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Eli Lilly hikes guidance as obesity drug sales soar

By Josh White

Date: Thursday 08 Aug 2024

(Sharecast News) - Eli Lilly significantly raised its full-year revenue forecast by $3bn on Thursday, after reporting a strong second quarter driven by the robust performance of its blockbuster weight loss and diabetes drugs Zepbound and Mounjaro.

The Indianapolis-based pharmaceutical giant reported a 36% increase in revenue for the quarter,...

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