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Lilly (LLY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Top executives from drugmakers big and small told CNBC that the next phase of the obesity drug market will be defined by a broader range of treatment options and improved access for patients. CNBC spoke to executives from Eli Lilly, Novo Nordisk, Pfizer and other drugmakers at the annual JPMorgan Healthcare Conference in San Francisco.
Eli Lilly wins FDA Breakthrough Therapy status for sofetabart mipitecan in certain patients with platinum-resistant ovarian cancer.
Eli Lilly remains the dominant force in obesity drugs, with strong momentum ahead of its anticipated Q2 oral obesity drug launch. Eli Lilly's oral drug entry is expected to lower barriers for new patients and accelerate global market penetration, especially outside the U.S. Intensifying generics competition and price wars, particularly in China and other ex-U.S. markets, present key risks, but Eli Lilly's diversified pipeline underpins confidence.
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Eli Lilly stock declines after the FDA reportedly delays a decision on its obesity pill orforglipron, pushing the timeline to April and giving NVO more time.
Lilly (LLY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Eli Lilly's recent decline of 3.76% following the FDA's delay regarding its oral weight-loss pill Orforglipron signifies a strategic buying chance rather than a matter of concern. Although the stock is trading at a premium valuation, the company's outstanding operational performance, strong financial condition, and encouraging long-term predictions in the obesity treatment field validate the decision to maintain or increase positions for long-term investors.
Eli Lilly's Q4 revenues are expected to reflect strong Mounjaro and Zepbound demand, as supply gains and global uptake offset pricing pressure.
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Eli Lilly and Company (LLY) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript