FDA To Reassess Ban On Cheaper, Compounded Versions of Eli Lilly Weight Loss Drugs
Portfolio Pulse from Vandana Singh
The FDA is reconsidering its ban on compounding pharmacies supplying cheaper versions of Eli Lilly's weight loss and diabetes drugs. This follows a complaint from compounding groups and a shortage of Eli Lilly's tirzepatide injection, branded as Mounjaro and Zepbound.
October 14, 2024 | 1:43 pm
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The FDA is reassessing its ban on compounded versions of Eli Lilly's weight loss drugs, which could impact the company's market control and pricing strategy.
The FDA's reconsideration of the ban could lead to increased competition from compounded versions of Eli Lilly's drugs, potentially affecting its pricing power and market share. This could exert downward pressure on LLY's stock price in the short term.
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