Try GOLD - Free
In a setback, liver risks force Pfizer to drop obesity pill
Mint Chennai
|April 15, 2025
Pfizer Inc. will stop developing an obesity pill that was closely watched by investors, a severe blow in its efforts to compete with blockbuster weight-loss shots from Novo Nordisk A/S and Eli Lilly & Co.
The treatment, called danuglipron, was linked to a potentially drug-related liver injury in one patient enrolled in a clinical trial, Pfizer said in a statement. As a result, the company won't advance the once-daily medicine into the final stage of testing and will instead invest in earlier-stage treatments for obesity.
Pfizer has made competing in the obesity market central to its post-covid comeback plan. As demand for coronavirus vaccines and therapies ebbs, the business of selling weight-loss treatments has boomed—and is expected to reach $130 billion by the end of the decade.
This story is from the April 15, 2025 edition of Mint Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Chennai
Mint Chennai
Is America’s economy turning into a casino? Both yes and no
Americans are taking too many bad risks and too few good ones
3 mins
November 20, 2025
Mint Chennai
Global reset done, TVS supply chain unit eyes margin boost
TVS Supply Chain Solutions (SCS), whose wafer-thin margins and weak post-IPO performance have dampened investor sentiment since its 2023 debut, is looking to reset expectations after a major overhaul of its overseas operations.
2 mins
November 20, 2025
Mint Chennai
A fresh perspective on abstraction in art
A new exhibition in Mumbai showcases different approaches to abstraction by artists like Zarina, Seher Shah and Mehlli Gobhai
3 mins
November 20, 2025
Mint Chennai
A Gustav Klimt portrait shatters art records
Portrait of Elisabeth Lederer was sold at Sotheby's for $236.4 million
2 mins
November 20, 2025
Mint Chennai
Exide's dual bet: Can lithium-ion offset a weakening core?
Exide Industries Ltd is struggling to fuel its core lead-acid business while simultaneously turning its capex-heavy lithium-ion venture into a viable second growth engine.
1 mins
November 20, 2025
Mint Chennai
The crypto trades that amplified gains are now turbocharging losses
The rally in crypto prices this year was boosted by a large heap of debt, with traders using leverage to amplify their gains.
3 mins
November 20, 2025
Mint Chennai
Sebi mulls easing FPI trade settlement
The move would reduce costs for FPIs, says Sebi chairperson Tuhin Kanta Pandey.
1 min
November 20, 2025
Mint Chennai
Samsung India logs double-digit growth
Samsung India Electronics said it has clocked a double digit growth in its revenue from operations of over 11% to ₹1.11 trillion in the financial year ended March 2025.
1 min
November 20, 2025
Mint Chennai
BSNL dials vendors for a fix as regulator flags weak signal
State-owned Bharat Sanchar Nigam Ltd (BSNL) has flagged weak transmission signals at thousands of its new 4G towers—an issue behind call drops and slower data speeds—at a time when the operator is attempting a long-awaited turnaround backed by the government's successive revival packages.
1 mins
November 20, 2025
Mint Chennai
RP-Sanjiv Goenka enters luxe fashion with FSP stake buy
PSG Ventures Ltd, part of the RP-Sanjiv Goenka Group, on Wednesday approved the acquisition of a 40% stake in FSP Design Pvt. Ltd, the company behind the luxury fashion label Falguni Shane Peacock (FSP), is marking its formal entry into India’s luxury apparel and lifestyle market.
1 mins
November 20, 2025
Listen
Translate
Change font size

