Pharmaceuticals
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X @Bloomberg
Bloomberg· 2026-07-16 15:15
Merck & Co. won regulatory approval for a pill version of powerful cholesterol medication that Wall Street analysts have said could generate billions of annual sales. https://t.co/yA1QYfuZeD ...
Lilly Buys Psychedelic Drugmaker AtaiBeckley for $3.8 Billion
Bloomberg Television· 2026-07-16 14:23
What exactly is Lilly buying with this thing, Madison. So Lilly is buying into this fast growing psychedelic space, which was once really on the fringes of drug development, but has gotten a lot more interesting and a lot more interest from drug makers over the last year or so. There are now a couple of companies that are nearing potentially FDA approval.They're in late stages of testing. AtaiBeckley is moving into late stages of testing. They have their lead drug is called BPL zero zero three.It's actually ...
Eli Lilly to buy psychedelics maker AtaiBeckley for $2.8 billion
CNBC Television· 2026-07-16 13:30
Lily says that it is acquiring psychedelic drug developer Tai Beckley. And Lily will pay $675 in cash or $2.8% billion upfront and another1 billion if certain developmental and regulatory milestones are met. And so a Tai Beckley, their lead drug is related to the psychedelic drug DMT.And the company's testing it for treatment resistant depression. And it's a nasal spray that's a little bit like um J&J's drug spado. So it's administered in a clinic and then patients are monitored for a couple hours and again ...
X @The Wall Street Journal
The Wall Street Journal· 2026-07-16 11:25
Eli Lilly has struck a deal to buy mental-health-focused AtaiBeckley for an initial $2.8 billion, continuing the drugmaker’s recent buying spree. https://t.co/C6X2UJZnOo ...
US Trade Rep. Greer on China Relations and Section 301 Tariffs
Bloomberg Television· 2026-07-16 00:46
You were just on a panel and you said you have an aversion to making news. I'm going to try. Nonetheless, I think there are a lot of folks wondering about Brazil in particular.As soon as this test case for the section 301 tariffs statutory deadline is today. Anything that you can say about the process and where it stands and what we can expect, it's today. So our section 301 investigations, they are legal investigations.We have two sets of hearings. We do two sets of public comments. And we're focused on un ...
X @The Economist
The Economist· 2026-07-15 19:10
The world’s largest drugmaker is betting big on preventive medicines—and learning from big tech https://t.co/BhrrA44rzT ...