Novo Nordisk to boost output of Wegovy, Ozempic with new NC facility

Novo Nordisk's new manufacturing facility in Clayton, North Carolina.Courtesy: Novo NordiskNovo Nordisk on Monday said it will spend $4.1 billion to build a new manufacturing plant in Clayton, North Carolina, in a bid to boost the supply of its blockbuster weight loss drug Wegovy, diabetes treatment Ozempic and other...

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Target taps Shopify to add sellers to its third-party marketplace

Target is turning to Shopify to add new and trendier brands to its website.Starting Monday, the Minneapolis-based discounter said companies that work with Shopify can apply to join Target Plus, its third-party marketplace. Some of Shopify's customers are smaller or up-and-coming brands that use the e-commerce platform to build...

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Eli Lilly expects FDA decision on Zepbound for sleep apnea as early as end of year

Eli Lilly on Friday said it applied for U.S. approval of its weight loss drug Zepbound for the treatment of the most common sleep-related breathing disorder and expects regulators to make a decision as early as the end of the year.If cleared by the Food and Drug Administration, the company plans to...

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