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Stock impact report

Companies Cut Prices For Blockbuster Weight-Loss Drugs [Forbes]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
Company Research Source: Forbes
To get it in your inbox, subscribe here ore people may be able to afford GLP-1 weight-loss drugs following a flurry of recent announcements to cut prices and increase insurance coverage. On Monday, Eli Lilly dropped prices for single-dose vials of its blockbuster weight-loss drug Zepbound for cash-paying customers on its direct-to-consumer website, LillyDirect. Its new prices range from $299 to $449 per month, depending on dosage, down from $349 to $499. The announcement came after Lilly made a deal with the Trump Administration to cut prices of some of its most popular drugs for U.S. consumers, and after its biggest competitor Novo Nordisk rolled out discounts on cash prices for its own popular GLP-1 drugs, Ozempic and Wegovy, for diabetes and obesity. Earlier this month, the White House announced that it would expand Medicare coverage for GLP-1 medications, including for obesity–an about-face from its policy earlier this year. “It's all being driven by consumer demand,” Mich Show less Read more
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