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The FDA has approved a new Alzheimer's drug from Eli Lilly, sparking interest in investing in drug companies awaiting FDA approval. Grail's CEO Bob Ragusa predicts that their multi-cancer test will be the first FDA-approved. Meanwhile, Bluebird's stock surged after the FDA approved its gene therapy drug. These approvals highlight the significance of FDA decisions in shaping the future of the pharmaceutical industry and providing investment opportunities.

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