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Eli Lilly Stock Soars on Weight-Loss News. Why It’s Bad for Novo Nordisk.
Eli Lilly Stock Soars on Weight-Loss News. Why It’s Bad for Novo Nordisk. · Barrons.com

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Eli Lilly said in a news release that its orforglipron pill had passed a Phase 3 trial with “statistically significant efficacy results” and a safety profile consistent with injectable obesity drugs that already are on the market. Orforglipron is a GLP-1 receptor agonist that works similarly to medications like Novo’s Ozempic. The pill mimics the effects of the hormone glucagon-like peptide-1, which plays a role in regulating appetite and blood sugar levels.