Wegovy's price cut, Amgen's Ozempic competitor, and Big Pharma's tax cut: Pharma news roundup

Novo Nordisk just cut the price of its weight-loss drug, Wegovy, by more than half for patients who pay without insurance. Amgen (AMGN) announced this week that it has begun two late-stage clinical tr [...]

Corti's new Symphony for Speech-to-Text model beats OpenAI at medical terminology accuracy, highlighting the value of specialized AI

Today, Copenhagen-based healthcare AI Corti is launching Symphony for Speech-to-Text, a new generation of clinical-grade speech recognition models engineered specifically for real-time dictation, conv [...]

Amgen is pouring another $300 million into its Puerto Rico drug factory

The additional investment builds on $650 million Amgen committed to its Juncos facility last year, which supplies medicines to more than 60 countries [...]

Microsoft's Copilot Health can use AI to turn your fitness data and medical records 'into a coherent story'

Microsoft has unveiled Copilot Health, an AI-powered tool it claims can help make sense of your medical records, health history and fitness data from wearables, should you grant it access to that info [...]

Amazon is adding AI-powered assistant to One Medical

Amazon is introducing an AI-powered assistant to One Medical, the tech-forward primary care provider it acquired in 2023. Dubbed 'Health AI,' Amazon says the tool "provides 24/7 persona [...]

Amgen is raising its outlook after beating earnings and dropping a weight loss drug

The biotech raised its full-year revenue forecast to $38.2 billion–$39.4 billion after second-quarter revenue rose 10% to $10.1 billion [...]

FDA is launching real-time monitoring of drug trials, with AstraZeneca and Amgen as first test cases

The agency says 45% of drug development time is currently "dead time" — real-time data access could cut months or years from the process [...]

ISS mission splashes down after medical issue

The SpaceX Dragon spacecraft carrying the Crew-11 astronauts has splashed down into the ocean after they left the ISS a month earlier than planned due a medical issue. It’s the first time NASA cut [...]

Is American Well (AMWL) Outperforming Other Medical Stocks This Year?

Here is how American Well Corporation (AMWL) and ANI Pharmaceuticals (ANIP) have performed compared to their sector so far this year. [...]