2025-05-07
Weight Watchers files for bankruptcy amid refocus on GLP-1 drugs
WeightWatchers (WW) announced Tuesday that it is filing for bankruptcy in an attempt to crawl out of more than $1 billion in debt. The news comes as the company is amid a refocus on prescribing weight-loss GLP-1 drugs like Ozempic.
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2025-01-10
Verdiva launches with $410M for weight loss drugs to challenge Ozempic, Wegovy
London-headquartered biotech startup Verdiva has emerged from stealth with a whopping $410mn for a new range of drugs aimed at tackling the obesity epidemic. It’s one of Europe’s largest-ever biot [...]
2025-01-18
EV startup Canoo has filed for bankruptcy and stopped all operations
Canoo said on Friday night that it has filed for Chapter 7 bankruptcy and “will cease operations effective immediately,” after failing to secure enough funding to keep it going. The writing was on [...]
2025-04-23
Eli Lilly is stepping up its fight against copycat weight-loss drugs
In its continuing war against copycat drugs, Eli Lilly (LLY) said on Wednesday that it filed suits against four telehealth companies that offer cheaper versions of its blockbuster GLP-1 weight loss dr [...]
2025-10-24
Mistral launches its own AI Studio for quick development with its European open source, proprietary models
The next big trend in AI providers appears to be "studio" environments on the web that allow users to spin up agents and AI applications within minutes. Case in point, today the well-funded [...]
2025-05-20
Noom is offering microdoses of compounded Wegovy for weight loss
Noom will start offering microdoses of compounded Wegovy (NVO), the blockbuster weight-loss drug, as the digital health company continues to adapt to the growing demand for affordable weight-loss solu [...]