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☆ U.S. FDA to reconsider decision barring compounded versions of Lilly weight loss drug
▼ + stars: | 2024-10-12 | by ( ) www.cnbc.com time to read: +1 min

The U.S. Food and Drug Administration on Friday agreed to reconsider a decision it made last month to bar drug compounders from selling their own versions of Eli Lilly's blockbuster weight loss and diabetes drugs. The compounding versions of the drugs are cheaper for patients than the brand-name versions. The Sept. 30 decision by the FDA endangered the ability of compounders to sell versions of Lilly's weight loss drug Zepbound and diabetes drug Mounjaro. The FDA decision removed their active ingredient, tirzepatide, from its list of drugs experiencing shortages. Insurers generally cover drugs like tirzepatide for diabetes, but many do not cover them for weight loss.

Persons: Eli Lilly's, Mark Pittman Organizations: . Food, Drug Administration, Outsourcing, Association, District, FDA Locations: U.S, Fort Worth , Texas

☆ Ozempic-fueled slimming is blowing up the wedding dress industry
▼ + stars: | 2024-10-11 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

New York CNN —Price distortions and dysfunction are nothing new in the $73 billion wedding industry. For better or worse, many brides are using the drugs ahead of their big day, lured in by the promise of rapid weight loss. The right fitThe ideal time to buy a wedding dress is eight to 10 months before the event, according to wedding planning site the Knot, and some planners recommend buying a full year in advance in case of shipping delays. “Usually, the dress was ordered somewhere in the middle of those 50 pounds.”It’s hard to overstate how such drastic weight loss can complicate a wedding dress’ fit. “Weight loss has always been a top of priority.

Persons: CNN Business ’, Tami Luhby, Susan Ruddie, Dresser, Spring, That’s, they’re, ”, Myrna Lundberg, “, Lundberg, ” Lundberg, “ It’s, — it’s, you’re Organizations: CNN Business, New York CNN, FDA, Drug Administration, Bureau of Labor Statistics, CNN Locations: New York, China, Suez, United States

☆ Ozempic is driving up the cost of your health care, whether you can get your hands on it or not
▼ + stars: | 2024-10-11 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

About 165 million Americans rely on employer-sponsored health insurance and yet, workers may still not get the coverage they want — particularly when it comes to drugs like Wegovy and Novo Nordisk's diabetes drug Ozempic. One in three employees are looking for more resources to combat obesity, according to a recent report by consulting firm Gallagher. Glucagon-like peptide-1 treatments such as Wegovy and Ozempic, which mimic hormones produced in the gut to suppress a person's appetite, are considered game changers on this front. Already, prescription drug costs jumped 8.6% last year, due in part to a surge in the use of GLP-1 drugs, according to a recent report by Mercer. "It becomes a lifelong drug," said Gary Kushner, chair and president of Kushner & Company, a benefits design and management company.

Persons: Gallagher, Trilliant, Mercer, Sunit Patel, actuary, Gary Kushner Organizations: Finance, Security, Kushner & Company Locations: U.S, Mercer's

☆ Microsoft announces new AI tools to help ease workload for doctors and nurses
▼ + stars: | 2024-10-10 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +4 min

The tools aim to help health-care organizations build AI applications quicker and save clinicians time on administrative tasks, a major cause of industry burnout. The new tools are the latest example of Microsoft's efforts to establish itself as a leader in health-care AI. Courtesy of MicrosoftMicrosoft also announced a new way for health systems to build AI agents. AI agents vary in complexity, but they can help users answer questions, automate processes and perform specific tasks. For example, a health-care organization could build an AI agent to help doctors identify relevant clinical trials for a patient.

Persons: Mary Varghese Presti, we're, Sara Vaezy, Hadas Bitran Organizations: Microsoft, Microsoft Health, Life Sciences, Health, Providence Health & Services, CNBC, AI, Microsoft Microsoft, Microsoft Copilot Locations: Providence

☆ Common heart conditions raise the risk of dementia, experts say
▼ + stars: | 2024-10-10 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

Nearly 130 million adults in the United States have some form of heart disease, according to the AHA. Having coronary heart disease raises the risk of future dementia by 27% compared with people without heart disease, the AHA statement said. Heart attacks and heart failureAbout every 40 seconds, someone in the United States will have a heart attack, the AHA estimates. Heart failure is a more severe form of heart disease, in which the heart is too weak to pump enough blood and oxygen to the body’s organs. That benefit held true even for people with existing diagnoses of cardiometabolic conditions such as type 2 diabetes, heart disease and stroke.

Persons: ”, Fernando Testai, Testai, Andrew Freeman, Freeman, ” Freeman, ” Testai Organizations: CNN’s, CNN, American Heart Association, University of Illinois College of Medicine, AHA, Jewish Health, World Health Organization, WHO, US Centers for Disease Control Locations: Chicago, United States, Denver

☆ Subsidies help a 55-year-old pay $96 a month for health insurance. Her costs could increase 186% if they expire next year.
▼ + stars: | 2024-10-09 | by ( John Towfighi | ) www.businessinsider.com time to read: +6 min

Lisa Jolly pays less for her health insurance thanks to enhanced premium tax credits. The subsidies could expire next year, increasing the costs of health insurance for millions. "When I combine rising grocery costs with rising insurance costs, it just becomes almost unbearable." The subsidies expiration could pose difficulties for millions of AmericansThe results of the November election could determine the fate of the enhanced subsidies. The Congressional Budget Office estimates that 3.8 million people could become uninsured if the enhanced subsidies expire, according to Reuters.

Persons: Lisa Jolly, —, Jolly, she's, Jessica, I'm, Jeanne Shaheen, Tammy Baldwin, Lauren Underwood, Cynthia Cox, Cox Organizations: Service, Business, Center, Budget, Jolly, Democratic, Senate, Republican, Congressional Budget Office, KFF, Congressional, Reuters Locations: Steubenville , Ohio, Pittsburgh, Washington

☆ Your employer may start covering weight-loss drugs soon
▼ + stars: | 2024-10-09 | by ( Tami Luhby | ) edition.cnn.com time to read: +7 min

A growing number of employers are considering covering the blockbuster weight-loss drugs, several surveys show. Roughly the same share say they are somewhat or very likely to begin covering these medications for weight loss within the next 12 months, according to KFF’s annual Employer Health Benefits Survey. But only 18% of firms in KFF’s survey, which includes those with 200 or more employees, cover GLP-1 drugs primarily for weight loss. Even employers that provide coverage for anti-obesity drugs often put up guardrails, such as requiring employees to receive prior authorization or to try other weight-loss methods first. Outpatient drug costs are expected to climb 11.4% next year, surpassing the 8% increase projected for medical plan costs, according to Segal’s most recent survey.

Persons: ”, Matthew Rae, Mercer, Beth Umland, Eileen Pabon, KFF, It’s, Eric Miller, Segal, Vicky Cathcart, ” Cathcart Organizations: CNN, Workers, Health, Survey, Business, DSV Air & Sea, Employees, Employers, Outpatient, Marroquin Industries Corp Locations: Mercer, New Jersey, Hawthorne , California

☆ Covid may increase the risk of heart attacks, strokes, and deaths for three years after an infection, a new study suggests
▼ + stars: | 2024-10-09 | by ( Brenda Goodman | ) edition.cnn.com time to read: +6 min

CNN —Covid-19 could be a powerful risk factor for heart attacks and strokes for as long as three years after an infection, a large new study suggests. What’s more, for people who needed to be hospitalized, Covid appeared to be as potent a risk factor for future heart attacks and strokes as diabetes or peripheral artery disease, or PAD. A finding unique to Covid-19The elevated heart risks from infection did not appear to diminish over time, the study found. People who were hospitalized for Covid but who were also taking low-dose aspirin had no increase in the likelihood of a subsequent heart attack or stroke. “If you’ve had Covid, we have to be especially attentive to making sure that we’re doing everything possible to lower your cardiovascular risk,” Hazen said.

Persons: CNN —, Covid, “, ”, Stanley Hazen, “ That’s, Patricia Best, ” Best, Hooman, Allayee, James Hilser, Hazen, Dr, Sanjay Gupta, you’ve, ” Hazen Organizations: CNN, Covid, Cardiovascular, Metabolic Sciences, Cleveland Clinic, Mayo Clinic, Keck School of Medicine, University of Southern, CNN Health Locations: Rochester , Minnesota, University of Southern California

All four drugs are in a class of wildly popular weight loss drugs known as GLP-1s. In the United Kingdom, authorities last year seized hundreds of counterfeit Ozempic pens — insulin pens that had been relabeled as Ozempic. Counterfeit weight loss drugs have serious health risks, according to the pharmaceutical companies and federal officials. Counterfeiters are already trying to cash in on a weight loss drug that the company hasn't even put on the market yet: retatrutide. But it's also one of the epicenters of the lucrative counterfeit drug trade, according to U.S. authorities who track counterfeit drugs.

Persons: It's, —, Eli Lilly's Mounjaro, they've, Laver, Andy Morling, CNBC Morling, Eli Lilly, Daniel Skovronsky, Eli Lilly's, we'll, Skovronksy, John F, Sal Ingrassia, Ingrassia, Customs isn't, we've, Yoav Keren, GLP, TikTok, Keren, BrandShield, it's, Nicole Johnson, CNBC Johnson, Johnson, Mike Doustdar, Doustdar, Direnc Bada Organizations: CNBC, U.S, Laver Beauty, DHL, Novo Nordisk, Laver, Medicines, Healthcare Products Regulatory Agency, Lilly Research Labs, Kennedy International, JFK International Mail Facility, U.S . Customs, Border Protection, JFK, CBP, Protection, CNBC CNBC, FDA, Customs, Meta, Facebook, World Health Organization, U.S ., Intellectual, Coordination Center, National, Turkish National Police, Novo Nordisk's, CNBC Counterfeiters, CNBC FDA Locations: BOULDER, COLO, Boulder, Ozempic, Shijiazhuang, China, Beijing, Englewood Cliffs , New Jersey, United Kingdom, London, New York City, U.S, Turkey, Europe, South America, United States, India, Mexico, Istanbul, Zurich

☆ Life spans are growing but 'health spans' are shrinking. What that means for your money
▼ + stars: | 2024-10-09 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

Since 1960, the average U.S. life span has increased to 77.5 from roughly 70 years old, according to the Centers for Disease Control and Prevention. But "health spans" are simultaneously shrinking. As a result, there's a "widening gap" between one's life and health spans, she said. How health impacts wealthFatcamera | E+ | Getty ImagesOf course, this isn't to say healthy people avoid significant medical expenses. Prioritize the spending on your health and, if it feels like too much money, try to cut back on spending that "doesn't increase your health span," she said.

Persons: Momo, Susan Roberts, Roberts, McClanahan, Francis Organizations: Getty, Centers for Disease Control, Dartmouth College, Planning Partners, Invest Locations: U.S

☆ Baby Boomers are living longer than previous generations but have worse health, study finds
▼ + stars: | 2024-10-08 | by ( Rosa Rahimi | ) edition.cnn.com time to read: +3 min

London CNN —Baby Boomers may be expected to live longer than their predecessors, but a recent study has found that they are more likely to suffer from worse health than previous generations. It covered several generations, including the Greatest Generation (born before 1925) and Baby Boomers (born between 1946 and 1959), according to the study. Younger post-war cohorts, like Generation X, are also at risk of worse health than the generation preceding them, Gimeno said. “Generation X were more likely to be obese, have diabetes, and be in poor mental health than Baby Boomers in their 40s,” said Gimeno. The analysis of 135,000 people living in England suggested that although they’re living longer, their lives weren’t necessarily healthier.

Persons: ”, Laura Gimeno, Boomers, Gimeno, X Organizations: London CNN, University of Oxford and University College London, UCL, Boomers, CNN, Gerontology, Baby Boomers Locations: United States, England, Europe

☆ Meet the Medical Tourists Getting Health Screenings on Vacation
▼ + stars: | 2024-10-08 | by ( Manisha Krishnan | ) www.businessinsider.com time to read: +15 min

AdvertisementLike Woodman, millions of Americans travel abroad for medical procedures each year, saving anywhere from 40% to 90% on the services they receive. Medical tourism comes with risks; the American Medical Association recommends going only to medical facilities recognized by international accrediting bodies and following up testing with care at home. It's unclear, though, how many medical tourists visit accredited facilities, and there's still the question of whether all these tests are useful for someone who is seemingly in good health. Related storiesSince COVID-19 came into the picture, health screenings and extensive physicals have received some buzz. As more people spend time abroad, it becomes easier to tack a few small medical tests onto your trip.

Persons: Josef Woodman's, —, Chapel Hill , North Carolina —, You've, Woodman, There's, Kim Kardashian, you've, you'd, that's, Bryn Elise, I'd, Elise, influencer, I've, it's, Paulo Neno, Neno, there's, Elise's, Kardashian, Prenuvo, Arturo Vargas Bustamante, Vargas Bustamante, Misael Uribe Ramos, Uribe Ramos, Imani Bashir, Bashir, Krishnan Organizations: Duke University Hospital, cabanas, CAT, American Medical Association, Joint Commission International, University of California, Commission, Centers for Disease Control, CDC, of Disease Prevention, Health, Disease Prevention, National Academy of Medicine, country's Ministry of Health, Labour, Welfare, United Arab Locations: Chapel Hill , North Carolina, Bangkok, Mexico, United States, Turkey, Illinois, Los Angeles, Médica, Mexico City, Japan, South Korea, Thailand, United Arab Emirates, Barbados, Cancún, Washington , DC, Brooklyn

☆ Bernstein upgrades Campbell as people taking GLP-1 drugs eating more soup
▼ + stars: | 2024-10-07 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Campbell Soup could be poised to benefit from an uptick in GLP-1 drug usage, according to Bernstein. Among the 20 analysts covering Campbell, only five have a strong buy or buy rating, while 12 have a hold rating. In addition, the analyst anticipates that reduced chocolate consumption from GLP-1 intake may hinder U.S. chocolate volumes by 2% to 3%. "Unfortunately, chocolate category volumes remain stubbornly negative and Hershey's chocolate volumes also remain weak despite lapping easier and easier comparables in recent months," Howard continued. Meanwhile, only four have a strong buy or buy rating, and its average target of $202.14 implies a gain of about 5% ahead.

Persons: Campbell, Bernstein, Eli Lilly's Mounjaro, Alexia Howard, Milano, Howard, they've Organizations: Nordisk's Ozempic, Hershey Locations: GLP

☆ A busy dad who got fit at 75 is now 96 and cycles daily. He shared 3 tips for getting into exercise at any age.
▼ + stars: | 2024-10-07 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

He shared his tips for getting fit at any age with Business Insider. Now that he's retired, he has time to exercise for an hour a day, he told Business Insider. Eckenrode does 30 minutes on a stationary bike, as well as 30 minutes of calisthenic exercises that work his whole body, from his head to his toes. National Senior Games Association"I go out of my way to get on that stationary bike for sure. Multitask while exercising"I try to meditate on the stationary bike to start things off, and then try to plan my day when I'm biking.

Persons: Jack Eckenrode, didn't, —, he's, it's, Eckenrode, Harvard paleoanthropologist, Multitask Organizations: Business, Service, Research, Preventive Medicine, US Air Force, National Senior Games, Harvard, Mental Health Locations: Pittsburgh

☆ Most of today’s children are unlikely to live to 100, analysis says
▼ + stars: | 2024-10-07 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +8 min

They said, ‘No, no, NO!’ Advances in medical and life-extending technologies will accelerate and will drag life expectancy along with it,” he said. We have shown the era of rapid increases in human life expectancy has ended, just as we predicted,” Olshansky said. “We’re still gaining life expectancy, but it’s at an increasingly slower pace than in previous decades.”Olshansky spoke to CNN about his analysis of longevity data. Just 5% of baby girls and about 2% of baby boys born today will live to 100, according to a new analysis. (That woman, Jeanne Calment, was born in 1875 in Arles, France, at a time when life expectancy was nearly 45 years.

Persons: CNN — Gerontologist Jay Olshansky, Olshansky, ”, ‘, ” Olshansky, “, “ We’re, Jeanne Calment, it’s, that’s Organizations: CNN, “, School of Public Health, University of Illinois, ER Productions, Getty Locations: Chicago, Australia, France, Hong Kong, Italy, Japan, South Korea, Spain, Sweden, Switzerland, United States, Arles

☆ 5 Nobel-worthy discoveries that haven’t won the prize
▼ + stars: | 2024-10-05 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

The first human genomeThe mapping of the human genome has had a huge impact on biology and other fields. The output from a DNA sequencer is shown in this undated image from the National Human Genome Research Institute. But one reason the project may not have earned a Nobel Prize is the sheer number of people involved in the feat. The Nobel Prize in physiology or medicine will be announced on Monday, followed by the physics prize on Tuesday and the Nobel Prize in chemistry on Wednesday. The Nobel Prize for literature will be announced on Thursday and the Nobel Peace Prize on Friday.

Persons: Alfred Nobel, Nobel, Carsten Snejbjerg, Svetlana Mojsov, Joel Habener, Lotte Bjerre Knudsen —, Lasker, Knudsen, Hassabis, John Jumper, Lester Cohen, David Pendlebury, Pendlebury, “ Nobel, David Baker, ”, Boris Roessler, We’re, Jeffrey Gordon, Robert J, Glaser, Louis, Gordon, Claire King, Barack Obama, Drew Angerer, Mary, King Organizations: CNN, Stockholm —, Human Genome Research, Nordisk, Bloomberg, Getty, Rockefeller University, Harvard Medical School, Novo Nordisk, Clarivate’s Institute for Scientific Information, Google, Institute for Protein, University of Washington School of Medicine, Washington University, of Locations: Swedish, United States, United Kingdom, France, Germany, Japan, China, Hillerød, Denmark, Los Angeles, St

☆ Beyond Novo: Fund manager likes this under-the-radar pharma stock with a weight loss drug in the works
▼ + stars: | 2024-10-04 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

"Maybe that weight loss product (by United Laboratories) works, maybe it doesn't. United Laboratories' price-to-earnings of 5.8 times is a fraction of the 34.3 times that Novo Nordisk is trading at, Peche added. [United Laboratories] is making smooth progress in R & D and targets to launch Liraglutide in 2024. Their comments follow United Laboratories' "faster than expected earnings" growth in the first half of the year. Analysts' average price target on United Laboratories is 12.95 Hong Kong dollars, giving it 28.2% potential upside.

Persons: Sean Peche, it's, Peche, there's, that's, Eli Lilly, Amgen, Carol Dou, Sunny Chen, UOB Kay Hian, bode Organizations: Novo Nordisk, Ranmore Fund Management, United Laboratories, Pfizer, AstraZeneca, Global Equity Fund, Hong, Hong Kong bourse, HK Locations: Hong Kong, Novo, Europe, U.S

☆ I shop at Aldi every 2 weeks and avoid ultra-processed foods. Here are my favorite items to get for lighter, nutritious meals.
▼ + stars: | 2024-10-04 | by ( Nina Mccollum | ) www.businessinsider.com time to read: +1 min

I shop at Aldi every other week and avoid ultra-processed foods. Go to newsletter preferences Thanks for signing up! I'm in my 50s and try to avoid foods with long ingredient lists and additives I can't identify, so I don't buy ultra-processed foods like candy bars and soda. Some research even suggests that consuming ultra-processed foods can increase the risk of heart disease, obesity, and type 2 diabetes. Though it's hard to avoid ultra-processed foods completely, I do my best to buy minimally processed items.

Persons: — Organizations: Aldi, Service

☆ How the port strike could actually boost Costco sales
▼ + stars: | 2024-10-03 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Club stock Nvidia jumped more than 3% — bucking the pressure on Big Tech. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jensen Huang, Eli Lilly, Lilly, Oppenheimer, Jim Cramer's, Jim Organizations: CNBC, Wall, Nvidia, Big Tech, Blackwell, Broadcom, Devices, Food and Drug Administration, Costco, AMD Locations: New Jersey

☆ 10 things to watch in the market Thursday, including great news from Nvidia's CEO
▼ + stars: | 2024-10-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

My top 10 things to watch Thursday, Oct. 3 Today's newsletter was written by the Investing Club's director of portfolio analysis, Jeff Marks. But the analysts said they would be buyers of the Club stock on weakness in 2025. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. My top 10 things to watch Thursday, Oct. 3Today's newsletter was written by the Investing Club's director of portfolio analysis, Jeff Marks. But the analysts said they would be buyers of the Club stock on weakness in 2025.

Persons: Jeff Marks, Stocks, Dow, Beer, Jensen Huang, Blackwell, Eli Lilly, Morgan Stanley, Oppenheimer, Levi Strauss, Levi, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Constellation Brands, Modelo, Corona, Constellation, Nvidia, CNBC, Club, Bank of America, Devices, Amazon, Deutsche Bank, Costco, Dockers, Barclays, PepsiCo, Jim Cramer's Charitable Locations: Northern New Jersey, Europe, Americas

The idea behind a high-risk pool was to provide a safety net for people with pre-existing conditions struggling to find coverage. The high-risk pools, however, were critically underfunded, making monthly premiums for some patients double what they would be for a healthy individual, Cox said. “If you got into a high-risk pool, you might have had an exclusion on your coverage for six to 12 months,” Cox said. “When it doesn’t, it collapses.”Graves said that the U.S. could move back to a high-risk pool model but it would require “a massive amount of government subsidies to work.”“They would basically have to infuse the high-risk pool with enough subsidies to keep premiums affordable for people,” he said. “We had isolated pre-existing pools for the past 25 years, and they don’t work.”

Persons: Sen, JD Vance, Ohio, “, ”, Arthur Caplan, Cynthia Cox, ” Cox, Cox, John A . Graves, Tim Walz, ” Walz, ” Graves, Caplan, ” Caplan Organizations: Republican, NYU Langone Medical, Vanderbilt University School of Medicine, Democratic, Minnesota Gov Locations: New York City, Nashville , Tennessee, U.S

☆ Here are JPMorgan's top stock picks heading into October
▼ + stars: | 2024-10-02 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

For October, the additions include Best Buy and Carmax , while Wayfair , CarGurus and First Citizens BancShares are among those removed. The bank cited positive existing home sales, and an expansion in AI adoption, believing Best Buy will see continued growth in average selling prices . Analyst Christopher Horvers says Best Buy will increase its profitability over time, noting an uptick in operating margins to 5% from last year's 4.1%. He has an overweight rating on the stock, and his price target of $111 implies more than 9% upside from Tuesday's close. The bank's price target for Schwab implied about 22% upside and for Ulta Beauty about 18% potential appreciation, based on Tuesday's close.

Persons: JPMorgan's, Christopher Horvers, BBY, Eli Lilly, Lilly, Charles Schwab, Schwab Organizations: JPMorgan, Nasdaq, Dow Jones, Wall, AT, TPG Locations: Israel, Richland , Minnesota, Dallas, DirectTV, Lilly, Ireland

☆ Exclusive: Diabetes startup Omada Health has confidentially filed its S-1 to go public
▼ + stars: | 2024-10-02 | by ( Rebecca Torrence | Ben Bergman | ) www.businessinsider.com time to read: +4 min

Diabetes startup Omada Health has confidentially filed its S-1 for an IPO, BI has learned. Fellow healthcare startup Hinge Health has hired banks as it prepares to confidentially file its S-1. AdvertisementRumors about diabetes startup Omada Health's public market debut have been swirling for years. Omada Health confidentially filed its S-1 this summer to go public, according to one person with knowledge of the transaction. After 20 healthcare startups went public in 2021, only one healthcare company went public the following year — Akili Interactive, which sold for $34 million this July.

Persons: —, Health confidentially, It's, Sean Duffy, Morgan Stanley, Cameron Lester, Ben Narasin, Duffy, Omada Organizations: BI, Service, Health, Lyra, Tempus, Jefferies, Venture, Amazon

☆ Port strike fallout: Blockbuster weight-loss drug supply from Wegovy to Ozempic, Mounjaro, Zepbound caught up in East Coast trade shutdown
▼ + stars: | 2024-10-01 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

In this article LLYNOVO.B-DK Follow your favorite stocks CREATE FREE ACCOUNTAn Eli Lilly & Co. Zepbound injection pen, March 28, 2024. Bills of lading, the digital receipts of freight containers, show that the delivery mechanisms for insulin and weight-loss drugs rely on East Coast ports for incoming trade. "Novo Nordisk and Eli Lilly are both heavily reliant on the Port of Norfolk," said William George, director of Research at ImportGenius, which tracks the customs data. Vials on the Wegovy line at the Novo Nordisk A/S production facilities in Hillerod, Denmark, on Friday, March 8, 2024. Bloomberg | Bloomberg | Getty ImagesAn Eli Lilly spokesperson said it does not discuss the details of its external supplier relationships.

Persons: Eli Lilly, Eli Lilly — Ozempic, William George, George, Dennis Monts Organizations: Bloomberg, Getty, Novo Nordisk, ILA, Nordisk, Research, U.S . Senate, CNBC, Nuco Logistics Locations: New England, Texas, U.S, lading, East Coast, Port of Norfolk, ImportGenius, Norfolk, airfreight, Hillerod, Denmark, Monts

☆ To burn fat and improve blood sugar, try intermittent fasting, a new study says
▼ + stars: | 2024-09-30 | by ( ) www.businessinsider.com time to read: +4 min

Fasting may lead to better blood sugar control and more fat loss, suggests a study on metabolic syndrome. AdvertisementEating all your meals and snacks in an eight- to 10-hour window each day may help you to lose weight and improve your blood sugar control, new research suggests. The condition includes high blood sugar as well as high levels of body fat, and increases the odds that someone will develop heart disease and diabetes. However, participants who did intermittent fasting lost a bit more weight, and had a much bigger drop in their body fat percentage, since more of the weight they lost was fat instead of muscle. Related storiesThey also had significantly better blood sugar control and HbA1c, a measure of average blood sugar over time that's used to screen for diabetes and prediabetes.

Persons: —, Satchidananda Organizations: Service, Internal, University of California San Diego School of Medicine, Salk Institute

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