Eli Lilly shares are trading higher following a report indicating the company has demanded doctors stop selling copycat weight-loss drugs.
Portfolio Pulse from Benzinga Newsdesk
Eli Lilly shares are trading higher following a report indicating the company has demanded doctors stop selling copycat weight-loss drugs.
August 14, 2024 | 4:07 pm
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Eli Lilly shares are trading higher after the company demanded that doctors stop selling copycat weight-loss drugs.
The news indicates that Eli Lilly is actively protecting its market share by demanding doctors stop selling unauthorized versions of its weight-loss drugs. This action is likely to positively impact the company's stock price in the short term as it reinforces the company's control over its product offerings.
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