• Small Bites
  • Posts
  • GLP-1s Could Be A Breakthrough Treatment For Addiction

GLP-1s Could Be A Breakthrough Treatment For Addiction

5mins read

Hey Small Biters,

The United States has an addiction crisis. Smoking kills 480,000 people a year, alcohol another 178,000, and opiate overdoses more than 100,000, up 500% since 2000. That’s over three-quarters of a million people every year, far outnumbering those killed by heart disease and cancer, before taking into account how much heart disease and cancer is caused by addiction.

In dollars spent and lives lost, addiction is the most destructive public-health issue in America. It creates a staggering financial impact on the country. A CDC and Joint Economic Committee effort estimated that the opioid epidemic alone cost nearly $1.5 trillion in 2020, and recent studies indicated a $600 billion bill for smoking and $250 billion for alcohol

Despite that, addiction-treatment options can be unappealing, ineffective, difficult to adhere to, or nonexistent. Methadone, a popular treatment for opioid-use disorder, requires getting a daily dose at a clinic. Naltrexone, prescribed for opioid- or alcohol-use disorders, means taking a pill every day or a monthly shot. Given options like these, perhaps it’s no surprise that only 3% of people with substance-abuse disorders receive any medication. There is no FDA-approved treatment for methamphetamine or cocaine-use disorder. Small clinical trials and larger studies of patients prescribed GLP-1s for other symptoms have shown promising results when it comes to addiction treatment.

  • Travelers with Apple AirTags in their checked bags can now share location data through the United Airlines app.

  • The feature is intended to help the airline's customer service team track down lost bags more quickly.

  • Apple’s new iOS 18.2 update includes a "Share Item Location" feature that allows data sharing with third parties. 

The S&P 500 fell 0.5%, the Nasdaq 100 gave back 0.7%, and the Russell 2000 small-cap index slumped 1.4% on Thursday.

More members in the S&P 500 fell than rose for the ninth consecutive session, now the longest such streak since around the time of the 9/11 terrorist attacks in 2001.

Every S&P 500 sector ETF besides consumer staples and communication services was down on the day, with consumer discretionary, health care, and energy faring the worst. The tough sledding for homebuilders continues, with the iShares US Home Construction ETFITB $114.95 (-1.27%) off 1.3% on the day.

Price action in the Magnificent 7 cohort was mixed, with Microsoft MSFT $448.05 (0.10%) and Apple AAPL $246.78 (0.59%) gaining while all other constituents declined.

Adobe ADBE $474.50 (-13.70%) was the worst-performing member of the benchmark US stock index, falling 13.7% after posting underwhelming guidance for the current quarter. On the other end of the spectrum, Warner Bros. Discovery WBD $12.20 (15.53%) skyrocketed 15.4%, its best one-day gain on record, after restructuring its businesses in a move Wall Street analysts expect is in preparation for a spin-off of some of its assets.

What Else Are We Biting

Biting Fact Of The Day

Reply

or to participate.