Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "ANAT"


25 mentions found


An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Eli Lilly on Friday said it is investing another $5.3 billion in a manufacturing plant in Lebanon, Indiana, to boost supply of its highly popular weight loss drug Zepbound, diabetes treatment Mounjaro and other medicines. That makes it Eli Lilly's largest manufacturing investment in its nearly 150-year history, the company's CEO David Ricks said in a statement. Eli Lilly expects the Lebanon site to start making medicines toward the end of 2026, and scale up operations through 2028. The plant will specifically increase Eli Lilly's capacity to manufacture the active ingredient in Zepbound and Mounjaro, called tirzepatide.
Persons: Eli Lilly’s, Eli Lilly, Eli Lilly's, David Ricks, Ricks, Anat Ashkenazi, Ashkenazi Organizations: Nexus Pharmaceuticals, Investors Locations: New York City, Lebanon , Indiana, U.S, Lebanon, Indiana, Europe, North Carolina, Ireland, Germany
A highly popular group of weight loss and diabetes drugs is still hard to find in the U.S. The dominant manufacturers of those treatments, Eli Lilly and Novo Nordisk , are making progress toward changing that. Patients using current autoinjectors for weight loss and diabetes drugs go through four different pens per month. Eli Lilly expects supply for Zepbound, Mounjaro and other incretin drugs to remain "quite tight" in the near- to mid-term as demand remains high, Ashkenazi said. On the day Eli Lilly reported earnings, shares of the company jumped more than 5% on the raised guidance and supply updates.
Persons: Eli Lilly, Anat Ashkenazi, There's, Ashkenazi, David Ricks, , Lilly, Chris Schott Organizations: U.S, Novo Nordisk, Nexus Pharmaceuticals, JPMorgan Locations: North Carolina, Indiana, Ireland, Germany, Europe, U.S
The world's biggest healthcare company said it experienced surging demand for its GLP-1 Zepbound weight loss drug. Eli Lilly raised its 2024 revenue guidance, suggesting that the supply shortage of its weight loss drug may soon ease. The results showed soaring demand for its GLP-1 weight loss drug Zepbound, and the revenue guidance increase suggests that ongoing supply shortages of the drug may soon ease. "We have approximately 67% access in the commercial segment," Eli Lilly CFO Anat Ashkenazi said on the company's earnings call. Eli Lilly is looking to expand its indications of Zepbound so it can treat more health problems, including sleep apnea.
Persons: Eli Lilly, , Zepbound, David Ricks, Eli Lilly's, Anat Ashkenazi, Ashkenazi, LLY, JPMorgan, JPMorgan isn't Organizations: Service, JPMorgan Locations: America
Eli Lilly 's raised guidance stole the show Tuesday, offsetting mixed first-quarter results and propelling shares higher by nearly 6%. Eli Lilly Why we own it: Eli Lilly's best-in-class drugs should enable growth above the industry average for many years to come. At their highs of the morning, shares of Eli Lilly traded above their all-time closing high of $792.28 set on March 4. In general, the more-bullish financial outlook helps make Eli Lilly's high price-to-earnings ratio coming into earnings more tolerable for investors. An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023.
Persons: Eli Lilly, Eli Lilly's, Lilly, Jim Cramer, Lilly's, Jim, Anat Ashkenazi, Zepbound, It's, Ashkenazi, Dave Ricks, donanemab, Jim Cramer's, Eli Lilly’s, Brendan McDermid Organizations: Revenue, LSEG, Novo Nordisk, Biogen, Merck, Pfizer, U.S, Drug Administration, Nexus Pharmaceuticals, CNBC, FDA Locations: Eisai, Zepbound, Trulicity, Wisconsin, New York City, U.S
Fintech giant Stripe revealed in its annual letter published on Wednesday that it surpassed $1 trillion in total payment volume in 2023, up 25% from 2022. By comparison, PayPal surpassed $1 trillion in total payment volume in 2021, 23 years after it was founded. Stripe is valued at $65 billion as of the company's latest tender offer completed last month. We wanted to ensure shareholders have access to liquidity that is why we did the tender offer last year, that's why we did the tender offer this year." "Things got a bit mad at the peak of 2021... startups are focusing on more profitable growth," Collison explained to Sorkin on "Squawk Box."
Persons: Patrick, John Collison, Andrew Ross Sorkin, Collison, Sorkin Organizations: PayPal, CNBC, YouTube
Oura will now sell its smart rings on Amazon , its latest retail expansion as the health and wellness wearable space continues to grow. Starting Thursday, Oura will have its full selection of rings and accessories available to U.S. shoppers on Amazon through its own brand store. The move also comes as Oura faces a new challenge from Samsung in the smart ring category, as well as other wearables adding more health benefits. More than one million Oura rings have been sold to date, according to Oura. As for Samsung's potential entry into a ring, Sweeny said Oura is viewing it "as a positive thing."
Persons: Oura, Doug Sweeny, Sweeny, Fitbit Organizations: Best, Oura, CNBC Disruptor, Samsung, Apple, Garmin, Amazon, Google, Watch Locations: U.S
New York CNN —The New York Times is facing questions about a sweeping investigative story it published on the Israel-Hamas war back in December. But key elements of The Times’ reporting in telling that larger story have since fallen under the microscope. “We weren’t aware of the rape initially; we were informed only when The New York Times’ journalist approached us,” her mother told the Israeli outlet YNet. we don’t know exactly what happened.”“It was only following the New York Times investigation that we learned from the journalists that my sister had been raped,” Abdush’s brother added to YNet. In this case, there is a large volume of evidence to indicate that Hamas carried out sexual assaults during the October 7 attack.
Persons: , , Jeffrey Gettleman, Anat Schwartz, Adam Sella, Schwartz, , Gal Abdush, ” Abdush, Jeremy Scahill, Ryan Grim, Daniel Boguslaw, , Abdush’s, , Gal, Boguslaw, Grim, Gray, Charlotte Klein Organizations: New York CNN, The New York Times, CNN, The, Pulitzer, Times, The Times, New York Times, YNet Locations: New York, Israel, Gaza
Leading the way are health care, with 22%; tech, with 14%; and consumer products and financial services, tied at 10%. Kate Ryder is closing major gaps in women's and family health care with Maven. Michelle Zatlyn, co-founder and chief operating officer at Cloudflare, is giving companies AI tools to bolster cybersecurity and lower costs for vulnerable, critical infrastructure providers, including schools and local election systems. The Changemakers serve as a reminder that success is a result of leading in ways that are authentic. In the book she explored the concept of "reformers" — women working to fix broken systems.
Persons: Anat Ashkenazi, Eli Lilly, Svanika Balasubramanian, Bobbie, Laura Modi, Baby2Baby, Norah Weinstein, Kelly Sawyer Patricof, Alex Cooper, Tracee Ellis Ross, Naomi Osaka, Balasubramanian, Jessica Chang, Maayan Cohen, Kate Ryder, Maven, Monique Rodriguez, Jessica Berman, Kathy Hannun, Clara Shih, Michelle Zatlyn, Kristin Peck, Julia Boorstin Organizations: CNBC, U.S, RePurpose Global, rePurpose, Women's Soccer League, Dandelion Energy, cybersecurity Locations: Changemakers, Cloudflare
Last year, Meeson Pae, a Korean American multidisciplinary artist, walked through the Frieze Los Angeles art fair and thought, “One day, I hope to be here.”This year, she will be, in the booth presented by the gallerist Anat Ebgi at the fair, at the Santa Monica Airport, which opens to V.I.P.’s on Thursday and to the public on Friday. Pae is just one of the dozens of Asian artists, gallerists, curators and collectors in Los Angeles who over the last few years have been gaining recognition and attention from the city’s galleries, museums and the marketplace. The art world’s recent emphasis on equity and inclusion is moving beyond a focus on Black and Latino contributions to include Asian Americans and Pacific Islanders, who have a long history in the city but until recently have tended to be left out of any discussion of the art market, and may have experienced discrimination — even racist incidents — during the Covid-19 pandemic. In Los Angeles, Asian Americans represent the third largest racial group, behind Latinos and whites. And California’s Asian American and Pacific Islander population grew by 25 percent over the past decade, faster than any other ethnic group in the state.
Persons: Meeson, Anat Ebgi, Pae Organizations: Frieze, Santa Monica Airport, Pacific Islanders, Pacific Locations: Korean American, Angeles, Los Angeles, Asian, Pacific Islander
Victoria Klesty | ReutersThe insatiable demand for weight loss drugs is trouncing supply, leaving many patients struggling to find the injectable treatments. The dominant weight loss drugmakers, Novo Nordisk and Eli Lilly , have said supply woes likely won't go away anytime soon, as the popularity of those medicines continues to soar. Some Wall Street analysts project that the weight loss drug market could be worth $100 billion by the end of the decade. But both Novo Nordisk and Eli Lilly gave updates on positive supply developments to investors over the last week. Other forms of weight loss drugs could helpAlternative forms of weight loss drugs could also help alleviate supply constraints in the future.
Persons: Victoria Klesty, Eli Lilly, Cantor Fitzgerald, Louise Chen, Nordisk's Wegovy, Eli Lilly's Zepbound, Goldman Sachs, Jeff Friedman, Novo, Mike Segar, Eli, Catalent, Yves Herman Yves Herman, TD Cowen, Michael Nedelcovych, Anat Ashkenazi, Cantor Fitzgerald's Chen, Morgan Stanley, Eli Lilly's, George Frey Organizations: Novo Nordisk, CNBC, Nordisk's, University of Florida, Pfizer, AstraZeneca, Roche, Food, Nordisk, Company, FDA, Novo Holdings, Wegovy, REUTERS, Reuters, U.S Locations: Oslo, Norway, Novo, U.S, Branchburg , New Jersey, Brussels, Belgium, Catalent, Concord , North Carolina, North, Germany, Indiana, Denmark, France
Still, Eli Lilly and Novo Nordisk appear to be making some encouraging progress. Eli Lilly wasn't the only weight loss drug producer to see positive supply developments in the last week. Novo Holdings, which owns almost 77% of the voting shares in Novo Nordisk, said Monday it will acquire drug manufacturer Catalent in a $16.5 billion deal. Novo Nordisk will then buy three of Catalent's manufacturing plants from Novo Holdings for $11 billion. Tema in November launched an ETF whose key holdings include companies benefiting from the hype around weight loss drugs.
Persons: Eli Lilly, Anat Ashkenazi, Incretin, Eli Lilly's, Ashkenazi, Eli Lilly wasn't, Yuri Khodjamirian, Danish drugmaker Organizations: Novo Nordisk, Holdings, Wegovy, Novo Holdings, CNBC, Tema, Nordisk, Reuters Locations: North Carolina, Novo, Tema, Brussels, Danish, U.S
Bottom line Eli Lilly delivered a strong report Tuesday. Still, it's not a surprise to see shares of Eli Lilly fall nearly 2% Tuesday, to around $694 each. Despite doubling manufacturing capacity year over year in 2023, Eli Lilly said demand for its GLP-1s is "likely to outpace supply" this year. We're raising our Eli Lilly price target to $750 a share from $630, while reiterating our 2 rating on the stock, meaning we'd wait for a pullback before adding to our position. Eli Lilly & Co. Mounjaro brand tirzepatide medication arranged at a pharmacy in Provo, Utah, US, on Monday, Nov. 27, 2023.
Persons: Eli Lilly's, Lilly's, Eli Lilly, Mounjaro, Zepbound, it's, , Jim Cramer, Anat Ashkenazi, NASH, Lilly, Jim, Jardiance, Verzenio, Trulicity, donanemab, Ashkenazi, Jim Cramer's, George Frey Organizations: Revenue, LSEG, U.S, Novo Nordisk, Food and Drug Administration, Analysts, Investors, FDA, CNBC, Bloomberg, Getty Locations: Mounjaro's, U.S, Mounjaro, Trulicity, Provo , Utah
A United Nations team has arrived in Israel to examine reports of sexual violence during the Hamas-led attack on Oct. 7 even as Hamas and some critics of Israel continue to reject evidence that such assaults occurred. Israeli officials have said that Hamas terrorists brutalized women throughout their incursion into southern Israel and have complained that U.N. leaders and others have been slow to condemn sexual assaults. The U.N. visit comes after multiple news organizations reported allegations of sexual violence during the Oct. 7 attack. In a Dec. 28 article, The New York Times documented a pattern of gender-based violence in the attack and identified at least seven locations where Israeli women and girls appeared to have been sexually assaulted or mutilated. The U.N. team “aims to give voice to survivors, witnesses, recently released hostages and those affected; to identify avenues for support, including justice and accountability; and to gather, analyze and verify information,” said a statement issued Wednesday by the office of Pramila Patten, the U.N. secretary-general’s special representative on sexual violence in conflict, who is leading the visit.
Persons: Israel, U.N, , Pramila Patten Organizations: United Nations, New York Times Locations: Israel
Making banks safer would seem like an easy thing for Americans to agree on, especially after the wipeouts of the global financial crisis in 2007-09, followed by the failure last year of three big ones: Silicon Valley Bank, Signature Bank and First Republic Bank. A wide-ranging lobbying campaign by the nation’s biggest banks and their allies seems to be succeeding in beating back a proposal put forward last year by three federal agencies (the Federal Reserve, the Comptroller of the Currency and the Federal Deposit Insurance Corp.) to require shareholders of big banks to put more of their own skin in the game — so that if things go bad the banks won’t have to drastically cut lending or turn to taxpayers for a bailout. “Candidly, my expectation is that there’s going to be a fairly significant softening of the capital proposal,” Keegan Ferguson, a director on the financial services team of Capstone, an advisory firm, told me. The backsliding appalls a lot of economists, among them Anat Admati, a professor of finance and economics at Stanford’s Graduate School of Business. Admati is a co-author with Martin Hellwig, a German economist, of a 2013 book on pretty much exactly this topic, “The Bankers’ New Clothes: What’s Wrong With Banking and What to Do About It.” (An updated edition of the book just came out.)
Persons: , ” Keegan Ferguson, Anat Admati, Martin Hellwig Organizations: Valley Bank, Signature Bank, First Republic Bank, Federal Reserve, Federal Deposit Insurance Corp, Capstone, Stanford’s Graduate School of Business Locations: German
Musk appeared to give Tesla's board an ultimatum on Monday, saying he wants 25% voting control at Tesla or he'll stop growing AI development at the electric-car maker. One way of getting that would be via a dual-class stock structure. This isn't uncommon and could mean Musk wouldn't necessarily get more shares but that the ones he held would deliver more voting power. The company's dual-class stock structure provides Zuckerberg and select executive managers and directors with them. "Zuckerberg probably wouldn't have gone public without a dual-class structure," White said.
Persons: , Elon Musk, Mark Zuckerberg, Musk, he's, Tesla, Zuckerberg, It's, Chester Spatt, Joshua Tyler White, doesn't, White, Ofer Eldar, Michael Dell, Anat Alon, Beck, Erik Gordon, Sam Altman's, Gordon Organizations: Service, Meta, Tesla, Business, Carnegie Mellon University, SEC, Vanderbilt, SpaceX, The Boring Company, UC Berkeley, Western Reserve University, University of Michigan's Ross School of Business Locations: Delaware, OpenAI
One woman was killed and at least 18 people were injured after two Palestinians rammed cars into crowds and stabbed at least one person in the city of Ra’anana on Monday, according to Israeli police. Photo: Jack Guez/AFP/Getty ImagesThe Israeli military is close to completing its most intensive phase of fighting against Hamas in the Gaza Strip, Israel’s defense minister said Monday, warning that the lack of a plan for postwar Gaza could hurt the military campaign. In northern Gaza, the most intensive phase of fighting is complete, while the military is close to completing intense fighting in the south, around the city of Khan Younis, Defense Minister Yoav Gallant said Monday.
Persons: Jack Guez, Khan Younis, Yoav Gallant Organizations: Getty, Hamas Locations: Ra’anana, AFP, Gaza, Khan
As my living expenses have increased after moving from a condo to a townhouse , I've been assessing how I can spend with more intentionality. I've always prided myself in being somebody who frequently declutters my physical belongings, but four boxes of beauty and wellness products begged to differ. Going into 2024, here are four ways I'm making an effort to spend and save with more intentionality. In that time, I usually find that my desire to buy those items goes down significantly. Build a Budget The best budgeting apps can help you get your finances in order and track your monthly spending.
Persons: I've, Berna Anat, Anat, haven't Organizations: Service, Business, Facebook, Quicken Locations: Berna, O'ahu, Pakistani, Patagonia
The Discord app is seen on an iPhone in this photo illustration in Warsaw, Poland, on April 3, 2021. Discord will lay off 17% of the company's workforce, which equates to 170 employees, a spokesperson confirmed Thursday. Discord, which ranked 18th on CNBC's Disruptor 50 list for 2023, was valued at about $15 billion in 2021 at the height of the tech boom. Layoffs have been a big story across the tech landscape since the calendar turned to 2024. WATCH: Google to lay off hundreds as big tech layoffs continue
Persons: Jason Citron, Bob Carrigan Organizations: Google, Unity Software Locations: Warsaw, Poland
In just a few hours, the nation of Israel went from business as usual to national emergency and national mourning. Throughout this ongoing crisis, the resilience of Israel's economy has once again taken center stage. This should be no surprise, as resilience has always been a key tenet of Israel's long-term success, military or otherwise. Most recently, the Covid-19 pandemic struck a terrible blow to Israel's economy in the second quarter of 2020, reducing GDP by roughly 30% annualized. The Tel Aviv Stock Exchange's flagship TA-125 Index dropped over 8% in that war's opening days, but took only 40 days to recover to pre-war levels.
Persons: Warren Buffett, Israel, Berkshire Hathaway, Buffett Organizations: Tel, Tel Aviv Stock Exchange's, TA Locations: Israel, Lebanon, Berkshire, Lebanese, Iscar, Tel Aviv
CNBC is now accepting nominations for the 2024 Disruptor 50 list — our annual look at the most innovative venture-backed companies using breakthrough technology to meet increasing economic and consumer challenges. A notable past Disruptor 50 company that made it to the public market this year, Instacart , has failed to maintain its IPO pricing. Business failures, too, have occurred for formerly high-flying, high-profile backed Disruptor 50 companies, including Convoy and WeWork. This is especially true of companies involved in the booming AI hype cycle sparked by 2023's top Disruptor 50 company, OpenAI, just over a year ago. 2024 honorees will be notified in April, and the list will be released in May across CNBC's TV and digital platforms.
Persons: Jan Organizations: CNBC, U.S, Convoy, CNBC's
From the first days after the Oct. 7 attacks on Israel, Israel has accused Hamas terrorists of committing widespread sexual violence. The Israeli authorities say they are investigating reports of sexual assault and have compiled considerable evidence — from witnesses, emergency medical workers and crime scene photographs — that they took place. But they say it has been extremely difficult to collect the evidence because most of the victims are dead. Many activists say that too little credence has been given to what they believe was a pattern of widespread rape during the attacks by Hamas.
Locations: Israel
Israeli officials say they believe several women and children still held hostage in Gaza aren’t held by Hamas, potentially complicating efforts to revive a truce in the Palestinian enclave where the Israeli military is expanding its attacks. Israeli bombardment of the southern Gaza Strip ramped up over the weekend after a seven-day pause in fighting collapsed, with strikes on a packed residential district in the north on Saturday killing a large number of people, according to health authorities in the Hamas-controlled territory. Residents in the south said Israeli tanks there advanced westward.
Organizations: Residents Locations: Gaza
Talks between Israel and Hamas to hand over hostages held in Gaza in return for a pause in fighting there have stalled, a senior U.S. official said Sunday, while Israeli forces step up attacks and direct Palestinians in the enclave to move into a narrower strip of land. “The negotiations have stopped. That said, what hasn’t stopped is our own involvement, trying to get those back on track. …We would like that to happen today,” National Security Council spokesman John Kirby told NBC. He blamed Hamas for failing to provide a fresh list of civilian women and children to be released.
Persons: hasn’t, John Kirby Organizations: National Security, NBC Locations: Israel, Gaza, U.S
Protester self-immolates outside Israeli consulate in Atlanta
  + stars: | 2023-12-01 | by ( ) www.reuters.com   time to read: +2 min
Smoke rises after an Israeli airstrike in Gaza, after a temporary truce between Israel and the Palestinian Islamist group Hamas expired, as seen from southern Israel, December 2, 2023. REUTERS/Alexander Ermochenko Acquire Licensing RightsDec 1 (Reuters) - A protester with a Palestinian flag self-immolated on Friday outside the Israeli consulate in Atlanta, authorities said. The protester arrived around 12:17 p.m. at the office building, which houses the consulate as well as several businesses, and used gasoline, police said. Israel has vowed to annihilate Hamas after the militant group attacked southern Israel on Oct. 7, killing 1,200 people and taking 240 hostages, according to Israeli tallies. More than 15,000 Gazans have been killed during Israel's assault, Palestinian officials say, which has destroyed much of the enclave.
Persons: Alexander Ermochenko, Darin Schierbaum, Anat Sultan, Israel, Joseph Ax, Kanishka Singh, Jonathan Allen, Matt Spetalnick, Daniel Wallis, Bill Berkrot Organizations: REUTERS, Palestinian, Police, ABC News, Thomson Locations: Gaza, Israel, Palestinian, Atlanta, U.S
A protester self-immolated on Friday afternoon outside of the Israeli Consulate building in Atlanta, in what the police described as “likely an extreme act of political protest.”A security guard tried to intervene but was unsuccessful, officials said. “Our prayers are with the security officer who was injured while trying to prevent this tragic act.”The self-immolation occurred outside a building in the Midtown area of Atlanta that houses the consulate and several other offices. “It appears to have been focused outside the building. I’m not aware of an attempt to enter the building,” Chief Schierbaum said, adding: “I have met with the consul general. All the residents of this building are safe.”The Atlanta F.B.I.
Persons: Roderick M, Smith, Darin Schierbaum, ” Anat Sultan, Dadon, , , I’m, Schierbaum Organizations: Consulate, Grady Memorial Hospital, Palestinian, Southeastern Locations: Atlanta, Grady, Israel, Southeastern United States, Midtown
Total: 25