GLP-1 shortages are not expected to resolve this year, says EMA Director [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
However, the higher demand for these therapies has now led to multiple reports of shortages. In response to these events, the European Medicines Agency (EMA) has put forth recommendations to tackle the shortages of these GLP-1 receptor agonists like Eli Lilly's Trulicity (dulaglutide), and Novo Nordisk's Ozempic (semaglutide), Saxenda (liraglutide) and Victoza (liraglutide). Another version of semaglutide, marketed as Wegovy, and Eli Lilly's Mounjaro (tirzepatide) are approved in the EU for weight management in addition to diet and physical activity. The EMA has recommended that manufacturers and distributors avoid promotional activities for these products until the shortage persists. Cooke noted that EU member states should preserve stock, by controlling/limiting prescriptions. Broich stated that physicians should avoid prescribing GLP-1 receptor agonists for cosmetic use or in obese patients without any co-morbidities or prescribe another class of drugs. The GLP-1 shortage h
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LLY
Earnings
- 4/30/24 - Beat
LLY
Sec Filings
- 6/28/24 - Form 144
- 6/26/24 - Form 4
- 6/25/24 - Form 4
- LLY's page on the SEC website