Last updated: 2025-11-21 18:33:33 ET
Eli Lilly on Friday briefly crossed the $1 trillion market-cap threshold, the first drugmaker to ever reach that milestone.
Denmark's GDP grew by the most in four years as Novo Nordisk continues to boost the small Nordic country's economy.
Drugmakers are making notable deals, biotech is coming back, and much of the worry about tariffs and interest rates has faded away.
The Danish drugmaker said it's cutting the price of Wegovy and Ozempic from $499 to $349 per month for some customers who buy the drugs directly.
A federal bankruptcy judge said on Friday he will approve a restructuring plan for drugmaker Purdue Pharma that includes a $7.4 billion settlement.
