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-0.000313828710265296 -0.000313828710265296 -0.000313828710265296 0 5.06175339137017E-05 -0.00108321522575425 0.00783559424984816 -0.000809880542620033
Stock impact report

Structure's obesity pill shows up to 16.3% weight loss in study [BNN Bloomberg (Canada)]

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: BNN Bloomberg
Shares of the company were up nine per cent in premarket trade. Drug developers are racing to enter the highly competitive and booming weight-loss drug market dominated by injectable drugs like Novo's Wegovy and Eli Lilly's Zepbound. But momentum is now shifting toward oral treatments that are easier to produce and could boost adherence, especially among patients who prefer to avoid needles. Analysts previously estimated that weight loss of up to 16 per cent would make Structure's aleniglipron competitive with other pills. The company was testing 120 mg, 180 mg and 240 mg doses in the trial. The highest weight loss was seen with the 180 mg dose. The 44-week data demonstrated the ability to reach best-in-class weight loss regardless of dose, with no clear sign of plateau, said Guggenheim analyst Seamus Fernandez. At 36 weeks with a 240 mg dose, the drug had shown weight loss of up to 15.3 per cent. Analysts were also looking for limited discontinuations and lower vomitin Show less Read more
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