Illustration of "Pharmaceutical Giants Clash: Pfizer's Breakthrough Pill vs. Novo Nordisk's Setback"

“Pharmaceutical Giants Clash: Pfizer’s Breakthrough Pill vs. Novo Nordisk’s Setback”

Pfizer announced on Thursday that it is progressing with the development of a once-daily weight loss pill, which it believes could be a strong contender in the GLP-1 market. Meanwhile, the U.S. Food and Drug Administration (FDA) did not approve Novo Nordisk’s once-weekly insulin. Additionally, a report from the U.S. Federal Trade Commission (FTC) stated that pharmacy benefit managers (PBMs) are driving up drug prices.

Explore these stories and other notable pharmaceutical news from this week.

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