Almost Every Dose of Lilly's Zepbound Is in Shortage, FDA Says [BNN Bloomberg (Canada)]
Eli Lilly and Company (LLY)
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Source: BNN Bloomberg
Only the lowest dose of Zepbound, which patients usually use only short-term, is listed as “available,” according to a US Food and Drug Administration database. The agency had earlier said just two doses would be in limited supply through the end of April. Dozens of patients have told Bloomberg in recent weeks that they were unable to get the medication at local pharmacies or through online platforms like Amazon Pharmacy or LillyDirect. Part of the problem is producing pre-filled pens that patients use to inject the right dose of the drugs. Making the device requires some of the most complex production systems “on the planet,” Lilly's Chief Executive Officer David Ricks said in August. Read More: Zepbound Pen Shortage Has Patients Clamoring for Vials of Drug Some patients have called for Lilly to release single-dose vials of Zepbound and the diabetes drug Mounjaro to boost supply while the company works to ramp up injector production. The FDA also said shortages of almost all
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News
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- Eli Lilly and Company (NYSE: LLY) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $885.00 price target on the stock, up previously from $815.00.MarketBeat
- Eli Lilly assures investors it can overcome the high-quality problem of too much demand [CNBC]CNBC
- Eli Lilly reports $2 billion from Mounjaro, Zepbound in Q1 2024 [Yahoo! Finance]Yahoo! Finance
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