Lilly shares jump as analysts see retatrutide data extending obesity market edge - BNN Bloomberg
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Article Excerpt
Eli Lilly shares rose 4 per cent on Monday, driven by compelling new data for its next-generation obesity drug, retatrutide, with analysts and investors expecting it to extend the drugmaker’s lead in the booming weight-loss market.
Lilly presented full data from two retatrutide trials, one in treatment naive type 2 diabetes patients and another in patients with obesity, at the American Diabetes Association meeting in New Orleans.
Investors were most encouraged by the performance of the lower 4 mg dose of retatrutide, which produced roughly 19 per cent weight loss, comparable to the highest d…
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