Health News Round-Up: FDA Approvals and Market Movements

The latest health news includes Church & Dwight adjusting forecasts due to cautious consumer spending, FDA's approval of Adaptimmune's new cancer therapy, and the availability updates of Eli Lilly's weight-loss and diabetes drugs. The updates reflect significant trends and developments in the health sector.


Devdiscourse News Desk | Updated: 04-08-2024 10:29 IST | Created: 04-08-2024 10:29 IST
Health News Round-Up: FDA Approvals and Market Movements
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The latest developments in health news reveal significant shifts and approvals that could impact the industry.

Church & Dwight has adjusted its full-year sales and profit forecasts downward due to consumer caution on spending for its premium household and personal care products, leading to a 4.3% drop in premarket shares for the Trojan condom maker.

The US FDA has given the green light to Adaptimmune's groundbreaking treatment, Tecelra, for a rare cancer affecting soft tissues, specifically synovial sarcoma. This approval offers new hope for patients who have undergone prior chemotherapy.

Eli Lilly's weight-loss drug Zepbound and diabetes medication Mounjaro are now fully available, according to the FDA's latest update, though the drugs remain on the shortage list.

(With inputs from agencies.)

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