AstraZeneca and Viking Therapeutics both presented encouraging data on their obesity pills. Meanwhile, here’s how Americans voted on abortion access.
A version of this article first appeared in CNBC's Healthy Returns newsletter, which brings the latest health-care news straight to your inbox.Happy Friday! Buried in the election news this week was new data from drugmakers vying to enter the booming weight loss drug market.Wall Street is betting that the new wave of growth in the obesity space will be driven by pills that could offer more convenience and potentially fewer side effects, which could keep patients on the drugs for longer.
Still, some analysts questioned whether Viking could capture a large share of the competitive market for weight loss drugs, particularly raising concerns about its ability to manufacture enough of its drugs as a small company. AstraZeneca, after it announced last year it would license the once-daily pill from Chinese drugmaker Eccogene, said it believed the pill could cause fewer side effects than injectable treatments from Novo Nordisk and Eli Lilly.
Ballots are still being counted across the country, but here's how Americans have voted on abortion, according to NBC News projections:Arizona voters passed Proposition 139, which provides a right to abortion in the state before the point of fetal viability at around 24 weeks.
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