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Stock impact report

Novo's Wegovy pill to test demand from consumers with cash [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
consumer market, with plans for the first highly effective oral treatment to go straight to U.S. self-pay channels in ?early January. The pill was granted U.S. Food and Drug Administration approval on Monday, a boost for Danish drugmaker Novo as it looks ?to claw back ground lost to U.S. rival Eli Lilly. A key part of making it a success will be attracting cash-paying consumers, a stark shift from a business model where ?drug pricing is managed through health insurance plans, which has dominated for decades. Under a deal with the Trump administration in November, Novo and Lilly agreed to sell starter doses of their weight-loss pills, if approved, for $149 a month to U.S. Medicare and Medicaid patients and cash-paying customers who cannot get insurance coverage for the medications. "We have a self-pay offer from day one for U.S. patients," David Moore, Novo's executive vice president for U.S. operations, told Reuters in an ?interview ahead of the pill's approval. Novo plans t Show less Read more
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