Soaring sales of diabetes drug Mounjaro, widely used for weight loss, sends Eli Lilly to new heights ...Middle East

Sentinel-Tribune - News
Soaring sales of diabetes drug Mounjaro, widely used for weight loss, sends Eli Lilly to new heights
INDIANAPOLIS (AP) — Eli Lilly’s diabetes treatment Mounjaro, which is widely used for weight loss, raked in nearly $1 billion in second-quarter sales, or more than $200 million above what Wall Street had expected. Shares of the drugmaker soared 17% to an all-time-high Tuesday after Lilly said Mounjaro sales swelled more than 70% since the first quarter to $980 million. Almost all of that came from the U.S., and the company said significant demand was leading to delays in filling orders for some doses. Analysts expected the drug to bring in about $740 million during the quarter, according to FactSet. Executives said Tuesday that they expect tight supplies will lead to some spot shortages of M

Hence then, the article about soaring sales of diabetes drug mounjaro widely used for weight loss sends eli lilly to new heights was published today ( ) and is available on Sentinel-Tribune ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Soaring sales of diabetes drug Mounjaro, widely used for weight loss, sends Eli Lilly to new heights )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News