UK, Eli Lilly to trial use of weight loss drugs to combat unemployment

UK, Eli Lilly to trial use of weight loss drugs to combat unemployment

LONDON — U.S. pharmaceutical giant Eli Lilly is exploring whether obesity drugs could be used to curb joblessness after signing a major investment deal with the U.K. The weight-loss treatment firm and creator of Zepbound announced Monday that it would commit £279 million ($364 million) to help tackle Britain’s significant health challenges — including obesity. … Read more

UK Prime Minister Keir Starmer vows to slash regulatory red tape in bid to boost investment

UK Prime Minister Keir Starmer vows to slash regulatory red tape in bid to boost investment

Britain’s Prime Minister Keir Starmer delivers a speech on stage during the International Investment Summit, held at The Guildhall, in central London, on October 14, 2024. Jonathan Brady | Afp | Getty Images LONDON — The U.K.’s Labour government said Monday that it had secured £63 billion ($82 billion) in fresh investment at the close … Read more

Novo and Lilly contender Zealand Pharma targets ‘next generation’ of obesity drugs

Novo and Lilly contender Zealand Pharma targets ‘next generation’ of obesity drugs

Danish biotech Zealand Pharma is targeting the “next generation” of weight loss drugs as competitors pile into a market dominated by heavyweights Novo Nordisk and Eli Lilly. CEO Adam Steensberg told CNBC Thursday that early-stage trials of its experimental obesity injection point to higher-quality weight loss — with reduced muscle loss and fewer side effects — … Read more