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317: VC struggles, drug pricing negotiations, & Novo's abrupt Wegovy decision

317: VC struggles, drug pricing negotiations, & Novo's abrupt Wegovy decision

The Readout Loud

August 8, 202428m 52s

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Show Notes

STAT's Washington Correspondent John Wilkerson joins us to discuss the first round of drug pricing negotiations under the Inflation Reduction Act, which will wrap up by September 1. We also cover the latest news in the life sciences including the merger of AI drug development companies Recursion Pharmaceuticals and Exscientia, Novo Nordisk's decision to pause its regulatory submission for Wegovy's use in patients with heart failure with preserved ejection fraction, and the state of biotech VC.