Today's digest captures a peptide landscape in tension between unprecedented therapeutic promise and intensifying regulatory scrutiny. The headline story — the FDA requesting post-market liver injury and cardiovascular data from Eli Lilly just two weeks after Foundayo's fast-track approval — signals that the agency's appetite for rapid GLP-1 approvals comes with strings attached. Australia's TGA became the third major regulator (after Health Canada and the UK's MHRA) to issue formal warnings on unapproved peptides this month, suggesting a coordinated global tightening. Meanwhile, the non-GLP-1 peptide pipeline continues to deliver: Birmingham researchers showed the natural peptide PEPITEM matched infliximab for arthritis without immunosuppression, a Phase 1 peptide vaccine achieved 75% disease control in a rare liver cancer, and AI-generated antimicrobial peptides published in Nature Microbiology outperformed clinical antibiotics against superbugs. The Oral & Macrocyclic Peptides Summit opening in San Diego today underscores the field's momentum toward solving the oral delivery challenge that could unlock the next generation of peptide drugs.