Move Over, Ozempic: Eli Lilly's Retatrutide Is The New Weight Loss Champion
Portfolio Pulse from Benzinga Newsbot
Eli Lilly (NYSE:LLY) has reported promising results for its experimental drug retatrutide, which led to 24.2% weight loss in a mid-stage trial. If successful in Phase 3 trials, it could propel Lilly ahead of competitors in the obesity treatment market.
June 27, 2023 | 5:26 am
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Eli Lilly's retatrutide shows promising weight loss results, potentially outperforming competitors in obesity treatment and boosting the company's position in the market.
Eli Lilly's retatrutide has shown promising results in a mid-stage trial, with a 24.2% weight loss. If it succeeds in Phase 3 trials, it could propel the company ahead of competitors in the obesity treatment market, potentially increasing demand for the drug and positively impacting the company's stock price.
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