Lilly rides wave of weight-loss drug demand, working to expand capacity

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Go back to Lilly rides wave of weight-loss drug demand, working to expand capacity

Eli Lilly (LLY) beats profit forecast amid soaring weight-loss drug demand

February 6, 2024 6:58 AM EST

(Updated - February 6, 2024 8:26 AM EST)

Investing.com -- Eli Lilly (NYSE: LLY) has reported fourth-quarter revenue that topped estimates thanks in large part to soaring demand for its weekly diabetes injection.

The U.S. drugmaker's treatment -- branded as Mounjaro -- is in a race with a rival version from Denmark's Novo Nordisk to... More