Eli Lilly and Co

🇺🇸United States
Ownership
-
Employees
43K
Market Cap
$859.4B
Website
Introduction

Eli Lilly & Co. engages in the discovery, development, manufacture, and sale of pharmaceutical products. The firm's products consist of diabetes, oncology, immunology, neuroscience, and other products and therapies. The company was founded by Eli Lilly in May 1876 and is headquartered in Indianapolis, IN.

pharmacy.biz
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Pill for type 2 diabetes may control diabetic eye disease

Boehringer Ingelheim and Eli Lilly's Jardiance may prevent worsening of diabetic eye disease in type 2 diabetes patients, per JAMA Ophthalmology. Analysis of over 80,000 patients showed Jardiance users had 22% lower risk of existing diabetic eye disease worsening compared to DPP4 inhibitor users. The study suggests Jardiance's potential benefit in managing diabetic retinopathy.

Novo Nordisk takes a hit as CagriSema underperforms in weight loss

Novo Nordisk's CagriSema, a weight loss drug, achieved 22.7% weight loss in REDEFINE 1 trial but fell short of the 25% target, causing a stock price drop. The drug combines cagrilintide and semaglutide, with potential for further exploration.
finance.yahoo.com
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Novo Nordisk Falls Most on Record After New Weight Drug Disappoints

Novo Nordisk's CagriSema obesity shot showed 20.4% weight loss over 68 weeks, falling short of the 25% target. The results align with Eli Lilly's Zepbound, while Lilly's retatrutide showed up to 24% weight loss. Novo's shares dropped 27%, erasing $120 billion in market value, while Lilly's rose 10%. Novo plans another trial to optimize doses and aims for CagriSema approval by late next year.
cnbc.com
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Novo Nordisk shares plunge 19% after disappointing trial results; Lilly jumps in premarket

Novo Nordisk's CagriSema weight loss drug missed expectations in a late-stage trial, causing a 24% stock drop. The drug helped patients reduce weight by 22.7%, below the forecasted 25%. Despite this, Novo Nordisk stated CagriSema outperformed Wegovy and was on par with best-in-class treatments. The trial involved 3,400 participants over 68 weeks, with plans for regulatory submission by 2025.
biospace.com
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Novo Nosedives on Underwhelming CagriSema Phase III Weight-Loss Data

Novo Nordisk's CagriSema showed superior weight loss in REDEFINE 1 trial, but fell short of expectations, causing stock decline. Competitors like Eli Lilly saw gains.
finance.yahoo.com
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Novo Nordisk shares plunge after CagriSema obesity drug trial disappoints

Novo Nordisk's CagriSema obesity drug trial results showed 22.7% weight loss, below the expected 25%, causing a $125 billion market value loss. The drug combines semaglutide and cagrilintide, aiming to be a successor to Wegovy. Despite the disappointment, Novo Nordisk plans a new trial and regulatory submission by 2025.

Novo Nordisk shares tank 20% after latest obesity drug disappoints

Novo Nordisk's next-gen obesity treatment CagriSema showed less weight loss than expected, causing a 20% share drop and £70B market value loss. The treatment, combining semaglutide and cagrilintide, induced 22.7% weight loss vs. 22.5% by Lilly's Mounjaro. Both firms race to develop oral drugs by 2025, aiming to improve weight loss and reduce side effects. The weight loss market is projected to grow from $24B in 2023 to over $100B by 2030.
prnewswire.com
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Innovent Receives Approval of DOVBLERON® (Taletrectinib Adipate Capsule, ROS1 ...)

Innovent Biologics announced China's NMPA approval of DOVBLERON®, a next-gen ROS1 TKI for previously treated ROS1-positive NSCLC. DOVBLERON®, Innovent's 13th commercial product, addresses unmet needs, especially for patients with brain metastases and resistance to prior ROS1 TKIs. A second NDA for DOVBLERON® was accepted for ROS1-positive NSCLC patients without prior ROS1 TKI treatment.
cnn.com
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US FDA says Lilly's weight-loss drug shortage is resolved

FDA says no shortage of Eli Lilly's weight loss and diabetes drugs, allowing compounding pharmacies to continue making cheaper copies for 60-90 days. Lilly warns against marketing unapproved versions of tirzepatide. Novo Nordisk's Wegovy still in shortage. Compounding pharmacies argue shortage persists.

Drugs like Ozempic now make up 5% of prescriptions in the US

Eli Lilly plans to test its GLP-1 drug, tirzepatide, for addiction treatment. The drug may counteract hedonistic pursuits, reducing opioid overdose risk. It also improved sleep apnea symptoms and reduced all-cause mortality, making it a candidate for life-extension research.
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