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Nat Rev Microbiol

Metabolism 41 (3), 31523

In a recent NOTW, I shared what I believed to be the three reasons behind the weakness (in relevance order): The narrative around oral GLP-1s Schotts weak FY 2026 guidance (shared early in December) Stevanatos low float (80% or so remains in the hands of the Stevanato family) #3 is what it is and we cant do much about it

For instance, an injectable biologic may be prescribed, but the claimant might not know whether the patient should get the vial at a specialty pharmacy or receive an in-office infusion (making a difference in coverage and cost)

Cigna Cigna had a relatively strong showing in Q2 2025