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Stock impact report

Eli Lilly Stock Soars on Oral Weight-Loss Drug Trial Results [Yahoo! Finance]

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: Yahoo! Finance
Phase 3 trial results for its oral weight-loss drug that "demonstrated statistically significant efficacy results and a safety profile consistent with injectable GLP-1 medicines." The pill accomplished its goals of reducing the diabetes marker A1C and causing weight loss. The trial is the first of seven for the drug, and Eli Lilly expects to submit it for FDA approval next year. Shares of Eli Lilly ( LLY ) jumped 12% in premarket trading Thursday after the pharmaceutical company released late-stage clinical trial results for its oral weight-loss drug that "demonstrated statistically significant efficacy results and a safety profile consistent with injectable GLP-1 medicines." The first of seven Phase 3 trials for orforglipron showed it was more effective than a placebo at causing weight loss and a reduction in A1C, a long-term blood sugar metric used in evaluating diabetes treatments, Lilly said. The reductions in weight and A1C increased for patients taking higher doses of th Show less Read more
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