Eli Lilly shares are trading higher after the company announced topline results from the SUMMIT phase 3 clinical trial evaluating the safety and efficacy of tirzepatide injection in adults with heart failure with preserved ejection fraction and obesity.
Portfolio Pulse from Benzinga Newsdesk
Eli Lilly shares are trading higher following the announcement of positive topline results from the SUMMIT phase 3 clinical trial for tirzepatide injection in adults with heart failure with preserved ejection fraction and obesity.
August 01, 2024 | 12:15 pm
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Eli Lilly shares are trading higher after the company announced positive topline results from the SUMMIT phase 3 clinical trial for tirzepatide injection in adults with heart failure with preserved ejection fraction and obesity.
The positive results from the phase 3 clinical trial are likely to boost investor confidence in Eli Lilly's product pipeline, particularly for tirzepatide. This could lead to increased demand for the stock in the short term.
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IMPORTANCE 90
RELEVANCE 100