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Exciting New Drugs: Coming Every Couple of Years?

Davos, SwitzerlandWednesday, January 22, 2025
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Could we be entering an era where life-changing drugs like Wegovy and Zepbound become commonplace? That's what former U. S. Treasury Secretary Larry Summers suggested at the World Economic Forum in Davos, Switzerland. He believes we're in a time of incredible technological possibilities that are driving innovation forward. He pointed to areas like green energy, computing, and life sciences as examples. Summers thinks we could see a new "miracle drug" every couple of years. He used the example of semaglutides, a type of drug used to treat type 2 diabetes and obesity. These drugs, including Wegovy and Zepbound, have become hugely successful. They've even shown benefits beyond weight loss, like reducing the risk of major cardiovascular events and substance abuse. But what's really fascinating is Summers' comparison of AI to the internet. He thinks AI could revolutionize our world in a similar way that computers did for calculators. This could lead to even more advancements in drug development and other areas.

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