When Novo Nordisk CEO Lars Fruergaard Jorgensen dialed into a Teams video call with Chairman Helge Lund, he was expecting an ordinary catchup. Instead, the guy at the helm of the company making Ozempic and Wegovy was blindsided. And now he's headed out ...
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Here's what's new in the weight-loss market:
Novo Nordisk Teams Up With Hims, Ro to Sell Cheaper Wegovy
Robert F. Kennedy Jr. warned FDA staff about the influence of the "deep state" on the agency and made off-color comments about children with developmental disabilities during an all-hands meeting that shocked many employees.
Gift link:
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Was pharma hit by Trump's newest tariffs? No. But the reprieve is temporary. Why? Read the Bloomberg story (gift link here):
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I know you're all deep into tariff news, but RFK. Jr. laid off the staffers who run the FDA's vaccine expert panel.
@rachelcohrs.bsky.social has the scoop >
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Robert F. Kennedy Jr. earned millions from his work as an attorney, including referral fees from cases filed against the agency he’s been chosen to lead, federal disclosures show.
Trump pulling out of the World Health Organization is bad for the agency. But it could also threaten Americans. Antonia Mufarech explains >
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The second Trump presidency, brought to you by YouTube. Masterclass in data journalism. Gift link here:
I did a polar plunge so you don't have to. Read all about it here, with this gift link!
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The most-read story on bloomberg.com is Daniela Sirtori's tale of how Chick-fil-A turned to robots to help make its lemonade www.bloomberg.com/features/202...
I didn't realize there were naming rights for bodies of water.
Sunscreen. Dry shampoo. Acne medicine: so many things to make us healthier, happier, smell better, live longer. But some contain compounds that are unequivocally harmful. This series can help you navigate the hidden minefield in American drugstores. Gift link:
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This is such an important story about fentanyl, kids, Snapchat and overdoses, and how the intersection of all four may change the internet as we know it. I'm reading it a bit at a time - such an emotional story. This gift link gives you seven days. Get cracking!
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The cosmetics industry is still minting (near) billionaires, this time in China:
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Police are questioning a man about the murder of a UnitedHealth exec, but a missed makeup session was the first worrying sign. The attack has spiraled beyond one executive and into a full-on crisis for the company with 440k employees and a half-trillion dollar market capitalization shorturl.at/YNhKe
Pharma dealmaking is a rare bright spot between the US and China, despite rising political tensions. This would not have been my expectation earlier this year. Let's see if it lasts
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For people who have lost weight with Ozempic, Mounjaro and Zepbound, there are 2 options: indefinite use (and cost) or a return to the hideous feeling of yo-yo dieting after a reprieve. It's dread of the latter that weighs on people. Hear from some of them here:
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To the surprise of no one, Novo is selling its blockbuster obesity drug Wegovy in China at a fraction of what it charges Americans. The expected knock-on impact could be so great that it's limiting the launch to try to curtail the disruption
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If you (or anyone you know) will be 25 in 2025, Bloomberg wants to hear from you! Pass it on ...
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Pharmaceutical stocks fall on reports that RFK Jr. to take the helm at HHS. Insurers? Not so much.