Lilly will launch its Mounjaro obesity drug in Denmark next week, the U.S. drugmaker said on Thursday, bringing competition to the home country of its biggest weight-loss rival, Danish pharmaceuticals group Novo Nordisk.
Lilly (LLY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
UK's Medicines and Healthcare products Regulatory Agency (MHRA) approved Eli Lilly's treatment for early Alzheimer's, the company said on Wednesday.
Fewer contenders means fewer constraints on expanding market share.
Eli Lilly said on Monday it sued three medical spas and online vendors for selling products claiming to contain tirzepatide, the main ingredient in its popular weight-loss medicine Zepbound, including in the form of dissolvable tablets.
Eli Lilly has triggered multiple Buy signals, including Timing, SAR, and Fundamental, with a 12-month target of ~$1,150. Technical indicators like Full Stochastic, Chaikin money flow, and ADX Demand signal show bullish trends and outperformance versus the Index. Despite strong Growth, Momentum, and Profitability scores, poor Valuation and Revision scores make LLY risky, leading to potential selling on good news.
Eli Lilly just secured a huge win, and it's not related to the weight loss industry.
Investors can buy LLY stock based on its strong overall financial performance and robust drug pipeline.
These innovative drugmakers have potential catalysts ahead.
Eli Lilly is investing billions into new research and manufacturing capabilities.
Eli Lilly's valuation could look much more modest in the future, as its earnings should continue to grow at a high rate.
Lilly is staying ahead of the technology curve instead of falling behind.