Weight-Loss Drug Giant Eli Lilly Bets Big Again. Spending $7.8 Billion to Acquire Centessa, Is Now a Good Time to Buy Eli Lilly?
TradingKey – March 31, ET, Eli Lilly (LLY.US) officially announced that it will acquire the…
TradingKey – March 31, ET, Eli Lilly (LLY.US) officially announced that it will acquire the U.S.-listed company for a total consideration of $7.8 billion Centessa Pharmaceuticals (CNTA.US) , with the transaction expected to close in the third quarter of 2026. Following the news, Eli Lilly shares rose approximately 3% on Tuesday, while Centessa shares surged…
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March 30, 2026, 4:31 p.m. ET Drug maker Novo Nordisk is cutting 400 jobs in Bloomington, amid signs that competition in the weight loss drug market has intensified. A spokeswoman said in an email that the company would make the cuts in early May, after which about 1,400 local employees would remain. “Despite this difficult…
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"The Hunger Code" author discusses how hormones help determine whether the body stores energy, burns fuel or ramps up hunger. Source link
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