financetom
Business
financetom
/
Business
/
Roche to fast-track weight loss pill to compete with rivals, FT reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Roche to fast-track weight loss pill to compete with rivals, FT reports
Jul 28, 2024 9:25 PM

July 29 (Reuters) - Swiss pharmaceutical company Roche

plans to fast-track its anti-obesity drugs to challenge

Eli Lilly ( LLY ) and Novo Nordisk after unveiling

promising data for a weight-loss pill, the Financial Times

reported on Monday.

Thomas Schinecker, CEO of Roche told the newspaper that

their first obesity drugs would come to market "significantly

faster than people are expecting", potentially by 2028.

(Reporting by Mrinmay Dey in Bengaluru; Editing by Varun H K)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Teva Pharm tops quarterly estimates but 2025 earnings outlook falls short
Teva Pharm tops quarterly estimates but 2025 earnings outlook falls short
Jan 29, 2025
JERUSALEM, Jan 29 (Reuters) - Teva Pharmaceutical Industries reported a slightly larger than expected rise in fourth-quarter profit, helped by double-digit sales gains in a trio of its branded drugs to treat migraines, Huntington's disease and schizophrenia. The world's largest generic drugmaker said on Wednesday it earned 71 cents per diluted share excluding one-off items in the October-December quarter, down...
Troilus Gold Initiates ESIA Submission for Project in Quebec
Troilus Gold Initiates ESIA Submission for Project in Quebec
Jan 29, 2025
07:46 AM EST, 01/29/2025 (MT Newswires) -- Troilus Gold ( CHXMF ) on Wednesday said it has begun the submission process for its Environmental and Social Impact Assessment (ESIA) for the Troilus Project in north-central Quebec. In collaboration with the Impact Assessment Agency of Canada and the Cree Nation Government, Troilus has been able to submit sections of its ESIA...
M/I Homes Q4 Earnings, Revenue Rise
M/I Homes Q4 Earnings, Revenue Rise
Jan 29, 2025
07:46 AM EST, 01/29/2025 (MT Newswires) -- M/I Homes ( MHO ) reported Q4 earnings Wednesday of $4.71 per diluted share, up from $3.66 a year earlier. Two analysts polled by FactSet expected $4.88. Revenue for the quarter ended Dec. 31 was $1.21 billion, compared with $972.6 million a year earlier. Analysts polled by FactSet expected $1.17 billion. ...
Alamos Gold Wins Approval for Environmental Permit Amendment for Puerto Del Aire Project in Mexico
Alamos Gold Wins Approval for Environmental Permit Amendment for Puerto Del Aire Project in Mexico
Jan 29, 2025
07:48 AM EST, 01/29/2025 (MT Newswires) -- Alamos Gold ( AGI ) on Wednesday said it won approval for an amendment to its existing environmental impact assessment by Mexico's Secretariat of Environment and Natural Resources, allowing for the start of construction on the Puerto Del Aire (PDA) project located within the Mulatos District, Mexico. The U.S.-listed shares of the company...
Copyright 2023-2026 - www.financetom.com All Rights Reserved