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@faycortez

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12.11.2024
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Latest posts by @faycortez

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Ozempic CEO’s Exit From Novo Started With Teams Call Surprise When Novo Nordisk A/S Chief Executive Officer Lars Fruergaard Jorgensen dialed into a Teams video call with Chairman Helge Lund, he was expecting an ordinary catchup.

When Novo Nordisk CEO Lars Fruergaard Jorgensen dialed into a Teams video call with Chairman Helge Lund, he was expecting an ordinary catchup. Instead, the guy at the helm of the company making Ozempic and Wegovy was blindsided. And now he's headed out ...

www.bloomberg.com/news/article...

16.05.2025 20:40 👍 1 🔁 0 💬 0 📌 0
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Obesity Drug Price Wars Heating Up as CVS Picks Novo Over Lilly The obesity drug price wars are finally starting.

Price wars are coming for obesity drugs.
www.bloomberg.com/news/article...

01.05.2025 20:26 👍 1 🔁 0 💬 0 📌 1
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Here's what's new in the weight-loss market:
Novo Nordisk Teams Up With Hims, Ro to Sell Cheaper Wegovy

29.04.2025 12:02 👍 2 🔁 0 💬 0 📌 1
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RFK Jr. Warns FDA Staff of ‘Deep State’ in All-Hands Meeting Robert F. Kennedy Jr. warned Food and Drug Administration staff about the influence of the “deep state” on the agency in an all-hands meeting Friday where he also made off-color comments about childre...

Robert F. Kennedy Jr. warned FDA staff about the influence of the "deep state" on the agency and made off-color comments about children with developmental disabilities during an all-hands meeting that shocked many employees.

Gift link:
www.bloomberg.com/news/article...

11.04.2025 22:35 👍 1 🔁 1 💬 0 📌 0
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Pharmaceutical Products Spared From Trump’s Tariffs for Now The drug industry won a reprieve from sweeping tariffs announced by President Donald Trump on Wednesday, though it could be short-lived as the White House moves forward with plans for future levies on...

Was pharma hit by Trump's newest tariffs? No. But the reprieve is temporary. Why? Read the Bloomberg story (gift link here):
www.bloomberg.com/news/article...

02.04.2025 23:13 👍 2 🔁 3 💬 0 📌 0
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RFK Jr. Lays Off Staffers Who Run FDA’s Vaccine Expert Panel The Food and Drug Administration laid off staffers who run an expert panel that advises the agency on vaccines, according to people familiar with the situation.

I know you're all deep into tariff news, but RFK. Jr. laid off the staffers who run the FDA's vaccine expert panel.

@rachelcohrs.bsky.social has the scoop >

www.bloomberg.com/news/article...

02.04.2025 22:32 👍 0 🔁 2 💬 0 📌 0
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RFK Jr. Profited From Lawsuits Against Agency He’s Poised to Lead Robert F. Kennedy Jr. earned millions from his work as an attorney, including referral fees from cases filed against the agency he’s been chosen to lead, federal disclosures show.

Robert F. Kennedy Jr. earned millions from his work as an attorney, including referral fees from cases filed against the agency he’s been chosen to lead, federal disclosures show.

22.01.2025 20:38 👍 0 🔁 0 💬 0 📌 0
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No, Elon Musk Didn't Reach Top Gamer Status on His Own Tesla CEO’s gaming skills were questioned by fellow players

Yes, Musk is one of the top gamers in the world. It's a position he purchased.

22.01.2025 15:41 👍 2 🔁 0 💬 0 📌 0
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What Trump’s Departure From WHO Will Mean for the US Hi, this is Antonia in New York. I spent Monday monitoring President Donald Trump’s executive orders on his first day back in office, and one really stood out for those of us interested in health issu...

Trump pulling out of the World Health Organization is bad for the agency. But it could also threaten Americans. Antonia Mufarech explains >
www.bloomberg.com/news/newslet...

22.01.2025 14:28 👍 1 🔁 1 💬 0 📌 0
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How Popular YouTubers Pushed Young Male Voters Toward Trump How podcasters like Joe Rogan and Logan Paul turned young men, a once apolitical demographic, into a massively powerful voting bloc

The second Trump presidency, brought to you by YouTube. Masterclass in data journalism. Gift link here:

22.01.2025 14:30 👍 8 🔁 6 💬 3 📌 1
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A Hot Take on the Bitter Cold Reality of a Polar Plunge Greetings from Michelle in snowy Washington, DC, where I’m grappling with flashbacks. It was 18 degrees and snowing in Minnesota when I dove into Lake Minnetonka on New Year’s Day. Insanity? Perhaps. ...

I did a polar plunge so you don't have to. Read all about it here, with this gift link!

www.bloomberg.com/news/newslet...

08.01.2025 21:56 👍 1 🔁 0 💬 0 📌 0
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Chick-fil-A’s Lemon-Squeezing Robots Are Saving 10,000 Hours of Work The company is outsourcing a tedious job that caused countless injured fingers to an automated factory

The most-read story on bloomberg.com is Daniela Sirtori's tale of how Chick-fil-A turned to robots to help make its lemonade www.bloomberg.com/features/202...

08.01.2025 17:08 👍 1 🔁 2 💬 0 📌 0

I didn't realize there were naming rights for bodies of water.

07.01.2025 16:57 👍 0 🔁 0 💬 0 📌 0
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It’s Not Just Sunscreen. Toxic Products Line the Drugstore Aisles US regulators say they’re taking the issue seriously. Reports of contaminated items keep coming

Sunscreen. Dry shampoo. Acne medicine: so many things to make us healthier, happier, smell better, live longer. But some contain compounds that are unequivocally harmful. This series can help you navigate the hidden minefield in American drugstores. Gift link:

www.bloomberg.com/news/feature...

27.12.2024 16:25 👍 1 🔁 0 💬 0 📌 0
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Families Are Going After Snapchat for the Teen Fentanyl Crisis A lawsuit argues that the platform helped dealers sell children deadly counterfeit drugs. The plaintiffs’ legal strategy could change the internet as we know it.

This is such an important story about fentanyl, kids, Snapchat and overdoses, and how the intersection of all four may change the internet as we know it. I'm reading it a bit at a time - such an emotional story. This gift link gives you seven days. Get cracking!

www.bloomberg.com/features/202...

20.12.2024 16:10 👍 0 🔁 0 💬 0 📌 0
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The Global Fertility Trade: A Story of Extraction, Exploitation and Opportunity Following human eggs as they’re exchanged across open, gray and black markets — reaping rewards for an extremely high price.

Great story here. Wow.

www.bloomberg.com/graphics/202...

12.12.2024 23:19 👍 0 🔁 0 💬 0 📌 0
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China Makeup Mogul Nears Billionaire Status With Hong Kong IPO China’s renowned makeup artist Mao Geping became a billionaire as his beauty company soared as much as 92% in its trading debut in Hong Kong, delivering the biggest first-day gains among firms that ra...

The cosmetics industry is still minting (near) billionaires, this time in China:

www.bloomberg.com/news/article...

12.12.2024 16:49 👍 0 🔁 0 💬 0 📌 0
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CEO Killing and Rage Over Insurance Plunges UnitedHealth Into Crisis As the manhunt extends nearly a week, the insurer is piecing together details about Brian Thompson’s death.

Police are questioning a man about the murder of a UnitedHealth exec, but a missed makeup session was the first worrying sign. The attack has spiraled beyond one executive and into a full-on crisis for the company with 440k employees and a half-trillion dollar market capitalization shorturl.at/YNhKe

09.12.2024 18:21 👍 0 🔁 0 💬 0 📌 0
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Big Pharma’s Bet on China Biotech Is a Rare Trade Bright Spot At a time when geopolitical tensions are hitting industries from semiconductors to electric vehicles, pharmaceutical dealmaking has become a rare bright spot for collaboration between China and the We...

Pharma dealmaking is a rare bright spot between the US and China, despite rising political tensions. This would not have been my expectation earlier this year. Let's see if it lasts
www.bloomberg.com/news/article...

05.12.2024 21:58 👍 1 🔁 1 💬 0 📌 0
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‘I Don’t Want to Go Back’: When Ozempic Insurance Coverage Runs Out Insurers are increasingly refusing to pay for shots that patients say drastically improved their health and their lives.

For people who have lost weight with Ozempic, Mounjaro and Zepbound, there are 2 options: indefinite use (and cost) or a return to the hideous feeling of yo-yo dieting after a reprieve. It's dread of the latter that weighs on people. Hear from some of them here:
www.bloomberg.com/news/feature...

04.12.2024 18:27 👍 0 🔁 0 💬 0 📌 0
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Novo Nordisk Launches Wegovy in China With Prices Well Below US Novo Nordisk A/S is launching its top-selling Wegovy obesity drug in China at a fraction of the US price, a key step in unlocking a big, fast-growing market for its blockbuster franchise.

To the surprise of no one, Novo is selling its blockbuster obesity drug Wegovy in China at a fraction of what it charges Americans. The expected knock-on impact could be so great that it's limiting the launch to try to curtail the disruption
www.bloomberg.com/news/article...

18.11.2024 14:32 👍 0 🔁 0 💬 0 📌 0
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What 2025 Looks Like If You're 25 Hi! Thank you for participating! As part of Bloomberg Businessweek's Year Ahead package, we wanted to talk to people who are as old as this century - the 25 year olds. The world is changing quickly; w...

If you (or anyone you know) will be 25 in 2025, Bloomberg wants to hear from you! Pass it on ...

docs.google.com/forms/d/e/1F...

15.11.2024 20:25 👍 0 🔁 0 💬 0 📌 0

Pharmaceutical stocks fall on reports that RFK Jr. to take the helm at HHS. Insurers? Not so much.

14.11.2024 20:53 👍 0 🔁 0 💬 0 📌 0
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‘Make America Healthy Again’: RFK Jr. Wins Over Fans by Stoking Food Toxin Fear “Make America Great Again” has long been a signature phrase at Donald Trump’s rally speeches. Its recent offshoot, “Make America Healthy Again” or MAHA, is now spreading on social media as fitness inf...

Dyes in food is a controversial topic, no doubt, but taking it out will be expensive. And not fast. Ditto any health benefits. Perhaps this will be one of the many natural experiments to come.
www.bloomberg.com/news/article...

12.11.2024 21:49 👍 0 🔁 0 💬 0 📌 0