ResMed stock was the worst performer in the S&P 500 Monday as Eli Lilly’s weight-loss medicine showed signs of reducing sleep apnea. Lilly said its medication tirzepatide, sold under the brand names Mounjaro and Zepbound, reduced obstructive sleep apnea severity by up to 62.8%. ResMed sells CPAP machines that treat sleep apnea, so this news was not a good sign for investors.
The US House Ways and Means Committee has proposed a strategy for Medicare to cover GLP-1 weight-loss drugs like Novo Nordisk's (NVO) Wegovy and Eli Lily's (LLY) Zepbound. Yahoo Finance Health Reporter Anjalee Khemlani breaks down the details of the proposed bill ahead of Thursday's vote to amend part of the Treat and Reduce Obesity Act of 2023. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl 'Follow Yahoo Finance's latest coverage on Eli Lilly and Novo Nordisk, weight-loss drugs, and the pharmaceutical industry as a whole: How Lilly is joining Novo in the crusade to circumvent Medicare's block on weight loss drugs Eli Lilly seeks to expand Zepbound use to treat sleep apnea Novo Nordisk, Eli Lilly still top 2 pharma stocks: Analyst Eli Lilly and Novo Nordisk are a 'duopoly' in GLP-1 market Why the GLP-1 impact on other industries 'will take years' Eli Lilly unveils new manufacturing plant for GLP-1 pens Novo Nordisk to invest $4.1B in NC facility for GLP-1 drugs Eli Lilly's new Alzheimer's treatment could 'lift' drug market Novo Nordisk stock rises on Wegovy approval in China
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Dominique Antonio Richard Harris and Jarreth Plunkett, both 15, are accused of murdering 14-year-old Bobby Maher during fatal attack
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On Everest's sacred slopes, climate change is thinning snow and ice, increasingly exposing the bodies of hundreds of mountaineers who died chasing their dream to summit the world's highest mountain.Sherpa said that bringing one body down from close to Lhotse's 8,516 metre peak -- the world's fourth-highest mountain -- had been among the hardest challenges so far.
Three bodies were found at the summit of Mount Fuji, Japan’s most famous mountain. One of the bodies had been brought down from the slopes but efforts to bring back the two other bodies were set to continue Friday or later, according to officials after a search was called off for Thursday because of forecasts for heavy rainfall.
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Every spring, when warm rays of sunshine herald the start of South Korea’s baking summer, fountains across Seoul’s central Gwanghwamun plaza suddenly burst into life, sending cooling jets of water into the air.
China on Thursday expelled its former Defense Minister Li Shangfu from the ruling Communist Party over corruption allegations, state broadcaster CCTV reported, eight months after he was dramatically removed from the post.
A video shared by Chinese state media shows a US Navy plane dropping something into the sea. China called it a submarine detector.
The first debate began with Biden spluttering and tripping over his own words, while Trump rambled
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Japanese embassy in China lowers its flag to half mast to honour victim Hu Youping’s death
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