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LLY
CNBC
2 days

Eli Lilly's obesity pill remains a viable rival to Novo's oral Wegovy despite data that underwhelmed investors

1. LLY's weight loss pill, orforglipron, underperformed expectations in trial data. 2. Shares fell 13% after trial results but recovered 12% since then. 3. Analysts believe orforglipron remains a competitive product despite lower efficacy. 4. Cost and manufacturing efficiency may give LLY an edge over competitors. 5. Global launch planned for orforglipron next year could boost sales significantly.

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FAQ

Why Neutral?

The initial negative market reaction was followed by recovery, indicating cautious sentiment. Historically, drug performance can significantly affect stock prices based on trial outcomes.

How important is it?

The stock could be impacted significantly based on the competitive landscape and pricing strategies for obesity drugs, making this analysis critical.

Why Long Term?

LLY's success in the weight loss market hinges on orforglipron's reception after approval and pricing strategy impacting sales over time.

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