'Lilly Demands Doctors Stop Selling Copycat Weight-Loss Drugs; Supply Of Mounjaro, Zepbound Growing, But U.S. Shortage Exists; Drugmaker Sent Cease-And-Desist Letters To Various Providers' - Bloomberg News
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Eli Lilly & Co. has issued cease-and-desist letters to various healthcare providers, demanding they stop selling copycat versions of its weight-loss drugs, Mounjaro and Zepbound. Despite an improving supply, a shortage of these drugs persists in the U.S.
August 14, 2024 | 3:09 pm
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Eli Lilly & Co. has taken legal action against healthcare providers selling copycat versions of its weight-loss drugs, Mounjaro and Zepbound. This move aims to protect its market share as the supply of these drugs improves, although a U.S. shortage still exists.
The legal action by Eli Lilly aims to curb the sale of unauthorized versions of its drugs, which could help maintain its market share and potentially boost its stock price. The improving supply situation is also a positive indicator, although the ongoing shortage may temper immediate gains.
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