Eli Lilly’s FDA Filing Timing for Next Weight-Loss Drug Is Official; Novo Nordisk Has a Problem
Eli Lilly’s retatrutide in a Phase 3 study produced average weight loss of up to 28.3% over 80 weeks, suggesting potential to deepen its lead in obesity drugs versus Novo Nordisk. Lilly’s quarterly results beat expectations, lifting shares after the update, while no other weight-loss medicine shown efficacy matches these results.