Eli Lilly's New Investment Expected To Produce Drugs By 2028; Tirzepatide Launch In China Delayed Until Supply Improves
Portfolio Pulse from Benzinga Newsdesk
Eli Lilly's new investment is expected to produce drugs by 2028, but the launch of Tirzepatide in China is delayed until supply improves.
May 24, 2024 | 4:07 pm
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NEUTRAL IMPACT
Eli Lilly's new investment is projected to yield drug production by 2028. However, the launch of Tirzepatide in China is delayed due to supply constraints.
The new investment indicates long-term growth potential, but the delay in Tirzepatide's launch in China could impact short-term revenue expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Novo Nordisk may benefit from Eli Lilly's delay in launching Tirzepatide in China, potentially capturing more market share in the short term.
With Eli Lilly's delay, Novo Nordisk might see an opportunity to strengthen its market position in China, potentially boosting short-term revenues.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50