy back about $900 million of shares over the next 12 months, but the announcement did not lift the stock. Chief executive Anthony Tan and president Alex Hungate then bought more than $30.86 million of Grab shares combined. After the purchases were disclosed, Grab shares closed up 8.9% the next day.
16 گھنٹے پہلے