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Real-time News
December 23 - According to the Sing Tao Daily, Biren Technology began accepting subscriptions for its Hong Kong initial public offering (IPO) on Monday, with margin financing oversubscribed by nearly 47 times on the first day. The company plans to issue 247.7 million shares, aiming to raise up to HK$4.85 billion.On December 23, the U.S. Food and Drug Administration (FDA) approved the oral tablet version of Novo Nordisks weight-loss drug Wegovy. Novo Nordisk refers to the drug as Wegovy oral tablets. Its active ingredient is the same as the original Wegovy and its diabetes sister drug Ozempic, both being semaglutide. Wegovy and Ozempic are both weekly injectable GLP-1 hormone mimics, as are their competitors Eli Lillys Zepbound and Mounjaro. According to the Kaiser Family Foundation, a health policy research organization, approximately one in eight adults in the U.S. are currently taking one of these medications. Novo Nordisk stated that clinical trials showed that the weight-loss effects and side effects of Wegovy oral tablets are broadly similar to those of the Wegovy injection, and it will be available in the U.S. with a prescription starting in January. Novo Nordisks Chief Medical Officer for the U.S., Brett, stated, "We believe this will expand patient choice and accessibility; we know some patients simply do not want to use injectable medications."December 23 – Since the Trump administration tightened restrictions on Venezuelan oil revenues by locking down tankers, more than a dozen oil tankers have been loading oil off the Venezuelan coast. According to shipping intelligence firm Kepler, approximately 14 vessels have completed loading since December 11, at least six of which are sanctioned. Most loading operations have taken place in the ports of Bajo Grande and Jose. Data shows that despite escalating tensions, oil loading activity is proceeding at a near-normal pace.Novo Nordisk (NVO.N): Novo Nordisks Wegovy is being manufactured in the United States.US President Trump: Everyone is tired of Russias war in Ukraine.
