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Friday, June 26, 2026

Taste, Smell Disturbances Seen in GLP-1 Users

 

  • Diabetes patients using GLP-1 agents had a higher risk of smell and taste disturbances over 2 years, though absolute risk increases were very small.
  • Smell disturbances included anosmia and parosmia; taste disturbances included parageusia.
  • Incident smell and taste disturbances were identified solely using ICD codes which are often assigned based on patient-reported symptoms, not objective testing.

Use of GLP-1 receptor agonists was associated with a higher risk of smell and taste disturbances among adults with type 2 diabetes, an analysis of electronic health record (EHR) data suggested.

Compared with matched controls using other antidiabetic agents, GLP-1 medication users had a 48% increased risk of overall smell and taste disturbances over a 2-year follow-up period (HR 1.48, 95% CI 1.37-1.61), according to Nir Zontag, BSc, and Jonathan Zontag, BSc, both of the Hadassah Medical Center at Hebrew University in Jerusalem, Israel.

GLP-1 drug users had higher risks for both smell disturbances (HR 1.81, 95% CI 1.58-2.07), and taste disturbances (HR 1.52, 95% CI 1.35-1.71). However, these corresponded to relatively small absolute risk increases of 0.08% and 0.07%, respectively, the researchers reported in JAMA Otolaryngology-Head & Neck Surgery.

Smell disturbances included anosmia and parosmia; taste disturbances included parageusia.

"These findings suggest a potential multifactorial association, possibly involving both peripheral sensory receptors and central neural pathways," Zontag and Zontag wrote. "The increase in popularity of GLP-1 receptor agonists for both glycemic control and obesity raises questions of their potential effects on chemosensory function, given the presence of GLP-1 receptor agonists in both the olfactory bulb and taste buds."

GLP-1 receptor agonists are highly effective for glycemic control and weight loss but their rapid rise in popularity has been accompanied by emerging safety concerns, including risks for eye conditions and otolaryngologic adverse events.

Zontag and Zontag noted that while smell and taste disturbances are of growing interest in patients with diabetes, they traditionally have been attributed to underlying diabetic neuropathy and microvascular complications. However, the current findings align with recent case reports suggesting the drugs themselves might play a role in sensory dysfunction, they noted.

Olfactory and gustatory dysfunction are important markers of systemic well-being, noted accompanying commentary authors Charles Riley, MD, of Boston University in Massachusetts, and Edward McCoul, MD, MPH, of Ochsner Clinic Foundation in New Orleans.

"Olfactory dysfunction is one of the most reliable prodromal markers for neurodegenerative conditions such as Parkinson's disease and Alzheimer's disease," they wrote. "Taken together, smell and taste are an essential sensory warning system, alerting one to environmental dangers or spoiled foods."

The editorialists emphasized the need for improved counseling, surveillance, and shared decision-making when prescribing GLP-1 drugs. For patients with uncontrolled diabetes, cardiovascular disease, or severe obesity, the benefits of the medication may outweigh the risk of sensory disturbance, they said.

They also recommended that clinicians ask questions about baseline sensory ability before prescribing GLP-1 agents. "These questions should include a subjective assessment of smell and taste, documentation of risk factors, and counseling about the potential risk of smell loss," Riley and McCoul advised. Validated tools like the Smell Identification Test could be used for high-risk patients and the risk-benefit calculation could be re-evaluated if olfactory loss occurs, with patients referred to an otolaryngologist if necessary.

"We are likely in the early stages of a profound therapeutic shift, with significant clinical and mechanistic frontiers yet to be explored," they concluded. "Prospective studies with baseline smell testing, dose-response and duration-response analyses, and a focus on specific drugs are future steps that warrant study."

In their retrospective study, Zontag and Zontag analyzed medical records of adults in the TriNetX Global Collaborative Network from December 2017 to April 2026 who were diagnosed with type 2 diabetes and had no history of prior smell or taste disturbances.

The exposure group received a GLP-1 receptor agonist while the control group was prescribed diabetes medications -- SGLT2 inhibitors, DPP-4 inhibitors, sulfonylureas, thiazolidinediones, metformin, insulin, or α-glucosidase inhibitors -- without a GLP-1 drug.

After propensity-score matching, each group had 438,474 patients. The average age was approximately 58, and 55% were female.

The researchers acknowledged certain limitations. Incident smell and taste disturbances were identified solely using ICD codes. "This is particularly relevant for these diagnoses, which are often assigned based on patient-reported symptoms rather than on standardized objective testing," Zontag and Zontag pointed out.

"Self-reported measures of smell and taste are inherently subjective and may not accurately represent true sensory function, as they can be influenced by individual perception and broader health factors, affecting diagnostic accuracy," they wrote.

In addition, all GLP-1 agents were grouped into one category despite their molecular differences that could have distinct effects, the researchers said.

Disclosures

Zontag and Zontag reported no disclosures.

McCoul reported personal fees from 3D Matrix, Advanced Rx, Sanofi/Regeneron, and stock in Zsquare. Riley reported no disclosures.

Polymarket hits $1 billion annualized revenue after U.S. launch



Prediction market platform Polymarket’s annualized revenue are now well above $1 billion, the company shared exclusively with CNBC on Friday.

Polymarket’s disclosure comes six weeks after the company lifted the waitlist for its U.S. exchange, which operates separately from its international, decentralized finance platform.


It also comes as the FIFA World Cup has sent trading volumes surging across various prediction market exchanges since the tournament’s start.

Volume on the company’s U.S. platform has gone from around $50 million per day in mid-May to more than $200 million on June 20, according to data on Dune Analytics. On Polymarket’s international platform, weekly trading volume totals have surged to all-time highs amid the World Cup boom after experiencing declines in April and May.

The U.S. exchange was launched in December and developed after Polymarket was originally prohibited from operating in the country in 2022 for not properly registering with regulators. In July, the Commodity Futures Trading Commission and the Department of Justice dropped their investigations into the company without charges, and Polymarket U.S. operates as a CFTC-regulated exchange.

Polymarket’s U.S. platform was waitlisted from December until six weeks ago, when it was dropped for users on the platform’s mobile app. A desktop version is still unavailable, with users in the U.S. directed on the company’s website to scan a QR code to download the app to trade.

“Polymarket is a product-led company,” a spokesperson said in a statement to CNBC. “We spent the last five years building the world’s largest prediction market, and understanding how people engage with markets at scale. We are applying those learnings to our U.S. platform, where our focus is on intuitive market experiences, institutional-grade liquidity and a consumer experience that sets the standard for the category.”

https://www.cnbc.com/2026/06/26/polymarket-annualized-revenue-1-billion-us-exchange-.html

Capricor: FDA panel to review Deramiocel BLA for Duchenne on July 29, PDUFA date Aug 22

 

Capricor: FDA panel to review Deramiocel BLA for Duchenne on July 29, 2026, PDUFA date August 22, 2026

  • 5-year HOPE-2 extension shows Deramiocel preserves skeletal and cardiac function in Duchenne muscular dystrophy patients.
  • HOPE-2 extension data support the ongoing Biologics License Application review for Deramiocel in Duchenne muscular dystrophy.

AI Investment Challenges Highlighted at Wedbush Confab

 On June 26, 2026, at the Disruptive Technology Conference hosted by Wedbush Securities, analysts highlighted the challenges enterprises face in measuring the return on investment in artificial intelligence (AI). The discussion underscored the significant spending on AI initiatives by large corporations, with projections indicating that top U.S. hyperscalers are set to invest over $700 billion in AI infrastructure by 2026. This trend is expected to benefit companies like NVIDIA Corp NVDA, a key player in providing essential components for AI technologies.

The recent discussions at the Disruptive Technology Conference reflect a growing concern among analysts regarding the lack of benchmarks for evaluating AI investments. Despite the massive influx of capital into AI, companies are under increasing pressure to deliver measurable results from these initiatives. This scenario creates a challenging environment for enterprises as they seek to justify their AI expenditures to stakeholders.

https://www.gurufocus.com/news/8934389/ai-investment-challenges-highlighted-at-wedbush-conference


Medicare GLP-1 Bridge: GLP-1 Drugs for $50 a Month

 Starting July 1, 2026, Medicare has a new program called Medicare GLP-1 Bridge to help you pay for certain GLP-1 weight loss medicines. 

Medicare GLP-1 Bridge covers these GLP-1 drugs: • Foundayo® (tablet) • Wegovy® (injection or tablet) • Zepbound® (KwikPen® only) The single-dose Zepbound® pen and Zepbound® vials are NOT covered. 

Your cost for these drugs under this program is $50 per month, no matter your income level. This $50 payment doesn’t count toward your Medicare drug plan deductible or yearly out-of-pocket limit. These drugs aren’t eligible for the Medicare Prescription Payment Plan. 

Am I eligible? To get the GLP-1 drugs listed above under this program, you must meet all four of these requirements: You have Medicare Part D drug coverage, under either a standalone Medicare Drug Plan or a Medicare health plan that includes drug coverage. You’re not eligible if your only Medicare coverage is through certain special plan types (like private fee-for-service plans, cost contract plans or a PACE organization). If you’re not sure what type of plan you have, call 1-800-MEDICARE (1-800-633-4227). TTY users call 1-877-486-2048. 

You’re not eligible to receive a GLP-1 drug through your Medicare drug plan. If you’ve been using a GLP-1 drug paid for by your Medicare drug plan for any reason, you need to keep getting your GLP-1 drug through your plan. 

GLP-1 drugs are defined as products with the following active ingredients: Semaglutide, Tirzepatide, Orforglipron, Dulaglutide, and Liraglutide. 

You don’t have type 2 diabetes, moderate-to-severe sleep apnea, or fatty liver disease. If you have any of these conditions, contact your Medicare drug plan — they may already cover a GLP-1 drug for you. 

You’re at least 18 years of age AND at least one of these is true: • You have a Body Mass Index (BMI) of 35 or higher • Your BMI is 30 or higher, and you have certain types of heart failure OR high blood pressure that’s hard to control OR chronic kidney disease (stage 3a or above) • Your BMI is 27 or higher, and you have prediabetes OR you’ve had a heart attack, stroke or blocked arteries in your legs or arms *BMI (Body Mass Index) is a number your doctor calculates based on your height and weight. Ask your doctor what your BMI is if you don’t know. 

How to get GLP-1 drugs through Medicare GLP-1 Bridge • Talk to your doctor about whether a GLP-1 drug is right for you and if you qualify for this program. • If one of the drugs covered is right for you, your doctor will send a prescription to the pharmacy. • Your pharmacy may reach out to you to request your Medicare ID number. The pharmacist needs your Medicare ID number (printed on your card) to process the prescription. If you don’t have your card, the pharmacist can look up your number using the last four digits of your Social Security Number. • After the pharmacy receives confirmation that you are eligible for Medicare GLP-1 Bridge, your doctor will need to submit a form to get approval from Medicare for coverage. • You will also receive a letter from Medicare, letting you know your medicine is covered. • Pick up your medicine at the pharmacy and pay $50 for a one-month supply. To get a refill, you don’t need a new approval from Medicare as long as you stay on the same drug, even if your dose changes. 

You have the right to get Medicare information in an accessible format, like large print, braille, or audio. You also have the right to file a complaint if you feel you’ve been discriminated against. Visit Medicare.gov/about-us/accessibility-nondiscrimination-notice, or call 1-800-MEDICARE (1-800-633-4227) for more information. TTY users can call 1-877-486-2048. This product was produced at U.S. taxpayer expense. CMS Product No. 12234 • June 2026 Visit Medicare.gov or call 1-800-MEDICARE (1-800-633-4227) for more information about Medicare GLP-1 Bridge. TTY users can call 1-877-486-2048. This fact sheet is for general information only. Talk to your doctor to find out if this program is right for you.

https://www.medicare.gov/publications/12234-medicare-glp-1-bridge-glp-1-drugs-for-50-a-month.pdf

CHMP positive opinion for Opzelura in moderate atopic dermatitis lifts Incyte

 

CHMP positive opinion for Opzelura in moderate atopic dermatitis lifts Incyte shares 6.83%

  • Incyte announced CHMP/EMA positive opinion recommending Opzelura (ruxolitinib cream) approval for adults with moderate AD where topical corticosteroids or calcineurin inhibitors are inadequate.
  • Recommendation based on pivotal Phase 3 trials demonstrating safety and efficacy of the JAK inhibitor cream.
  • News released June 26, 2026, directly triggering intraday surge and elevated trading volume.
  • Expands Incyte's dermatology portfolio in Europe, building on prior Opzelura approvals and recent pipeline wins like Japan Minjuvi approval (June 19) and zilurgisertib data.
  • Viewed as de-risking non-Jakafi revenue growth ahead of potential EU approval and launch.
  • Fits pattern of positive pipeline momentum; analysts had highlighted Opzelura EU AD as 2026 catalyst.

FDA Proposes Rule That Would Help Hold Foreign Tobacco Product Manufacturers Accountable

 The U.S. Food and Drug Administration today issued a proposed rule that, if finalized, would help protect the public health of Americans, including youth, by strengthening the agency’s ability to efficiently identify illegal foreign tobacco products — including youth-appealing e-cigarettes — and conduct on-site inspections abroad.  

Domestic tobacco product manufacturers are currently required under federal law to register their establishments and list their products with the FDA. In contrast, foreign tobacco product manufacturers are not subject to these requirements unless and until the FDA mandates their registration and product listing through regulation. This proposed regulation would implement this requirement, closing this regulatory gap. With a more complete picture of the products manufactured for sale to American consumers and where they come from, the FDA can better protect public health and more efficiently identify and take action on unauthorized tobacco products such as e-cigarettes that are imported and illegally sold in the U.S.

Under the proposed rule, titled “Establishment Registration and Product Listing for Tobacco Products,” the FDA would prescribe the format, content, and procedures for establishment registration and tobacco product listing. This would include both foreign and domestic establishments that manufacture, prepare, compound, or process tobacco products.  

“All companies selling tobacco products in the United States should play by the same rules,” said Bret Koplow, Ph.D., J.D., Acting Director of the FDA’s Center for Tobacco Products. “The FDA is working hard to close the gap between domestic and foreign companies, level the playing field for American businesses, and ensure that all manufacturers are held to the same standards.”  

The FDA has existing authority to enforce against illegal tobacco products and has taken action on products manufactured abroad, including recent record-breaking seizures of unauthorized e-cigarettes. If finalized, this proposed rule would significantly expand the agency’s knowledge of tobacco products manufactured abroad for import into the U.S. and allow the agency to be more proactive.  

The proactive establishment registration, systematic inspections, and product surveillance included in this proposed regulation would give the FDA significantly more tools to identify and act against illegal foreign tobacco products. For unauthorized e-cigarettes, many of which are manufactured outside the U.S., this is a critical step forward for protecting public health.

“If finalized, this proposed rule would strengthen the FDA’s ability to enforce against illegal foreign tobacco products that may threaten the health and safety of Americans, including youth,” Dr. Koplow added. “By inspecting foreign manufacturing facilities, we can verify compliance at the source and stop illegal products before they reach American consumers.”

The rule, if finalized, would also require all manufacturers to maintain product labeling, advertising, and consumer information records for at least four years after their use. The FDA could then more easily verify compliance with labeling and advertising requirements and ensure that products are not marketed in ways that, for example, appeal to youth or make unauthorized health claims.

Additionally, this rule would require all manufacturers to provide information to uniquely identify each tobacco product, including products’ FDA-assigned Submission Tracking Number, nicotine concentration and source, characterizing flavors, package sizes and types, and product dimensions. For e-cigarettes, manufacturers would also need to provide specifications such as e-liquid volume, battery capacity, and wattage.  

To streamline and increase efficiency, in most cases manufacturers would be required to submit information electronically through the FDA’s online system, enabling them to register more quickly. They would also be required to review and update their establishment registrations annually and their product listings twice a year to ensure the agency has current information.

The proposed rule is available for public comment. Submit your comments by Sept. 14, 2026, at Regulations.gov. The agency will review all comments as part of the rulemaking process.

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