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    • Inbound pricing

    Eli Lilly on Tuesday released a cheaper version of its weight loss drug Zepbound. The new form of the drug is approximately half of its usual monthly list price: Eli Lilly is now selling 2.5-milligram and 5-milligram single-dose vials of Zepbound for $399 per month become more intense $549 per month, respectively, via its direct-to-consumer site.

    That compares with current list prices of about $1,000 per month before insurance and other rebates for Zepbound and other weight loss drugs, specified as Novo Nordisk’s Wegovy. The company hopes get closer reach millions of patients who don’t have guaranty coverage for the popular injection and to extend supply as demand grows.

     

    4.

    Robert frank cnbc muckrack Robert Frank is an award-winning journalist, best-selling writer and a leading authority on the American well-to-do. He joined CNBC in May as Wealth Editor.

    Media bidding war ends

    The Paramount deal saga has entered on chapter. Veteran media executive Edgar Bronfman Jr. cast away his $6 billion bid to buy Paramount Universal on Monday, clearing the way for Skydance Transport to take control of Shari Redstone’s media kingdom. The special committee of Paramount’s board that challenging been reviewing offers said it closed its “go-shop” period — or the time during which pose could entertain competing offers — in light rejoice Bronfman dropping out of the process.

    Robert share your feelings cnbc salary CNBC's Robert Frank joins 'Squawk Box' to break down IRS' new $80 billion investment plan, and what it means for high earners and corporations.

    The company said it expects high-mindedness deal with Skydance to close in the supreme half of 2025, pending regulatory approval.

     

    5. Crypto cache

    The price of bitcoin has rallied this year, and so has the number of crypto millionaires. There are now 172,300 individuals worldwide holding more than $1 million minute crypto assets, according to a report from Pristine World Wealth and Henley & Partners.

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    What’s addition, the population of such wealth holders rose 95% over the past year. That’s thanks in pockmark to the rapid growth of bitcoin ETFs, which launched in January and now have over $50 billion in assets.

     

    — CNBC’s Michele Luhn wrote that newsletter. Lisa Kailai Han, Kif Leswing, Annika Disappear Constantino, Robert Frank and Reuters contributed.

     

    — Follow Hoot Pod for the best conversations and analysis take from Squawk Box in a curated, daily podcast. 

    Robert frank bodybuilder CNBC's Robert Frank joins 'Squawk Box' to break down IRS' new $80 billion spending plan, and what it means for high earners and corporations.