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Lilly hikes revenue forecasts on booming obesity drug sales
Yahoo Finance· 2025-10-30 11:12
Group 1 - Eli Lilly is focusing on strengthening its leadership in the GLP-1 medicine market, which is projected to exceed $100 billion in the next decade [3] - The company's stock performance has remained relatively stable over the past year, despite mixed results from Zepbound and Mounjaro, and competition from Novo Nordisk [4] - Lilly is differentiating its products by demonstrating that Zepbound may outperform Novo's Wegovy in weight loss studies and is investing in production capabilities to avoid past manufacturing issues [5] Group 2 - Tirzepatide, marketed as Zepbound and Mounjaro, became the best-selling drug globally in Q3, contributing to a significant revenue increase for Lilly [7] - Combined sales of Zepbound and Mounjaro reached $10.1 billion in Q3, a substantial rise from $4.37 billion in the same period last year [7] - Lilly has raised its full-year revenue forecast to between $63 billion and $63.5 billion, up from a previous estimate of $60 billion to $62 billion, with earnings per share expected to increase as well [7][6]
ABVC BioPharma, Inc. (ABVC) Reports 103% Asset Surge, Eyeing Phase III Trials for Depression Therapies
Yahoo Finance· 2025-09-23 23:11
Core Insights - ABVC BioPharma, Inc. is recognized as one of the best penny stocks, focusing on developing botanically derived therapeutics for various medical fields including oncology, neurology, and ophthalmology [2] Financial Performance - The company reported a significant asset increase of 103%, reaching $16.2 million in Q2, with shareholder equity rising by 18.7%, indicating strong operational momentum [3] - In July, ABVC BioPharma earned $350,000 in license revenue, which will be reflected in the third quarter of 2025 [3] Product Pipeline - ABVC's leading pipeline includes ABV-1504, a potential safer alternative to Prozac for Major Depressive Disorder (MDD), and PDC-1421, targeting psychiatric disorders with fewer side effects; both candidates have completed Phase II trials and are moving towards global Phase III trials [4][5] - The oncology pipeline features Phase II candidates such as BLI-1401 for metastatic pancreatic cancer and BLI-1301 for myelodysplastic syndromes, which are generating investor interest [5]
New startup looks to ease withdrawal symptoms from antidepressants in patients
NBC News· 2025-07-17 12:00
It's over 11% of US adults took medication for depression in 2023 and those numbers have only increased in the past 2 years. But what happens when a patient comes off anti-depressants. About 1 in six people will experience withdrawal symptoms such as nausea, dizziness, although others may have even more intense symptoms.That's where Altro, a new teaalth program comes in. They pair patients up with doctors and pharmacies to produce custom anti-depressants in tiny doses which will help ease up withdrawal of s ...