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Stock impact report

New health care policy changes will soon affect weight-loss drugs [TheStreet.com]

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: TheStreet.com
Medications that lower blood sugar levels to promote weight loss have become increasingly popular over the past few years. Typically used for treating diabetes, GLP-1s have become an increasingly mainstream option for weight loss and treating obesity. The skyrocketing demand for popular GLP-1s like Ozempic, Wegovy, and Mounjaro has created product shortages, which is particularly worrisome for patients managing their diabetes. Novo Nordisk NVO and Eli Lilly LLY manufacture the top three weight loss drugs on the market, but heightened demand is promoting innovation within the field and allowing cheaper competitor products to emerge. Don't miss the move: Subscribe to TheStreet's free daily newsletter The GLP-1s are expensive and aren't covered by insurance, forcing consumers to pay for mainstream name brands out of pocket. Contrave is a weight loss drug that is far cheaper and easier for consumers to administer. The GLP1s can cost $1,000 per month and must be administer Show less Read more
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