Weight-Loss Drug Demand Skyrockets: Eli Lilly Boosts Sales Forecast by $2 Billion, Shares Surge 5%
INDIANAPOLIS, INDIANA – Eli Lilly’s weight-loss drug Zepbound has seen an explosion in demand, leading the company to increase its annual sales forecast by $2 billion. This surge has also prompted the pharmaceutical company to boost its manufacturing capacity, which in turn has raised its market value above $700 billion, surpassing that of major companies like Tesla and Walmart. The significant increase in production for Zepbound and Lilly’s related diabetes drug Mounjaro is expected in …