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Apr 19, 2024

Grand News Network / November 8, 2023

Weight Loss Drug Competition - FDA Approves Expanded Use Of Eli Lilly's Blockbuster Tirzepatide For Weight Loss, Undercutting Novo Nordisk's Price

The FDA has approved Eli Lilly And Co's (NYSE: LLY) Zepbound (tirzepatide) injection, the first and only obesity treatment of its kind that activates both GIP (glucose-dependent insulinotropic polypeptide) and GLP-1 (glucagon-like peptide-1) hormone receptors. 

The active ingredient in the drug, tirzepatide, has already been approved for Type 2 diabetes under the name Mounjaro since May 2022.

Mounjaro (Type 2 diabetes injection) Q3 sales reached $1.41 billion compared to $187.3 million ...

Full story available on Benzinga.com


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