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Verdiva launches with $410M for weight loss drugs to challenge Ozempic, Wegovy

London-headquartered biotech startup Verdiva has emerged from stealth with a whopping $410mn for a new range of drugs aimed at tackling the obesity epidemic. It’s one of Europe’s largest-ever biotech VC deals, signalling investor appetite for the booming weight loss market.  Verdiva looks to challenge the dominance of Novo Nordisk and Eli Lilly, the makers of the two most popular weight loss drugs,  Ozempic and Wegovy. The company promises to offer less invasive pills, instead of injectables. Its most advanced product is an oral-based GLP-1, a drug that curbs hunger.  Verdiva was founded in July 2024 by executives of Aiolos…This story continues at The Next Web

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How Ozempic maker Novo Nordisk fell behind Eli Lilly in the weight loss drug race
How Ozempic maker Novo Nordisk fell behind Eli Lilly in the weight loss dru

<img class="type:primaryImage" src="https://i.kinja-img.com/image/upload/c_fit,q_80,w_636/746af559340fe82bc9f6bf71316594d7.jpg"/><p>Novo Nordisk (<a class="sc-1 [...]

Match Score: 154.92

Wegovy's price cut, Amgen's Ozempic competitor, and Big Pharma's tax cut: Pharma news roundup
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<img class="type:primaryImage" src="https://i.kinja-img.com/image/upload/c_fit,q_80,w_636/e52d965976c1e0c2f8d89ccb548a2577.jpg"/><p>Novo Nordisk just cut the price of i [...]

Match Score: 147.38

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Match Score: 120.13

Noom is offering microdoses of compounded Wegovy for weight loss
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<img class="type:primaryImage" src="https://i.kinja-img.com/image/upload/c_fit,q_80,w_636/1e8e4f78b312682b7ad0cc4f023b7d48.jpg"/><p>Noom will start offering microdoses [...]

Match Score: 108.95

Weight loss drugs can help employers cut health care costs, study says
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<img class="type:primaryImage" src="https://i.kinja-img.com/image/upload/c_fit,q_80,w_636/057b4b567ccd57f2311b2b7204a82d74.jpg"/><p>Covering the cost of pricey GLP-1 we [...]

Match Score: 96.21

Weight loss drugs are squeezing the food industry
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Match Score: 95.90

Eli Lilly's Zepbound beat Novo Nordisk’s Wegovy in a big weight loss drug study
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<img class="type:primaryImage" src="https://i.kinja-img.com/image/upload/c_fit,q_80,w_636/ff0c1c3c426ad52686faeda3e7ef0e44.jpg"/><p>Eli Lilly’s (<a class="sc- [...]

Match Score: 90.07

Eli Lilly is stepping up its fight against copycat weight-loss drugs
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Match Score: 80.08

Novo Nordisk's CEO is out after the Ozempic maker's stock dropped 50% in a year
Novo Nordisk's CEO is out after the Ozempic maker's stock dropped 50% in a

<img class="type:primaryImage" src="https://i.kinja-img.com/image/upload/c_fit,q_80,w_636/f47be76d17df55bcf4ffbb6453678277.jpg"/><p>Novo Nordisk (<a class="sc-1 [...]

Match Score: 78.02