Wegovy Access Expands to Millions in US on Medicare, Study Finds [BNN Bloomberg (Canada)]
Eli Lilly and Company (LLY)
Last eli lilly and company earnings: 4/23 06:25 am
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Source: BNN Bloomberg
drug for some 3.6 million people, according to a new study from Kaiser Family Foundation. The US federal health insurance program for people over 65 and those with disabilities has yet to cover Wegovy, or any drug, specifically for weight loss. In March, the US government allowed Novo to market Wegovy for heart disease after a study showed it reduced the risk of heart attacks and strokes by 20%. Later that month, the government agency that runs Medicare told prescription drug plans that they could cover the anti-obesity drug for patients who have heart disease and are overweight. The KFF study, released Wednesday, is the first to illuminate exactly how many patients fit this description. The study showed some 10 million Americans on Medicare have heart disease and 13.7 million have obesity, but just 3.6 million of those people have both conditions. Investors have been trying to figure out exactly how many patients will newly qualify for Wegovy in order to ballpark Novo's sales a
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LLY
News
- Analyst unveils Amgen stock price target after weight-loss drug data [Yahoo! Finance]Yahoo! Finance
- Novo Nordisk To Slash Prices On Buzzy Drugs Ozempic and Wegovy [Yahoo! Finance]Yahoo! Finance
- 25K Americans starting Wegovy weekly as supply increases and prices drop, drugmaker says [FOX Business Network]FOX Business Network
- Here Comes Obesity Drug Competition: Amgen Shares Soar On "Very Encouraging" Clinical Trial Update [zero hedge]zero hedge
- How the CFOs of Eli Lilly and Novo Nordisk are coping with ‘unprecedented demand' for weight-loss drugs [Yahoo! Finance]Yahoo! Finance
LLY
Earnings
- 4/30/24 - Beat
LLY
Sec Filings
- 5/3/24 - Form SD
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- LLY's page on the SEC website