Eli Lilly – Why the Stock Rally May Not Be Over Yet!

Goldman Sachs expects a global market for weight loss drugs to reach 114 billion USD by 2030. Pills could account for 40% of the revenue.
Andreas Zehetner
A. Zehetner
Reading Time: 2 minutes

For me, Eli Lilly (LLY) remains one of the most exciting leader stocks in the healthcare sector following the recent rally. The approval of the weight loss pill Orforglipron (Foundayo) in China on November 12 opens up a new growth opportunity. Lilly is the first provider of an approved GLP-1 weight loss tablet there. Novo Nordisk has only submitted its Wegovy pill for approval so far. This provides an additional argument for my ongoing preference for Lilly over Novo. What I find particularly interesting is the analysis from Jefferies. On November...

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