Eli Lilly reports $2 billion from Mounjaro, Zepbound in Q1 2024 [Yahoo! Finance]
Eli Lilly and Company (LLY)
Last eli lilly and company earnings: 4/23 06:25 am
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Source: Yahoo! Finance
The company also raised its full-year guidance by $2 billion to $43 billion on the upper end, giving a boost to the company's stock — which was trading more than 6% higher at the start of Tuesday's session. Eli Lilly said it is also increasing access to the weight-loss drug Zepbound, reaching 67% of possible customers as of April 1. The company has met resistance as employers and insurers have refused to cover the drugs due to the spike in health expenses, but the tide appears to be turning. Lilly said it will continue to focus on getting more self-pay employers on board and increase access through pharmacy benefits managers' formularies. This could also bode well for market leader and Lilly competitor Novo Nordisk ( NVO ), which reports its first quarter earnings on Thursday. Mizuho's healthcare sector expert, Jared Holz, wrote in a note to clients Tuesday that Zepbound's status as a key driver in the company's earnings after one full quarter is proof of the strong outlook despi
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News
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- Alloy Therapeutics Announces Platform License Agreement with Lilly [Yahoo! Finance]Yahoo! Finance
LLY
Earnings
- 4/30/24 - Beat
LLY
Sec Filings
- 5/21/24 - Form 4
- 5/21/24 - Form 4
- 5/21/24 - Form 4
- LLY's page on the SEC website