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Eli Lilly hits $1 trillion valuation driven by weight loss drug success amid market competition.

Market News
22 Jun 2026
Gordon Thompson
View Source
Bullish
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Eli Lilly has become the first healthcare company to reach a $1 trillion market valuation, fueled by strong sales of its weight loss drugs like Mounjaro and Zepbound. The company reported a 55.5% revenue increase year-over-year to $19.8 billion in the latest quarter and raised its full-year revenue forecast to $82-$85 billion. Despite this growth, pricing pressures and lower international margins, especially in China, pose challenges. Competitors like Pfizer and Novo Nordisk are aggressively investing to capture market share in the expanding obesity treatment market projected to reach $120 billion by 2035.

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