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Stock impact report

Eli Lilly Obesity Pill Approval And Sleep Deal Reshape Growth Story [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
Eli Lilly (NYSE:LLY) has received U.S. FDA approval for Foundayo, the first once daily oral GLP 1 pill for obesity, and has begun rapid U.S. commercialization. The company has reached a major U.S. government pricing and access agreement that broadens GLP 1 availability for Medicare and Medicaid patients. Eli Lilly is also acquiring Centessa Pharmaceuticals in a $7.8b deal to expand into sleep disorder treatments and broader neuroscience. Eli Lilly enters this series of updates with a market profile shaped by strong multi year returns, including a 27.7% gain over the past year and a 5 year increase of 433.0%. The current share price of $935.58 follows mixed shorter term moves, with the stock up 6.5% over the past week but showing a 5.5% decline over the past month and a 13.4% decline year to date. This backdrop provides context for assessing how the new GLP 1 pill, the government access deal, and the Centessa acquisition fit into the broader NYSE:LLY story. For investors, the Show less Read more
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