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Lilly confirms date and conference call for third-quarter 2024 financial results announcement
Prnewswire· 2024-10-16 14:00
INDIANAPOLIS, Oct. 16, 2024 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) will announce its third-quarter 2024 financial results on Oct. 30, 2024. Lilly will also conduct a conference call that day with the investment community and media to further detail the company's financial performance.The conference call will begin at 10 a.m. Eastern time. Investors, media and the general public can access a live webcast of the conference call through a link that will be posted on Lilly's website at https://invest ...
Survey reveals 8 in 10 Americans with ulcerative colitis struggle to find a public restroom during emergencies
Prnewswire· 2024-10-16 11:30
Results from Lilly's "Urgent Conversations" survey reinforce the work by the Crohn's & Colitis Foundation of America, including the "We Can't Wait" mobile bathroom finder appINDIANAPOLIS, Oct. 16, 2024 /PRNewswire/ -- Results from the national "Urgent Conversations" survey, announced today by Eli Lilly and Company (NYSE: LLY), found that over half (60%) of the general population struggle to find a public restroom, a challenge that is even more pronounced (84%) for people with ulcerative colitis (UC).1 This ...
This Artificial Intelligence Move Is One New Reason to Buy Eli Lilly Stock in 2024
The Motley Fool· 2024-10-16 11:30
Lilly is staying ahead of the technology curve instead of falling behind.There's no playbook for how to be competitive in artificial intelligence (AI) as a big pharma company, but Eli Lilly (LLY -1.74%) is taking a shot at developing one. With the appointment of a new chief AI officer, Thomas Fuchs, on Oct. 8, it will now have someone with the purview to direct its AI strategy and implementation.For Eli Lilly, this appointment is bullish, and it's a new reason to consider buying its stock. Here's why.AI sta ...
Eli Lilly vs. Novo Nordisk: Which Weight Loss Stock is The Better Opportunity Over The Next 10 Years?
The Motley Fool· 2024-10-16 10:15
These are two of healthcare's biggest darlings right now, but one looks better positioned for the long run.Glucagon-like peptide-1 (GLP-1) agonists have taken the healthcare world by storm, emerging as mainstream treatments for patients with diabetes or obesity. Some of these medications include Novo Nordisk's (NVO -1.65%) Ozempic, Wegovy, Rybelsus, and Saxenda, and Eli Lilly's (LLY -1.74%) Mounjaro and Zepbound.Below, I'll dig into which pharmaceutical stock I think is the better buy for the long run. Whil ...
Should Eli Lilly Investors Worry About This Unexpected FDA Move?
The Motley Fool· 2024-10-16 08:15
Lilly has invested billions of dollars to ramp up production capacity.Eli Lilly (LLY -1.74%) sells treatments for a wide variety of therapeutic areas, but one portfolio in particular has driven major gains in recent times. And that's the company's weight loss drugs. Lilly sells the compound tirzepatide under two different names -- Mounjaro for type 2 diabetes and Zepbound for weight loss. But doctors have prescribed either for the weight loss indication. These drugs have become blockbusters, bringing in mor ...
Eli Lilly to trial use of weight loss drugs to combat unemployment in UK
CNBC· 2024-10-15 13:11
An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York on March 28, 2024.LONDON — U.S. pharmaceutical giant Eli Lilly is exploring whether obesity drugs could be used to curb joblessness after signing a major investment deal with the U.K.The weight-loss treatment firm and creator of Zepbound announced Monday that it would commit £279 million ($364 million) to help tackle Britain's significant health challenges — including obesity.The "strategic collaboration," agreed with the ...
Lilly reports one-year histologic outcomes in Phase 3 study of mirikizumab compared to ustekinumab for Crohn's disease
Prnewswire· 2024-10-14 10:45
Data show more patients treated with mirikizumab achieved histologic response at Week 52 compared to ustekinumabNew data are first-of-its-kind analysis of microscopic mucosal resolution that go beyond endoscopy, setting a new potential standard for the evaluation of therapeutic responseINDIANAPOLIS, Oct. 14, 2024 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) announced data demonstrating more patients with moderately to severely active Crohn's disease treated with mirikizumab achieved histologic response ...
3 No-Brainer Growth Stocks to Buy in October
The Motley Fool· 2024-10-13 11:15
These stocks look like slam-dunk picks for growth investors.October sometimes gets a bad rap from investors. Sure, several major stock market crashes have occurred during the month in the past. However, October has actually been a pretty good month for stocks historically. Three Fool.com contributors have identified what they believe are no-brainer growth stocks to buy in October. Here's why they picked Eli Lilly (LLY 2.35%), Novo Nordisk (NVO 2.14%), and Vertex Pharmaceuticals (VRTX 1.17%).A plethora of gr ...
Why Eli Lilly Stock Is Soaring—and How It Plans to Stay on Top
MarketBeat· 2024-10-13 11:01
Eli Lilly and Company TodayLLYEli Lilly and Company$932.06 +21.37 (+2.35%) 52-Week Range$547.61▼$972.53Dividend Yield0.56%P/E Ratio114.79Price Target$979.29Add to WatchlistIn a year and a half, Eli Lilly NYSE: LLY has roughly doubled in value. It is now the most valuable pharmaceutical company in the world. It took that mantle from the long-held dominance by Johnson and Johnson NYSE: JNJ back in May of 2023 and hasn’t looked back since. However, much of that increase in value has come due to multiple expans ...
Here's Why Eli Lilly (LLY) Fell More Than Broader Market
ZACKS· 2024-10-10 22:51
The latest trading session saw Eli Lilly (LLY) ending at $910.69, denoting a -0.98% adjustment from its last day's close. This move lagged the S&P 500's daily loss of 0.21%. Meanwhile, the Dow lost 0.14%, and the Nasdaq, a tech-heavy index, lost 0.05%.Shares of the drugmaker witnessed a loss of 0.12% over the previous month, beating the performance of the Medical sector with its loss of 3.28% and underperforming the S&P 500's gain of 5.94%.The upcoming earnings release of Eli Lilly will be of great interest ...