menu_open
Bruce Gil

Bruce Gil

Quartz

We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Amgen teased trial results of its potential Ozempic competitor — and the stock surged 13%

Amgen stock picked up 13% during Friday morning trading, a day after its CEO Robert Bradway teased encouraging trial results of its experimental...

yesterday 5

Quartz

Bruce Gil

Wegovy sales surge, COVID vax sales sink, and 'junk' patents: Pharma news roundup

Novo Nordisk responded this week to the Federal Trade Commission’s (FTC) suggestion that it filed ‘junk’ patents to prevent competition and...

yesterday 10

Quartz

Bruce Gil

Sony and Apollo want to buy Paramount for $26 billion in cash

Sony Pictures and Apollo Global Management have made a $26 billion all-cash offer to buy Paramount Global, the parent company of CBS, MTV, and...

previous day 5

Quartz

Bruce Gil

Ozempic maker Novo Nordisk denies flooding market with 'junk' patents after FTC challenge

Novo Nordisk responded today to the U.S. Federal Trade Commission’s (FTC) suggestion that it filed ‘junk’ patents to prevent competition and...

previous day 3

Quartz

Bruce Gil

Wegovy sales more than doubled last year, Novo Nordisk reports

Novo Nordisk raised today both its full year sales and operational profit guidance for the year after reporting booming sales of its blockbuster...

previous day 10

Quartz

Bruce Gil

Ozempic is so hot right now that subsidies for the drug are being cut in Novo Nordisk's home country

The skyrocketing popularity of the diabetes drug Ozempic has put a heavy burden on public spending in Denmark, the home country of the drug’s...

wednesday 10

Quartz

Bruce Gil

Johnson & Johnson wants to pay $6.5 billion to settle its talc ovarian cancer lawsuits

Johnson & Johnson announced Wednesday that it plans to pay nearly $6.5 billion over 25 years to settle all pending and future U.S. lawsuits alleging...

wednesday 7

Quartz

Bruce Gil

Three things to look out for when Novo Nordisk reports its first quarter earnings

Novo Nordisk, the maker of the mega-popular diabetes and weight loss medications Ozempic and Wegovy, is set to report its first quarter earnings on...

wednesday 10

Quartz

Bruce Gil

The FTC is challenging 'junk' patent listings against Ozempic and 19 other drugs

The U.S. Federal Trade Commission (FDA) announced on Tuesday that it is disputing over 300 patent listings across 20 different brand name drugs in an...

30.04.2024 4

Quartz

Bruce Gil

Weight loss drugs are so hot that Eli Lilly is expecting $2 billion more in sales this year

Eli Lilly stock jumped 5% during Tuesday morning trading to about $773 a share after the pharma giant reported better-than-expected sales of its...

30.04.2024 3

Quartz

Bruce Gil

Walmart is closing its 'unsustainable' health centers

Walmart announced today that it is closing all 51 of its health centers across five states and its virtual health care service due to a lack of...

30.04.2024 5

Quartz

Bruce Gil

Paramount Global CEO Bob Bakish is stepping down

Paramount Global, the parent company of CBS and MTV, announced late Monday that CEO Bob Bakish is stepping down from his role. Read more...

29.04.2024 8

Quartz

Bruce Gil

A dose of the popular weight loss drug Wegovy is back on the shelves, FDA says

A dose of Wegovy’s highly-coveted weight loss drug is no longer in limited supply, according to Food and Drug Administration (FDA) drug shortage...

29.04.2024 10

Quartz

Bruce Gil

Philips settled a recalled CPAP case and it sent stocks soaring

Philips stock soared nearly 30% on Monday to over $27 after the the Dutch medical device maker announced it has agreed to pay $1.1 billion to resolve...

29.04.2024 3

Quartz

Bruce Gil

Paramount CEO Bob Bakish could be ousted today. Here's what to know

Paramount Global CEO Bob Bakish could be let go from the company as soon as today, according to various news outlets. Read more...

29.04.2024 10

Quartz

Bruce Gil

These lifestyle gyms aren't competing with Ozempic — they're embracing it

You may think that a class of drugs that has been shown to help users lose 15% to 20% of their body weight may put the fitness industry on edge. But...

28.04.2024 7

Quartz

Bruce Gil

Bird flu traces have been found in cows' milk. Should we be worried?

The U.S. Food and Drug Administration (FDA) said on Thursday that genetic fragments of the H5N1 bird flu virus have been detected in one in five...

26.04.2024 10

Quartz

Bruce Gil

AbbVie's newer drugs are offsetting losses of the world's once best-selling medication

AbbVie raised its full year profit guidance today, even as sales of its flagship medication have continued to fall. Read more...

26.04.2024 10

Quartz

Bruce Gil

Ozempic hits booze sales, Moderna likes AI, and Biogen's blockbuster drug: Pharma news roundup

A new report from Morgan Stanley finds that people using GLP-1 drugs — among them Ozempic, Wegovy, Mounjaro, and Zepbound — reduce their...

26.04.2024 20

Quartz

Bruce Gil

Major drugmakers are bracing to lose their most lucrative patents this decade

Pharma giants Merck and Bristol-Myers Squibb are both getting ready for some of their key drug patents to expire in the next few years. Both companies...

25.04.2024 10

Quartz

Bruce Gil

Drug sales keep beating Wall Street's expectations and boosting some pharma stocks

It has been a busy week for pharma giants reporting their latest quarterly earnings and a lot of them have exceeded analysts’ estimates. Read...

25.04.2024 8

Quartz

Bruce Gil

Merck's stock rises on sales of its blockbuster cancer drug Keytruda

Merck’s stock jumped 3% to about $130 during Thursday morning trading after the New Jersey-based pharmaceutical company reported higher than...

25.04.2024 10

Quartz

Bruce Gil

Senate launches probe into high Ozempic and Wegovy prices in the US

U.S. Sen. Bernie Sanders sent letter on Wednesday to Novo Nordisk CEO Lars Fruergaard Jørgensen announcing that the Senate Committee on Health,...

25.04.2024 10

Quartz

Bruce Gil

Algorithms: A mirror built by data

What is “the algorithm?” Read more...

24.04.2024 3

Quartz

Bruce Gil

Biogen shares rise on sales of groundbreaking Alzheimer's drug Leqembi

Biogen stock jumped 5% to about $202 during Wednesday morning trading, after the Cambridge, Massachusetts-based pharmaceutical company reported higher...

24.04.2024 10

Quartz

Bruce Gil

Wegovy could soon treat millions of Medicare patients

Millions of Americans could now be eligible for Medicare to cover their prescriptions of the popular weight loss drug Wegovy, according to a new...

24.04.2024 10

Quartz

Bruce Gil

Ozempic is coming for the tobacco and alcohol industries next

It’s not only food CEOs who need to worry about their bottom lines thanks to in-demand weight loss drugs like Ozempic. Big Tobacco and Alcohol have...

23.04.2024 10

Quartz

Bruce Gil

UnitedHealth Group says it paid a ransom to protect patient data compromised in cyberattack

UnitedHealth Group, the parent company of the largest health insurer in the U.S., confirmed this week that it paid a ransom in relation to a...

23.04.2024 10

Quartz

Bruce Gil

Ozempic users are spending less money at restaurants, Morgan Stanley survey says

Over half of people who are on Ozempic or another GLP-1 drug — a class of weight loss and diabetes medications— say they are spending less money...

23.04.2024 10

Quartz

Bruce Gil

Luxury home prices hit a record in 2024 as half of wealthy buyers pay in cash

The median price for U.S. luxury homes rose 9% year over year to a record $1.225 million in the first quarter of 2024, according to a new report from...

22.04.2024 5

Quartz

Bruce Gil

Apple, Nvidia, and other Big Tech stocks could see their profit growth 'collapse,' UBS says

UBS Global Research downgraded its rating of what it calls the “Big Six” tech stocks—Apple, Amazon, Google-parent Alphabet, Meta, Microsoft and...

22.04.2024 3

Quartz

Bruce Gil

One of Europe's biggest banks reduced its stake in Apple, Tesla, and Microsoft

DNB Asset Management reduced its stakes in Magnificent Seven members Apple, Microsoft, and Tesla in the first three months of 2024, a filing with the...

22.04.2024 20

Quartz

Bruce Gil

Warner Bros. Discovery CEO David Zaslav got paid $50 million even as the company lost money

Despite Hollywood often being at a standstill for half the year in 2023 due to two strikes, Warner Bros. Discovery CEO David Zaslav saw his take-home...

20.04.2024 5

Quartz

Bruce Gil

Air traffic controllers will have to take a 10-hour break between shifts to avoid fatigue

The U.S. Federal Aviation Administration said on Friday that it is increasing the amount of required rest time that air traffic controllers get...

19.04.2024 2

Quartz

Bruce Gil

Procter & Gamble hiked prices — and then Pampers and Bounty sales dipped

Shares of consumer goods giant Procter & Gamble (P&G) slipped during Friday morning trading, after price hikes on certain products kept the company...

19.04.2024 5

Quartz

Bruce Gil

Fake Ozempic sites, more Zepbound shortage, and J&J 's sales miss: Pharma news roundup

The Food and Drug Administration said this week that more doses of Eli Lilly’s popular diabetes and weight loss drugs will be in limited supply...

19.04.2024 6

Quartz

Bruce Gil

The WHO's new AI health chatbot is already making some mistakes

The World Health Organization (WHO) this month launched what it is calling a Smart AI Resource Assistant for Health, or Sarah for short. However the...

18.04.2024 10

Quartz

Bruce Gil

The WHO is rebranding COVID and other respiratory illnesses

It took over a hundred scientists from around the world two years to finally get on the same pageregarding the best language to use when talking about...

18.04.2024 10

Quartz

Bruce Gil

Even more doses of Eli Lilly's Zepbound and Mounjaro are officially in a shortage, FDA says

Eli Lilly, the world’s most valuable pharmaceutical company, can’t keep up with soaring demand of its popular diabetes and weight loss drugs. Read...

17.04.2024 10

Quartz

Bruce Gil

Eli Lilly's Zepbound could help treat sleep apnea — paving a way to Medicare coverage

Eli Lilly announced today that the drug behind Zepbound was found to help alleviate sleep apnea in patients with obesity in late-stage clinical...

17.04.2024 9

Quartz

Bruce Gil

Viewers are giving up on Amazon Prime Videos because of errors on the platform, says report

Catalog errors on Amazon’s video streaming service are so bad that they’ve kept some viewers from finishing shows on the platform, according to ...

16.04.2024 10

Quartz

Bruce Gil

Johnson & Johnson's bet on heart devices boosted sales — but it still missed analysts' expectations

Johnson & Johnson’s recent investments in medical devices helped boost sales, but the company’s total revenue in the first quarter of the year...

16.04.2024 20

Quartz

Bruce Gil

UnitedHealth stock pops even after a big cyberattack cost it big money

UnitedHealth Group, the largest health insurance company in the U.S., was the top performer in S&P 500 Tuesday morning after it reported higher-than...

16.04.2024 10

Quartz

Bruce Gil

Hundreds of websites have been hawking fake Ozempic and other weight loss drugs. More may be coming

BrandShield, a cybersecurity firm that detects trademark infringement and counterfeit sales online, said on Monday that it shut down more than 250...

15.04.2024 3

Quartz

Bruce Gil

Warren Buffett's Berkshire Hathaway keeps buying up Liberty Sirius XM stock

Berkshire Hathaway, the holdings company founded and led by renowned investor Warren Buffett, bought 1.9 million shares Liberty Sirius XM last week...

15.04.2024 10

Quartz

Bruce Gil

Activist investor blasts Novavax for not using mRNA fears to boost sales of it COVID-19 vaccine

The activist hedge fund Shah Capital blasted the leadership of Novavax for not leveraging concerns some people have about mRNA vaccines to boost sales...

15.04.2024 3

Quartz

Bruce Gil

Almost 600,000 Roku accounts have been breached this year

Roku, the maker of SmartTV and streaming devices, said Friday that about 576,000 user accounts were compromised in the second cyberattack to hit the...

12.04.2024 10

Quartz

Bruce Gil

BlackRock CEO Larry Fink is skeptical of the Fed's 2% inflation target

BlackRock CEO Larry Fink said on Friday that he expects the Federal Reserve to cut interest rates at least twice this year even if inflation stays...

12.04.2024 9

Quartz

Bruce Gil

EU regulators found now 'causal' link between Ozempic and suicidal thoughts

A European Union regulator found no evidence of a “causal” link between GLP-1 drugs — such as Ozempic and Wegovy — and suicidal thoughts.Read...

12.04.2024 5

Quartz

Bruce Gil

Moderna's new cancer vax, AstraZeneca CEO's big pay, and record-high drug shortages: Pharma news round up

Moderna stock rose after new data suggested that its experimental vaccine could be used to treat a variety of cancers. The American Society of...

12.04.2024 10

Quartz

Bruce Gil

a3900527fb51457093bbf41a485b0527