Weight-loss drugs may eventually reach only about 50% of the overweight and obese people who could benefit from them due to complexities of healthcare systems and financial constraints, Eli Lilly CEO David Ricks said at a conference on Friday.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
LLY stock slips after FDA seeks added safety data on its new oral obesity pill Foundayo, raising questions despite blockbuster sales hopes.
Eli Lilly's Q1 revenues are expected to reflect strong Mounjaro and Zepbound demand, as supply gains and global uptake offset pricing pressure.
Eli Lilly's late-stage study of the efficacy and safety of a treatment for type 2 diabetes has produced positive results.
Eli Lilly (LLY) concluded the recent trading session at $905.03, signifying a -1.89% move from its prior day's close.
Can Eli Lilly (NYSE: LLY) stock surge 2x to $2,000 in the coming years? We believe that this is indeed a genuine possibility.
Once the go-to location for global drugmakers, Europe is losing market share to aggressive U.S. trade policies and China's growth as a biotech hub. Europe's share of global R&D has been cut in half over the past 35 years, with more companies prioritizing investments in the U.S. and China.
The pharmaceutical's Foundayo drug takes on oral Wegovy, the popular treatment from Novo Nordisk.
Eli Lilly's Foundayo weight-loss pill is now available in the U.S. following the Food and Drug Administration's approval earlier this month, the company said.
In the most recent trading session, Eli Lilly (LLY) closed at $953.3, indicating a +2.39% shift from the previous trading day.
Eli Lilly (LLY) remains a Buy despite a recent 12% price decline, supported by strategic developments and valuation upside, even as it faces challenges. LLY faces near-term headwinds from Zepbound price cuts, slower revenue growth guidance, and acquisition-related earnings drag. FDA approval of orforglipron and the Centessa (CNTA) acquisition, however, expand LLY's cardio-metabolic and neuroscience portfolios respectively and enhance long-term growth prospects.