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2026 m. liepos 1 d., trečiadienis

Are Weight Loss Drugs Also Longevity Drugs?


“Experts are intrigued by the theory. Here’s what early research suggests.

 

Two of the hottest trends in health — longevity medicine and weight loss drugs — are colliding.

 

A theory that GLP-1 medications like Ozempic or Zepbound might help people live longer has been bandied about by biohackers and aging researchers for several years. Online pharmacies already market compounded versions of the drugs to purportedly extend health span. But so far, academic research into the hypothesis has been scant.

 

One of the first studies putting the idea to the test was published last month. It showed that, among people with H.I.V. and lipohypertrophy (fatty deposits that develop under the skin), taking semaglutide (the drug in Ozempic) for eight months seemed to slow participants’ biological aging, according to blood tests that measure age-related biomarkers. People with H.I.V. experience accelerated aging because of the infection, so they are a good population in which to conduct age-related research, said Michael Corley, an associate professor of medicine at the University of California, San Diego’s Stein Institute for Research on Aging, who led the study.

 

The trial was preliminary, but it “provided us an opportunity to say, hey, is there any signal here that warrants all the hype?” Dr. Corley said.

 

That hype stems from several lines of evidence. First, there is ample research demonstrating that GLP-1s improve people’s metabolic health by helping to regulate insulin and blood sugar levels and causing weight loss. Several studies show that they also benefit cardiovascular, liver and kidney health.

 

Because the drugs offer protection for conditions like diabetes and cardiovascular disease, which are both among the leading causes of death, it could already be reasonable to call GLP-1s longevity drugs.

 

“GLP-1 agonists decrease the incidence of diseases that are related to aging and are associated with decreasing life span,” said Dr. Nicolas Musi, the director of the Diabetes and Aging Center at Cedars-Sinai in Los Angeles. “One would assume that they’re also potentially going to increase life span and be beneficial for longevity,” he added.

 

Another reason experts think these drugs might increase longevity is because of how they affect cellular health. Metabolic health and aging are intricately linked, so drugs that alter the mechanisms involved in metabolism may also affect how the body ages.

 

“Many of these pathways that are modulated by diabetes drugs are also central pathways that control aging and longevity,” Dr. Musi said. (Other drugs that treat diabetes, like metformin and a category known as SGLT2 inhibitors, are similarly being studied for longevity, though the evidence so far has been mixed.)

 

GLP-1s appear to influence other fundamental cellular changes that occur with aging, most notably inflammation. “We know they have a significant anti-inflammatory effect, and we know inflammation is one of the things that accelerates aging,” said Dr. Thomas Blackwell, a professor of general internal medicine at the University of Texas Medical Branch in Galveston.

 

All of this sounds promising, but researchers say there’s a huge caveat: Currently little to no data exists on whether the drugs will benefit people who are metabolically healthy.

 

There is not even data available about whether the medications extend life span in healthy rodents. Dr. Richard Miller, a professor of pathology at the University of Michigan, who runs a large program there testing potential anti-aging drugs in mice, said that’s mainly because of logistics. The currently available GLP-1s either don’t work in mice the same way they do in humans, or they can only be delivered via injection, and years of weekly injections in mice aren’t practical.

 

There are also concerns that GLP-1s negatively affect health in ways that are especially relevant for aging. Most notably, the drugs can cause some muscle loss, a major issue for older adults that is associated with an increased risk of frailty. Rapid weight loss can also lead to a decline in bone density and an increased risk of osteoporosis.

 

A few clinical trials that are testing GLP-1s on several biomarkers of aging, like inflammation levels and biological age clocks, as well as on functional abilities like strength and walking speed, are finally getting underway. At least one of the studies still will not be conducted on healthy older adults, though, since the participants need to meet the criteria for receiving a prescription for the weight loss medications, said Dr. Blackwell, who is leading the trial. But he added that those criteria — for example, a body mass index of 27 or greater and a related health condition, like hypertension — reflect “a whole lot of Americans.”

 

For now, experts generally don’t recommend taking the medications off label for longevity. “In patients that are otherwise healthy, at this point, I think it’s premature, because there are no data justifying it from preclinical or clinical studies,” Dr. Musi said.

 

In Dr. Blackwell’s case, the message seemed to be, do as I say, not as I do. He has been taking tirzepatide (the drug in Zepbound) for the past year with the goal of slowing aging.

 

“Do I know that that’s the right thing? I do not,” he said. “Do I recommend that for patients? I do not.”

 

“This is my own personal decision,” he added.” [1]

 

1. Are Weight Loss Drugs Also Longevity Drugs? Smith, Dana G.  New York Times (Online) New York Times Company. Jun 29, 2026.

Charges filed against Ukrainian suspected of organizing Nord Stream attack


“German federal prosecutors have filed formal charges against a Ukrainian accused of helping to organize the 2022 attacks on the Nord Stream pipelines, which previously transported Russian natural gas to Germany, his lawyers confirmed on Wednesday.

 

The German chief prosecutor’s office in Karlsruhe has not yet confirmed the contents of the indictment.

 

However, according to German media reports, federal prosecutors are accusing the suspect, who is identified only as Serhiy K. under German privacy laws, of war crimes, causing an explosion using explosives and destroying infrastructure.

 

Based on previous statements by prosecutors, investigators believe Serhiy K. coordinated the operation in the Baltic Sea.

 

The State Security Chamber of the Hamburg Hanseatic Higher Regional Court must now decide whether to accept the charges and when the trial could begin.

 

Explosions in the Baltic Sea near the Danish island of Bornholm in September 2022 severely damaged both Nord Stream gas pipelines, causing a complete disruption of gas supplies. Until the attack, the Nord Stream 1 pipeline was supplying Russian natural gas to Germany, while Nord Stream 2 had not yet been put into operation.

 

Serhiy K. was arrested in August 2025 on the basis of a European arrest warrant while on holiday with his family on the Adriatic coast of Italy. He resisted extradition to Germany for several months and at one point went on a hunger strike, alleging that he had been mistreated.”

 


Pareikšti kaltinimai ukrainiečiui, įtariamam surengus išpuolį prieš „Nord Stream“


“Vokietijos federaliniai prokurorai pateikė oficialius kaltinimus ukrainiečiui, kaltinamam padėjus organizuoti 2022 m. įvykdytus išpuolius prieš dujotiekius „Nord Stream“, kuriais anksčiau į Vokietiją buvo transportuojamos Rusijos gamtinės dujos, trečiadienį patvirtino jo advokatai.

 

Vokietijos vyriausioji Karlsrūhės prokuratūra kaltinamojo akto turinio kol kas nepatvirtino.

 

Tačiau, kaip praneša Vokietijos žiniasklaida, federaliniai prokurorai įtariamąjį, kuris pagal Vokietijos privatumo įstatymus identifikuojamas tik kaip Serhijus K, kaltina karo nusikaltimais, sprogimo sukėlimu, naudojant sprogmenis ir infrastruktūros sunaikinimu.

 

Remiantis ankstesniais prokurorų pareiškimais, tyrėjai mano, kad Serhijus K. koordinavo Baltijos jūroje įvykdytą operaciją.

 

Hamburgo Hanzos aukštesniosios instancijos apygardos teismo valstybės saugumo kolegija dabar turi nuspręsti, ar priimti kaltinimus, ir kada galėtų prasidėti teismo procesas.

 

2022 m. rugsėjį Baltijos jūroje netoli Danijai priklausančios Bornholmo salos įvykę sprogimai smarkiai apgadino abu dujotiekius „Nord Stream“, dėl to dujų tiekimas visiškai nutrūko. Iki šio išpuolio dujotiekiu „Nord Stream 1“ į Vokietiją buvo tiekiamos rusiškos gamtinės dujos, o „Nord Stream 2“ dar nebuvo pradėtas eksploatuoti.

 

Remiantis Europos arešto orderiu, Serhijus K. buvo suimtas 2025 m. rugpjūčio mėnesį, kai su šeima atostogavo Italijos Adrijos pakrantėje. Jis kelis mėnesius priešinosi ekstradicijai į Vokietiją ir vienu metu surengė bado streiką, tvirtindamas, kad su juo buvo elgiamasi netinkamai.”

 


What Zelensky told the Poles


We are not just talking about the past. The UPA killed about a hundred thousand Polish civilians, including many children, because families were large in those days. Zelensky, who glorifies these genocidal murderers, claims that: “If the opportunity arises, we will do this to you again. And now urgently accept us into the European Union, we need money to assemble exploding Chinese drones.” And you guys, keep having fun, your turn will come.

 


Ką Zelenskis pasakė lenkams

 

Kalbame ne tik apie praeitį. UPA nužudė apie šimtą tūkstančių lenkų civilių, tame tarpe daugybę vaikų, kadangi šeimos tais laikais buvo didelės. Zelenskis, garbinantis šiuos genocidiškus žudikus, teigia, kad: “Progai pasitaikius, mes ir vėl jums tai padarysime. O dabar skubiai priimkite mus į Europos Sąjungą, mums reikia pinigų, kad sprogstančius kiniškus dronus surinkinėti.” O jūs, vaikinai, žvenkite, ateis ir jūsų eilė.

 


Mieloji, aš sumažinau pinigų srautus


„Pasaulyje, kuriame gausu naujų, įmantrių biržoje prekiaujamų fondų (JAV jų buvo paleista daugiau nei 1000 vien pernai), netikėta idėja sulaukė netikėtos sėkmės.

 

Tokios įmonės kaip „Pacer ETF“ ir „Victory Capital“ pritraukė dešimtis milijardų dolerių į fondus, orientuotus į laisvo pinigų srauto pajamingumą. Tai sveikintina tendencija dabar, kai senosios mokyklos vertės investavimas, regis, prarado savo magiją.

 

Užuot bandę nusipirkti dolerį turto ar pelno už 60 centų, fondai daugiausia dėmesio skiria tam, kiek pinigų įmonės generuoja, viršydamos savo investavimo poreikius.

 

Kai kurie gerbiamiausi pasaulio investuotojai, įskaitant Warreną Buffettą, Charlie Mungerį, Terry Smithą, Billą Nygreną ir Joelį Greenblattą, labiau pabrėžė paskirstytinus pinigus nei apskaitinį pelną.

 

Fondai, orientuoti į laisvo pinigų srauto pajamingumą, veikia gerai ir yra apdovanojami įplaukomis rinkoje, kuri kitaip yra apsėsta dirbtinio intelekto. Tačiau bet kokia technika, kuri vertybinių popierių pasirinkimą supaprastina iki paprasto ekrano, neišvengiamai suklysta.

 

Vienas iš jų žlunga pakoreguoti atsižvelgiant į akcijomis pagrįstą atlyginimą, nes tai yra nepiniginis straipsnis.

 

Akcijų išleidimas vis tiek kainuoja akcininkams ir dažnai sugeria papildomus pinigus, kuriuos jie taip pat galėtų gauti. Įmonės paprastai atperka išleistas akcijas atviroje rinkoje.

 

„Jei atlygis nėra išlaidos, tai kas jis?“ – klausė Buffettas savo 2015 m. laiške akcininkams.

 

Kelių didelių technologijų bendrovių, įskaitant kai kurias, kurias galima rasti „Pacer“ ir „Victory“ portfeliuose, laisvojo pinigų srauto (FCF) pajamingumas prieš ir po to, kai jį atsižvelgiama.

 

„Atlassian“ šių metų pradžioje pasižymėjo, regis, neblogu 3,4 % pajamingumu, tačiau atėmus akcijų apdovanojimus jis buvo vos didesnis nei nulis. „Uber“ pajamingumas buvo 5,6 %, tačiau po akcijų apdovanojimų jis buvo visu procentiniu punktu mažesnis. „Amazon“ ir „Snowflake“ pajamingumas po šio koregavimo sumažėjo nuo teigiamo iki neigiamo.

 

„Visiškai beprotiška neįtraukti“ akcijomis pagrįsto atlygio į FCF skaičiavimus, sako Meb Faber, „Cambria Investment Management“ įkūrėja ir vyriausioji investicijų pareigūnė. Faber parašė knygą šia tema, „Akcininkų pajamingumas“ ir, remdamasis šia idėja, valdo gerai veikiančių ETF rinkinį.

 

Tačiau ar būtinai verta sėkmingus fondus padaryti sudėtingesnius? Mannikas Dhillonas, „Victory Capital“ ETF vadovas, teigia, kad pačios įmonės atlikti testai iš esmės nerodo jokio našumo skirtumo. Tačiau jis teigia, kad ši problema yra „jų akiratyje“.

 

Silicio slėnyje paprastai išmokami didžiausi akcijų apdovanojimai, todėl gali būti, kad beveik bet ko, kas susiję su technologijomis, stiprūs rezultatai iki šiol nusvėrė jų neigiamą poveikį.

 

ETF taip pat turi pakankamai kitų bendrovių akcijų, kad jų veiklos per daug nesumažintų saujelė, išdalinančių daug akcijų apdovanojimų.

 

Tai tikrai yra tai, ką turėtų apsvarstyti individualūs investuotojai, renkantis akcijas pagal laisvą pinigų srautą. Laimėjimo formulės gali būti paprastos, bet kartais jos yra šiek tiek per paprastos.“ [1]

 

1. Honey, I Shrank the Cash Flow. Jakab, Spencer.  Wall Street Journal, Eastern edition; New York, N.Y.. 01 July 2026: B12.

Honey, I Shrank the Cash Flow


“In a world awash with gimmicky new exchange-traded funds -- more than 1,000 launched in the U.S. just last year -- an unflashy idea has found surprising success.

 

Companies such as Pacer ETFs and Victory Capital have attracted tens of billions of dollars to funds focused on free cash flow yield. It's a welcome development now that old-school value investing seems to have lost its magic.

 

Instead of trying to buy a dollar of assets or earnings for 60 cents, the funds focus on how much cash companies generate beyond their investment needs.

 

Some of the world's most-respected investors, including Warren Buffett, Charlie Munger, Terry Smith, Bill Nygren and Joel Greenblatt have stressed distributable cash over accounting profits.

 

Funds focusing on free cash flow yield are performing well and getting rewarded with inflows in a market otherwise obsessed with artificial intelligence. But any technique that boils security selection down to a simple screen is bound to get some things wrong.

 

One is failing to adjust for share-based compensation since it's a noncash item.

 

The stock issuance still costs shareholders, and it often soaks up extra cash they could receive too. Companies usually buy back the issued stock on the open market.

 

"If compensation isn't an expense, what is it?" asked Buffett in his 2015 letter to shareholders.

 

Several large technology companies, including some that can be found in Pacer and Victory's portfolios, have very different FCF yields before and after taking it into account.

 

Atlassian sported a seemingly decent yield of 3.4% at the beginning of this year, but one barely above zero after subtracting share awards. Uber had a 5.6% yield, but that was a full percentage point lower after share awards. Amazon and Snowflake both went from positive to negative yields after that adjustment.

 

It's "totally insane not to" include share-based compensation in FCF calculations, says Meb Faber, co-founder and chief investment officer of Cambria Investment Management. Faber wrote a book on the subject, "Shareholder Yield," and runs a suite of well-performing ETFs based on the idea.

 

But is it necessarily worth adding a layer of complexity to successful funds? Mannik Dhillon, head of ETFs at Victory Capital, says the firm's own backtests show basically no difference in performance. He says the issue is "on their radar," though.

 

Silicon Valley is where the chunkiest share awards tend to be, so it's possible the strong performance of almost anything tech-related has outweighed their ill effects so far.

 

The ETFs also hold enough other companies that their performance won't be dragged down much by a handful handing out lots of share awards.

 

It's certainly something individual investors picking stocks on the basis of free cash flow should consider. Winning formulas can be simple, but occasionally they're a little too simple.” [1]

 

1. Honey, I Shrank the Cash Flow. Jakab, Spencer.  Wall Street Journal, Eastern edition; New York, N.Y.. 01 July 2026: B12.