Investment
Features
FeesSafety
Academy
More
Pluang+

FDA expands Eli Lilly's Mounjaro label, aiding diabetes coverage amid insurer cuts on GLP-1 weight-loss drugs.

Market News
01 Sep 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

Employer coverage for GLP-1 weight-loss drugs is declining, with many dropping these benefits by 2027. However, the FDA recently expanded the label for Eli Lilly's Mounjaro to include cardiovascular risk reduction in type 2 diabetes patients, strengthening its case for insurance coverage in diabetes management. This label does not affect obesity drug coverage but supports Lilly's argument that treating diabetes reduces costly hospital events. Despite price declines, Mounjaro's sales surged 91% in Q2, helping Lilly raise its full-year revenue forecast. The new label may protect diabetes-related reimbursements but is unlikely to reverse cuts in obesity drug coverage.

More News (LLY)

Eli Lilly to present at Morgan Stanley Global Healthcare Conference on Sept 14, 2026

Eli Lilly to present at Morgan Stanley Global Healthcare Conference on Sept 14, 2026

Eli Lilly and Company will participate in the Morgan Stanley 24th Annual Global Healthcare Conference on September 14, 2026. Ilya Yuffa, Lilly's executive vice president and president of Lilly USA and Global Customer Capabilities, will join a firesid...

Market News
Neutral
6 hours ago
OpenAI's AI-designed chip challenges Nvidia's dominance, threatening its scarcity edge in 5 years.

OpenAI's AI-designed chip challenges Nvidia's dominance, threatening its scarcity edge in 5 years.

OpenAI has developed an AI-designed chip called Jalapeno that early tests show outperforms Nvidia's best chip, Blackwell, in total cost of ownership. While Nvidia currently benefits from scarcity in the market, a macro investor predicts this advantag...

Market News
Neutral
1 day ago
Eli Lilly to acquire Merida Biosciences for up to $2.88B to boost immunology drug pipeline

Eli Lilly to acquire Merida Biosciences for up to $2.88B to boost immunology drug pipeline

Eli Lilly announced it will buy Merida Biosciences for up to $2.88 billion in cash to expand its treatments for immune-related and allergic diseases. Merida's lead drug candidate targets autoimmune disorders like Graves' disease and thyroid eye disea...

Company Fundamentals
Bearish
1 day ago
Taltz and Zepbound combo sustains superior psoriasis and arthritis improvements at 52 weeks vs Taltz alone

Taltz and Zepbound combo sustains superior psoriasis and arthritis improvements at 52 weeks vs Taltz alone

Eli Lilly's Phase 3b trials show that combining Taltz (ixekizumab) and Zepbound (tirzepatide) maintains or improves psoriasis and psoriatic arthritis outcomes at 52 weeks compared to Taltz alone in patients with obesity. The combo also sustains benef...

Company Fundamentals
Bullish
1 day ago
Employer coverage for GLP-1 weight-loss drugs drops but Eli Lilly's sales keep soaring.

Employer coverage for GLP-1 weight-loss drugs drops but Eli Lilly's sales keep soaring.

Employer insurance coverage for GLP-1 weight-loss drugs in the U.S. fell from 72% in 2025 to 60% in 2026, signaling cost concerns among employers. Despite this, Eli Lilly's revenue surged 47.7% in Q2 2026, driven by strong sales of Zepbound and Mounj...

Market News
Neutral
4 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App