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Eli Lilly's stock soars 54% on strong revenue growth and new drug approvals, hitting $1 trillion valuation.

Market News
09 Jun 2026
Forbes
View Source
Bullish
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Eli Lilly's stock surged 54% in nine months, driven by a 56% year-over-year revenue growth and a 47% operating margin, reflecting a fundamental revaluation rather than a simple rebound. The company’s incretin franchise, including Mounjaro and Zepbound, generated $12.8 billion in quarterly sales, fueling this growth. Recent FDA approval of Foundayo, an oral obesity drug, and acquisitions of biotech firms signal strong future prospects. The key challenge ahead is ensuring widespread availability of these innovations through effective business models.

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