What end of Eli Lilly's weight-loss drug shortage means for the competition [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
The metrics used to determine the current demand is not specified by the FDA — and the drug shortages page provides an important caveat: "Even when a medication is available, patients may not always be able to immediately fill their prescription at a particular pharmacy," the FDA said on its site addressing the Mounjaro and Zepbound listing. Eli Lilly first notified the agency in August that its drugs were no longer in shortage, resulting in the initial removal of both drugs from the agency's drug shortage list . The FDA then verified through its own assessment, which prompted the notification Thursday. The move is important for two key reasons: It gives Lilly an edge over competitor Novo Nordisk ( NVO ), which still has doses in shortage, and it starts a countdown clock for compounding pharmacies to cease production of copycats of Lilly's drugs, known by their formula name tirzepatide. Novo still has some doses of its type 2 diabetes drug Ozempic and weight loss drug Wegovy on
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LLY
News
- What end of Eli Lilly's weight-loss drug shortage means for the competition [Yahoo! Finance Canada]Yahoo! Finance Canada
- Eli Lilly's Mounjaro, Zepbound removed from FDA's shortage list [Yahoo! Finance Canada]Yahoo! Finance Canada
- England's NHS Proposes Phased Rollout of Eli Lilly's Mounjaro, Considers Digital Services to Boost Access [Yahoo! Finance]Yahoo! Finance
- NHS proposes phased launch for Eli Lilly's Mounjaro [Yahoo! Finance]Yahoo! Finance
- Mounjaro, Zepbound shortage eases as supplies of weight loss drug rebound [USA TODAY]USA TODAY
LLY
Earnings
- 8/8/24 - Beat
LLY
Sec Filings
- 9/18/24 - Form 3
- 9/17/24 - Form 4
- 9/17/24 - Form 4
- LLY's page on the SEC website