Eli Lilly is making its weight-loss drug Zepbound available in single-dose vials at reduced prices through its recently launched direct-to-consumer sales platform.
Why it matters: Widespread shortages have dogged the newly popular class of anti-obesity and diabetes GLP-1 drugs, prompting pharmaceutical giants and telehealth companies to seek alternative routes to bolstering access.
Driving the news: Lilly will sell 2.5-mg and 5-mg vials for $399 and $549 apiece, respectively, for a four-week supply via LillyDirect.
Both vials come without the auto-injector pen that accompanies standard prescriptions, meaning patients will need to acquire syringes and needles on their own to draw up the medicine.
Podcasting is turning out to be more lucrative than football for the Kelce brothers.
State of play: Travis and Jason Kelce signed a three-year, $100 million+ podcasting deal with Amazon studio Wondery, Variety reports.
"New Heightswill continue to be available widely on all podcast services and now fans can listen early and ad-free on Wondery+," Amazon said in a statement.
Zoom out: Travis Kelce's current contract for the Kansas City Chiefs pays him $17.1 million per year, according to Yahoo Sports.
Jason Kelce's final salary before he retired from the Philadelphia Eagles was reportedly $14 million.
💭 Nathan's thought bubble: Taylor Swift should get a piece of this deal.
Vice President Kamala Harris and Minnesota Gov. Tim Walz will sit for a joint interview with CNN on Thursday, the network announced Tuesday.
Why it matters: It's the first formal interview for Harris after more than five weeks of campaigning. That long delay means she'll be under additional scrutiny for her performance in the CNN interview.
Nvidia is barreling toward an earnings report Wednesday afternoon that will provide critical insight into the trajectory of the boom-or-bubble AI economy.
Why it matters: The chip giant's fate directly reflects how much other companies are investing in AI development, a subject that's been driving the stock market to new all-time highs.
Gallery Media Group plans to end 2024 with $50 million in revenue, CEO and founder Ryan Harwood told Axios. The company, previously named after its biggest property PureWow, has been profitable since 2011.
Why it matters: With no debt, consistent growth and no major layoffs in its history, GMG is a rare digital media success story.
Lawyers for the FTC and Krogeron Monday gave opening arguments in an antitrust trial that could determine the future of America's grocery sector.
Why it matters: The outcome will impact food prices for millions of consumers. Both sides agree on this, although the government thinks prices would rise and Kroger believe prices would decline.
Americans put less money into their brokerage accounts in states where sports gambling has been legalized, per a new paper that has caused something of a stir.
Why it matters: Individuals in a majority of U.S. states now have a relatively new option should they want to tread in the footsteps of billionaires and make a consumption decision that feels kinda like an investment. They can bet on sports.
The fast-food industry's pain is fast casual's gain. Chipotle, Cava and Wingstop are running circles around the likes of McDonald's, Starbucks and KFC.
Why it matters: The price gap is shrinking between fast-food and fast-casual restaurants.
Former pharmaceutical executive Martin Shkreli must turn over all digital copies of Wu-Tang Clan's unreleased album "Once Upon A Time in Shaolin" by Friday, a judge in Brooklyn ruled.
Why it matters: Shkreli, who was nicknamed "Pharma Bro" after gaining notoriety for having raised the price of an AIDS drug by 5,000%, previously owned the only copy of Wu-Tang Clan's rare album.
Edgar Bronfman Jr., former Warner Music chair and heir to the Seagram alcohol fortune, has dropped his last-minute bid for Paramount's parent, National Amusements Inc., he confirmed in a statement to Axios.
Why it matters: Bronfman's last-minute bid had threatened to upend the $8 billion+ agreement between Paramount and Skydance Media.
