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Eli Lilly Shares Up 13% After Weight Loss Pill Appears As Effective As Ozempic And Mounjaro In Trials
Shares of Eli Lilly soared Thursday morning after the pharmaceutical giant announced a clinical trial of its once-daily weight loss pill, orforglipron, demonstrated effectiveness consistent with other injectable GLP-1 weight loss drugs, such as Lilly’s Mounjaro and Novo Nordisk’s Ozempic.
Lilly touts results for once-daily weight-loss and antidiabetic pill
The results Lilly is reporting for its oral pill come as another big drug company, Pfizer, has decided to discontinue its investigational GLP-1 weight-loss pill, danuglipron, after noting liver toxicity in one of the people enrolled in its clinical trial.
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