Eli Lilly's Breakthrough Weight-Loss Drug Slated for Expedited FDA Review
Eli Lilly's experimental weight-loss pill, orforglipron, has met key FDA criteria for an expedited review, boosting its approval prospects. The company's GLP-1 pill showed a 12.4% body weight reduction in studies. Lilly also reported strong sales and raised forecasts amid increasing demand for its weight-loss drugs.
Eli Lilly's experimental weight-loss pill, orforglipron, is gaining traction for expedited review under the FDA's new priority voucher program. The Indianapolis-based firm aims for accelerated approval, given its 12.4% weight reduction results in late-stage trials.
Lilly's financial outlook improved as overseas demand for weight-loss treatments like Mounjaro surged, capturing about $6.5 billion in sales. This demand enabled Lilly to trump Wall Street's estimates, prompting a hike in their annual profit forecasts.
Despite competition from Novo Nordisk and potential policy changes under the Trump administration, Lilly continues to lead with its weight-loss solutions. Analysts credit their standout third-quarter performance to robust international sales and resilient U.S. market share.
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