Today: 16 March 2026
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NASDAQ:MDGL 18 August 2025

Biotech, Pharma, and Health Breakthroughs You Missed on August 17–18, 2025

Biotech, Pharma, and Health Breakthroughs You Missed on August 17–18, 2025

The FDA approved Tonix’s Tonmya as the first new fibromyalgia drug in over 15 years. Novo Nordisk’s Wegovy received accelerated FDA approval for MASH, becoming the first GLP-1 therapy cleared for the liver disease. Pfizer’s sickle cell drug inclacumab failed a Phase 3 trial, marking another setback after its $5.4 billion Global Blood Therapeutics acquisition. Eli Lilly announced a $1.3 billion AI drug partnership with Superluminal.

Stock Market Today

  • Uber Sees Long-Term Upside From Autonomous Partnerships and AI Efficiency Amid Price Target Cuts
    March 16, 2026, 5:47 PM EDT. Uber Technologies' fair value estimate dips slightly to $103.81 amid mixed analyst views. Autonomous vehicle partnerships like Zoox and AI-driven efficiencies remain key growth drivers, supporting trip density and value. Some analysts cut price targets into a $99-$125 range, citing multiple contraction and macro risks, while others highlight ongoing capital returns and improved margins. Investor skepticism lingers over Uber's position versus competitors like Waymo in robotaxi deployment, adding pressure on valuations despite bullish product innovation and pricing strategies.
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