AstraZeneca adds to obesity drug race, but Eli Lilly remains in lead
"The incumbent almost always wins," Jim Cramer said this week.
Source: cnbc.com
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"The incumbent almost always wins," Jim Cramer said this week.
Zepbound, made by Eli Lilly, is the newest FDA-approved drug for weight loss. (It was previously a diabetes treatment known as Mounjaro.)
Operator: Ladies and gentlemen, thank you for standing by, and welcome to the Lilly Q3 2023 Earnings Call. At this time all participants are in a listen-only mode [Operator Instructions].
The case for owning Eli Lilly got stronger Thursday, as diabetes drug Mounjaro crossed $1 billion in quarterly sales for the first time.
LLY earnings call for the period ending September 30, 2023.