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0 0.00151394422310748 0.00206374501992036 0.00214526509347223 0.00275819797732141 -0.00214526509347223 -0.00729390131780569 -0.00533251608948823
Stock impact report

Lilly's obesity pill records modest second week as battle with Novo intensifies [Yahoo! Finance Canada]

IQVIA Holdings, Inc. (IQV) 
Last iqvia holdings, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.iqvia.com
The ?pill, launched earlier this month as Foundayo, was prescribed 3,707 times in the U.S. in the week ?ended April 17, IQVIA data shared by Wall Street analysts showed, up from 1,390 in its debut week. Novo's Wegovy pill, launched in January, had clocked 18,410 prescriptions in its second week and 3,071 in the first four days after launch. Analysts would have liked ?to see Foundayo's second-week prescriptions ?closer to around 8,000 "to show that its relative spread to the oral Wegovy launch was at least being maintained," said Deutsche ?Bank analyst James Shin. RBC Capital Markets analyst Trung Huynh said while comparisons close to launch "should be considered immaterial, Foundayo's uptake this week is likely to be received negatively." Lilly shares ?were trading ?nearly 4% lower, while U.S.-listed Novo shares ?were about 6% higher. Foundayo prescriptions, totaling ?just 20% of what oral Wegovy achieved during its first full week, were "modest," noted Truist analyst Srikr Show less Read more
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