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0.000637631038581993 0.000313411866421662 -0.000945639252134443 -0.00141575705176706 0.000432292229547149 0.00255052415432822 0.0014265643575056 -0.00164811412514858
Stock impact report

Novo Says Weight-Loss Boom Is Just Beginning [Yahoo! Finance]

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: Yahoo! Finance
CEO Mike Doustdar says demand is far bigger than what the industry is currently serving. In the U.S. alone, tens of millions of people are living with obesity, but only a small slice of that group is actually getting treatment. Even with blockbuster drugs like Wegovy and Ozempic, and growing competition from Eli Lilly ( NYSE:LLY ), the market still looks largely untapped. Warning! GuruFocus has detected 2 Warning Sign with NVO. Is NVO fairly valued? Test your thesis with our free DCF calculator. That is starting to shift how Novo is thinking about growth. The company is preparing to cut U.S. prices in a big way, with Wegovy expected to drop about 50% and Ozempic around 33% starting next year. The idea is simple. Lower prices bring in more patients. At the same time, competition is building. Eli Lilly is pushing its own weight-loss pill, and generics are starting to show up in markets like India and China after semaglutide lost exclusivity. Show less Read more
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