LLY won FDA approval for Foundayo, an oral obesity GLP-1 pill, and is targeting 'billions' in sales. The approval boosted LLY shares and positions the company to rapidly close the gap with GLP-1 rivals, altering competitive dynamics in the booming obesity drug market.
LLY won FDA approval for Foundayo, an oral obesity GLP-1 pill, and is targeting 'billions' in sales. The approval boosted LLY shares and positions the company to rapidly close the gap with GLP-1 rivals, altering competitive dynamics in the booming obesity drug market.
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extremely positive
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