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Bruce Gil

Bruce Gil

Quartz

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Pfizer plans to cut costs by $1.5 billion as demand for COVID vaccine dwindles

Pharma giant Pfizer announced Wednesday another cost-cutting initiative as the company struggles with diminishing demand for its COVID-19 vaccine....

yesterday 0

Quartz

Bruce Gil

BuzzFeed stock surges after former presidential candidate Vivek Ramaswamy buys activist stake

BuzzFeed stock soared during Wednesday trading following the news that former GOP presidential nominee Vivek Ramaswamy has bought an activist stake in...

yesterday 1

Quartz

Bruce Gil

Novo Nordisk's experimental weekly insulin comes with a higher risk of low blood sugar, warns FDA

Staff at the U.S. Food and Drug Administration (FDA) said on Wednesday that Novo Nordisk’s experimental weekly insulin, Awiqli, carried a higher...

yesterday 2

Quartz

Bruce Gil

Biogen is buying up an immune drug developer for $1.8 billion

Biotechnology giant Biogen said on Wednesday that it is acquiring immune drug developer Human Immunology Biosciences (HI-Bio) to boost its late-stage...

yesterday 7

Quartz

Bruce Gil

GSK says its experimental drug reduced asthma attacks with only two doses a year

People suffering from a severe form of asthma could soon see their symptoms improve with a new medication that only needs to be administered twice a...

yesterday 9

Quartz

Bruce Gil

Hims & Hers is selling an Ozempic knockoff without FDA approval. Here's how

The millennial-skewed telehealth platform Hims & Hers this week joined several online pharmacies in offering customers a compounded version of...

previous day 6

Quartz

Bruce Gil

AstraZeneca aims increase its annual revenue by 75% in its post-COVID era

Cambridge, U.K.-based pharmacuetical giant AstraZeneca announced an ambitious sales goal for the end of this decade, just as it pulls it COVID-19...

previous day 6

Quartz

Bruce Gil

A new genetic test can predict how well Ozempic will work for prospective patients

Those considering whether to try medications like Ozempic for weight loss may soon be able to tell how effective the treatment will be for them....

monday 8

Quartz

Bruce Gil

Hims & Hers is now selling Ozempic-like weight loss drugs for $199

The millennial-skewed telehealth platform Hims & Hers announced Monday that is now offering customers a compounded version of semaglutide, the active...

monday 10

Quartz

Bruce Gil

Elon Musk's Neuralink has been approved to test on a second patient

The U.S. Food and Drug Administration (FDA) has given Elon Musk’s startup Neuralink the official go-ahead to implant its experimental brain chip on...

monday 10

Quartz

Bruce Gil

The rise of Ozempic: How a diabetes medication sparked the weight loss drug revolution

Danish pharma giant Novo Nordisk launched its game-changing diabetes medication Ozempic in 2017. The weekly injection helps people with type-2...

monday 40

Quartz

Bruce Gil

Weight loss pills, a Ozempic's big fan, and Merck's skin cancer drug: Pharma news roundup

It may take a weight loss pill for Eli Lilly to finally meet demand for its popular anti-obesity medications, according to the pharma giant’s top...

17.05.2024 20

Quartz

Bruce Gil

Eli Lilly says experimental weekly insulin works just as well as dailies

People who depend on daily insulin shots may soon have welcome news: a new experimental drug could cut their treatments down from daily doses to...

16.05.2024 10

Quartz

Bruce Gil

Roche boasts promising results in an early trial of its experimental weight loss drug

Swiss pharma giant Roche posted positive results on Thursday of its phase-1 clinical trail for its experimental weight loss drug CT-388.Read more...

16.05.2024 20

Quartz

Bruce Gil

A Chinese biotech company poised for the U.S.'s blacklist has registered to lobby Congress

A bipartisan bill that would prohibit American agencies from working with several Chinese biotech companies, thanks to national security concerns,...

16.05.2024 10

Quartz

Bruce Gil

Netflix's ad-supported plan grew to 40 million active users this year

The number of active monthly users of Netflix’s ad-supported plan skyrocketed 700% to 40 million this year, compared with 5 million in 2023, the...

16.05.2024 60

Quartz

Bruce Gil

Elon Musk’s Neuralink has known about problems with its brain chip implant for years, report says

Elon Musk’s brain chip startup has known about a design flaw in its brain implant’s electrode-containing threads for years, according to a new...

15.05.2024 40

Quartz

Bruce Gil

Pete Buttigieg is 'speechless' that airlines are suing to block rules against hidden fees

U.S. Secretary of Transportation Pete Buttigieg is calling out airlines for suing to block a new rule from the Biden administration meant to...

15.05.2024 40

Quartz

Bruce Gil

Denmark's Prime Minister is a 'huge fan' of Ozempic

Danish pharma giant Novo Nordisk, the maker of the popular diabetes and weight loss drugs Ozempic and Wegovy, has a prominent admirer in its home...

15.05.2024 40

Quartz

Bruce Gil

How to solve the weight loss drug shortage, according to a top Eli Lilly executive

It may take a weight loss pill for Eli Lilly to finally meet demand for its popular anti-obesity medications, according to Eli Lilly’s top leader...

15.05.2024 20

Quartz

Bruce Gil

People taking the weight loss drug Wegovy are keeping the weight off for years, study says

Two new analyses of the longest clinical trial of semaglutide — the active ingredient in Wegovy — have shed some light on the long-term effects of...

14.05.2024 20

Quartz

Bruce Gil

De Beers's owner is dropping diamonds for copper

British mining giant Anglo American said on Tuesday that is planning to spin off its iconic De Beers diamond brand to “improve strategic...

14.05.2024 20

Quartz

Bruce Gil

Johnson & Johnson is selling off its stake in the maker of Tylenol and Band-Aids

Kenvue, the maker of popular consumer health brands like Tylenol and Listerine, announced Monday that Johnson & Johnson is selling its remaining...

13.05.2024 10

Quartz

Bruce Gil

Merck stopped a clinical trial for its experimental skin cancer drug after a high rate of side effects

Merck announced Monday that it is pulling the plug on its phase 3 trial of an experimental combination treatment for skin cancer after side effects...

13.05.2024 30

Quartz

Bruce Gil

Microsoft, Amazon, Pfizer, and others are investing a record $16 billion in France

Microsoft, Amazon, Pfizer, and other corporations announced Monday that they are investing a record 15 million euros ($16.2 billion) in France.Read...

13.05.2024 20

Quartz

Bruce Gil

The FTC is challenging 'junk' drug patents. Here's what they are and why they matter

The U.S. Federal Trade Commission (FTC) announced last week that it is, for the second time, disputing hundreds of “junk” patents listed in the...

09.05.2024 20

Quartz

Bruce Gil

AstraZenca is pulling its COVID vaccine

Cambridge, U.K.-based pharma giant AstraZeneca said on Wednesday that it is no longer producing or supplying its COVID-19 vaccine, known as...

08.05.2024 20

Quartz

Bruce Gil

The 10 cities in the world with the most millionaires

New York, Tokyo, and Paris are among the cities with the most wealthy residents, according to a new report by Henley & Partners, a firm that...

08.05.2024 10

Quartz

Bruce Gil

Amazon is about to start advertising Amazon products when Prime Video users hit pause

Amazon is making it easier than ever for users of its video streaming service to buy directly from commercials. The e-commerce giant announced Tuesday...

08.05.2024 40

Quartz

Bruce Gil

Merck and other pharma giants are bracing for competition to their blockbuster drugs. Here's how.

Every pharmaceutical company is constantly searching for its next blockbuster — the billion-dollar drug that dominates a market, brings in hordes of...

08.05.2024 40

Quartz

Bruce Gil

Equinox just launched a $40,000 gym membership to slow down aging

The upscale gym chain Equinox announced Monday that it is partnering with lab-test startup Function Health to launch one of the most expensive gym...

06.05.2024 20

Quartz

Bruce Gil

Steward Health Care is seeking a bailout in one of the largest hospital bankruptcies in decades

Steward Health Care, the largest physician-led, for-profit hospital network in the United States, filed for bankruptcy Monday morning as it works to...

06.05.2024 10

Quartz

Bruce Gil

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...

03.05.2024 40

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...

03.05.2024 30

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...

02.05.2024 10

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...

02.05.2024 20

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...

02.05.2024 40

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...

01.05.2024 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...

01.05.2024 20

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...

01.05.2024 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 10

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 8

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 20

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 40

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 6

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 40

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 50

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 20

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 40

Quartz

Bruce Gil

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