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J&J Has No Plans to Enter Obesity Drugs Market, CEO Says

Johnson & Johnson has no plans to enter the booming obesity market, opting instead to focus on diseases such as cancer, CEO Joaquin Duato said in an interview for an upcoming episode of The David Rubenstein Show: Peer to Peer Conversations. The comments set J&J apart from many of its rivals that are trying to develop or acquire obesity medicines following blockbuster weight-loss drugs from Eli Lilly & Co. and Novo Nordisk.

Read more: J&J Has No Plans to Enter Obesity Drugs Market, CEO Says
Bloomberg

J&J Is Focused on Fighting Cancer, Not Obesity Drugs, CEO Says

Johnson & Johnson has no plans to enter the booming obesity market, opting instead to focus on diseases such as cancer, CEO Joaquin Duato said in an interview for an upcoming episode of The David Rubenstein Show: Peer to Peer Conversations. The comments set J&J apart from many of its rivals that are trying to develop or acquire obesity medicines following blockbuster weight-loss drugs from Eli Lilly & Co. and Novo Nordisk.

Read more: J&J Is Focused on Fighting Cancer, Not Obesity Drugs, CEO Says
Bloomberg

Seeking to Raise $300M, Create Unique Structure: LIV CEO

Scott O'Neil, CEO of LIV Golf, joins Dani Burger and Scarlet Fu on "Bloomberg Deals." LIV Golf has begun laying the groundwork for a potential US bankruptcy filing if it fails to raise new funds, according to people familiar with the matter. The golf league is currently looking for money after its main backer, the Saudi Public Investment Fund, pulled its funding.

Read more: Seeking to Raise $300M, Create Unique Structure: LIV CEO
Bloomberg

Orbital Data Centers Face Real Challenges, Says Peridot

Makenzie Lystrup, principal consultant at Peridot Services and former director for the Goddard Space Flight Center, NASA's primary hub for building and operating scientific satellites, says energy and heat present real challenges for orbital data centers and SpaceX ambitions. She joins Ed Ludlow on "Bloomberg Tech."

Read more: Orbital Data Centers Face Real Challenges, Says Peridot
Bloomberg

Apple to Launch Camera Airpods, Foldable iPhone in 2027

Apple is holding steady with its AI ambitions, planning camera-equipped AirPods, smart glasses and new foldable iPhones as part of a major product push over the next two years. Plus: Snap introduces Specs, a pair of augmented reality glasses that co-founder Evan Spiegel described as a 'leapfrog advancement' and the computer of the future. Bloomberg's Mark Gurman joins Ed Ludlow on "Bloomberg Tech."

Read more: Apple to Launch Camera Airpods, Foldable iPhone in 2027

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