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Pfizer to end development of experimental obesity pill due to elevated liver enzymes - TL;DR CNBC

Pfizer to end development of experimental obesity pill due to elevated liver enzymes

Publishing timestamp: 2023-06-26 12:35:25


Summary

Pfizer is stopping development of its obesity and diabetes pill lotiglipron due to liver enzyme issues, focusing on danuglipron instead. The weight loss industry is seeing a gold rush with new drugs, but questions remain about accessibility and long-term effectiveness. Analysts believe Eli Lilly's pill may have an edge over Pfizer's danuglipron.


Sentiment: MIXED

Tickers: LLY,  PFE,  NOVO.B-DK, 

Keywords: size and weight discrimination,  breaking news,  business,  biotech and pharmaceuticals,  lilly drn,  health care industry,  biotechnology,  science,  pfizer inc,  business news,  weight management,  pharmaceuticals,  novo nordisk a/s, 

Source: https://www.cnbc.com/2023/06/26/pfizer-to-end-development-of-experimental-obesity-pill-lotiglipron.html


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