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Eli Lilly says obesity drug helped boost weight loss to 26%, highest seen in late-stage trials - TL;DR CNBC

Eli Lilly says obesity drug helped boost weight loss to 26%, highest seen in late-stage trials

Publishing timestamp: 2023-07-27 14:57:29


Summary

Eli Lilly's experimental drug tirzepatide helped patients achieve significant weight loss in two late-stage studies, positioning the company as a strong competitor in the weight loss drug market. The drug resulted in an average weight loss of 26% after extended use or intensive lifestyle changes, further solidifying Eli Lilly's position in the industry.


Sentiment: POSITIVE

Tickers: NOVO.B-DKLLY

Keywords: biotech and pharmaceuticalsbiotechnologybreaking newsweight managementbusiness newsbusinesspharmaceuticalsfdasciencehealth care industryobesitylilly drnelon muskclinical trialsnovo nordisk a/s

Source: https://www.cnbc.com/2023/07/27/eli-lilly-obesity-drug-results.html


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