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News in English (USA) / 03.10.2024 / 14:00

Eli Lilly's Weight-Loss Drugs No Longer in Shortage

The U.S. FDA has officially announced that Eli Lilly's weight-loss drugs, including Mounjaro and Zepbound, are no longer considered in shortage. This development comes as unexpected demand for Mounjaro's single-use vials had previously created supply challenges. The resolution of these supply issues has significant implications for the market, affecting stocks of companies like Hims & Hers Health, which saw a drop in shares following the FDA's announcement. The end of the shortage is expected to influence competition, particularly impacting companies looking to provide alternatives to Lilly's offerings.
Reuters, The Washington Post, MarketWatch, FDA.gov, Bloomberg, The Hill, Business Standard, Australian Journal of Pharmacy, BioSpace, GuruFocus.com