WASHINGTON — Specialty pharmacies and online companies that have been selling off-brand copies of two blockbuster drugs for obesity and diabetes will need to phase out their versions next year under a federal decision issued Thursday. With demand for GLP-1 drugs booming, compounding pharmacies and telehealth companies like Hims and Ro have jumped into the market, selling cheaper versions online. …
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As weight-loss hopefuls struggle to get name-brand Ozempic, many are turning to a booming, less regulated secondary market for compounded versions of the blockbuster drug. “We urge patients to be vigilant,” said a spokesperson for the FDA, which has issued several alerts and letters recently about concerns related to compounded semaglutide. — Food and Drug Administration The agency has issued …
Pfizer shares sank Friday when the drugmaker said it would abandon a twice-daily obesity treatment after more than half the patients in a clinical trial stopped taking it. Pfizer said it saw patient discontinuation rates topping 50% across all doses in a mid-stage study of twice-daily danuglipron. By comparison, obese patients without diabetes lost about 18% of their weight compared …