Illustration of Revolutionary Weight Loss Pill Advancement and FDA Decision Shake Pharmaceutical Market

Revolutionary Weight Loss Pill Advancement and FDA Decision Shake Pharmaceutical Market

Pfizer announced on Thursday that it is progressing with the development of a once-daily weight loss pill, which it anticipates could be competitive 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) indicated that pharmacy benefit managers (PBMs) are contributing to the rising prices of drugs.

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