Lilly Statement On Mounjaro U.S. International Trade Commission Complaint
Portfolio Pulse from Charles Gross
Pharmaceutical company Lilly has filed a complaint with the U.S. International Trade Commission against companies importing, selling, or distributing what they claim is tirzepatide, the active ingredient in Mounjaro®. Testing revealed that at least one company was selling sugar alcohol instead. Lilly aims to prevent these companies from potentially endangering patient health.
October 19, 2023 | 8:58 pm
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POSITIVE IMPACT
Lilly's complaint to the U.S. International Trade Commission could potentially protect its product Mounjaro® from being falsely sold by other companies, thereby safeguarding its market share.
Lilly's action against companies falsely selling its product's active ingredient could prevent potential loss of sales and reputation damage. This could have a positive impact on its stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100