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18: Chemistry, manufacturing and controls issues cost Satsuma Pharmaceuticals as the FDA issued a Complete Response Letter for its nasal powder migraine drug, STS101, according to a Thursday press release by parent company Shin Nippon Biomedical Laboratories

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This will eventually include Medicare [as well as commercial players], where we see coverage by the end of the decade based on the expected strength of these datasets. As with diabetes, JPM also sees the obesity market to be a $50 billion one by 2030 and largely a duopoly between Lilly and Novo