STAT+: Wave’s ‘gym bro’ obesity drug is story over substance

This story first appeared in Adam’s Biotech Scorecard, a subscriber-only newsletter. STAT+ subscribers can sign up here to get it delivered to their inbox. I’m just back from the ASH meeting in Orlando, so a shorter-than-normal newsletter this week.  “Mean Adam” is also back. You’ll see below.  Continue to STAT+ to read the full story…

STAT+: Driven by GLP-1s, prescription drug spending explodes at major health insurers

Health insurance companies have lamented fast-rising medical expenses for more than two years. This year is no different as Americans continue to get more care than insurers expected.  One of the main culprits of that higher spending: prescription drugs, and GLP-1s in particular. Some insurers spent more on drugs in the first nine months of […]

STAT+: New data confirm Novo drug did not slow Alzheimer’s progression

Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning. We’ve got a lot of biotech news to get to today.   STAT is also launching a 10-part series called “American Science, Shattered” today. You can read the first few stories here. Continue […]

STAT+: Novo Nordisk’s semaglutide fails to slow Alzheimer’s progression

Two trials testing the Novo Nordisk weight loss drug semaglutide in Alzheimer’s disease failed, the company said Monday, showing the medicine did not slow the progression of the condition versus placebo.  Studying semaglutide — the key ingredient in the blockbusters Ozempic and Wegovy — in Alzheimer’s was always seen as a long shot, even as […]

STAT+: Why is Eli Lilly worth nearly $1 trillion?

Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox. Good morning. We’ve got big FDA news to get into today — let’s get straight into it. FDA names Richard Pazdur as top drug regulator   The FDA yesterday said it has chosen Richard Pazdur, its […]