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Eli Lilly obesity drug now available in US pharmacies

(Reuters) -Eli Lilly on Tuesday said its recently approved obesity treatment Zepbound is now available in U.S. pharmacies and could cost $550 a month for customers whose health insurance does not cover the drug, or half the list price. Wall Street analysts expect sales of Zepbound to reach about $2 billion in 2024, and for sales of Novo Nordisk's rival obesity drug Wegovy to hit around $7.5 billion. Pfizer last week said it would not advance its highly-anticipated oral obesity drug danugl...
New York United States Novo Wegovy Patrick Wingrove Eli Lilly Khushi Mandowara
Source: yahoo.com

Global banks forecast improved investment banking outlook

Global bank executives said that dealmaking conditions have begun to improve, with some predicting a better outlook for strategic mergers and acquisitions at an industry event Tuesday. Both M&A activity and initial public offerings (IPOs) faltered last year after Russia's invasion of Ukraine and the U.S. Federal Reserve's aggressive rate hikes to tame inflation. "The M&A deals are coming a little faster," Bank of America CEO Brian Moynihan told the Goldman Sachs U...
United States Brian Monyihan Bill Rogers Goldman Coleman John Weinberg Saeed Azhar
Source: yahoo.com

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