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UK approval broadens Foundayo's addressable market outside the U.S., potentially adding European revenue over time. However, NICE cost-effectiveness evaluation may delay NHS uptake, creating near-term uncertainty. The development plus existing U.S. momentum provides upside optionality if pricing is favorable and uptake accelerates.
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Foundayo won UK regulatory approval, enabling Lilly to compete with Wegovy outside the U.S. The cost-effectiveness assessment by NICE will influence NHS reimbursement. With Foundayo U.S. sales at $98 million in Q2 and European uptake pending, the EU move could boost long-term growth but near-term visibility remains uncertain.
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