Weight loss drugs are changing the game, Eli Lilly exec says — but many still can't get them [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
York, US, on Thursday, March 28, 2024. - Image: Bloomberg / Contributor (Getty Images) Obesity is a major global health crisis, especially in the United States, but newer weight-loss drugs like Eli Lilly's ( LLY ) Zepbound could offer a long-awaited solution — if they become more accessible. Worldwide, obesity rates among adults have more than doubled since 1990, with over 1 billion people — one in eight globally — classified as obese in 2022, according to the World Health Organization. In the U.S., the numbers are even starker with 40% of American adults being considered obese It's no wonder then that a newer class of highly-effective weight-loss drugs, known commonly as GLP-1 or incretin treatments have taken the country by storm. Analysts at Morgan Stanley ( MS ) project that the global market for these weight-loss drugs could reach $105 billion by 2030 . In the U.S. alone, adoption is expected to grow to 31.5 million people — approximately 9% of the population — by 2035.
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News
- The Zacks Analyst Blog Eli Lilly, J&J, AbbVie, AstraZeneca and Pfizer [Yahoo! Finance]Yahoo! Finance
- Zepbound will dominate obesity market following SURMOUNT-5 results, says analyst [Yahoo! Finance]Yahoo! Finance
- Lilly’s Obesity Drug Zepbound To Be Key 2025 Health Cost Driver [Forbes]Forbes
- Lilly's Obesity Drug Zepbound To Be Key Health Cost Driver For 2025 [Forbes]Forbes
- Eli Lilly and Company (NYSE: LLY) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
LLY
Earnings
- 10/30/24 - Miss
LLY
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- LLY's page on the SEC website