Mounjaro, Zepbound shortage is over. Here's what you need to know. [USA TODAY]
Eli Lilly and Company (LLY)
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Source: USA TODAY
On Thursday, the Food and Drug Administration said Eli Lilly's tirzepatide, sold as Zepbound for weight loss and Mounjaro to treat diabetes, is no longer in short supply The FDA allows compounding pharmacies to sell copies of drugs when the medications are on the agency's shortage list. Now that the FDA has decided tirzepatide is no longer in shortage, companies must soon stop selling copied versions of these drugs. The FDA said pharmacies have until Feb. 18 to discontinue "compounding, distributing or dispensing" tirzepatide. Suppliers that produce batches of the drug and sell to others have until March 19 to cease distribution. The FDA's decision creates "a lot of confusion for patients, and now they suddenly have to start looking for branded medications," said Dae Lee, a New Jersey attorney who represents pharmacies. The branded drugs, Zepbound and Mounjaro, are typically much more expensive, than the compounded versions. Consumers have turned to telehealth providers who
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LLY
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- 10/30/24 - Miss
LLY
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- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- LLY's page on the SEC website