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FDA approves Eli Lilly's once-weekly insulin Onswik for type 2 diabetes adults

Market News
24 Sep 2026
New York Post
View Source
Bullish
FDA approves Eli Lilly's once-weekly insulin Onswik for type 2 diabetes adults

The US FDA has approved Eli Lilly's once-weekly basal insulin, Onswik, for adults with type 2 diabetes, offering a new alternative to daily insulin injections. Onswik, used alongside diet and exercise, can reduce injection frequency by over 300 times per year compared to daily basal insulin. The approval followed successful late-stage trials with over 3,400 participants, showing Onswik's effectiveness in controlling blood sugar levels. It will be available soon in the US as a pre-filled KwikPen in two concentrations, but is not recommended for type 1 diabetes due to hypoglycemia risks.

As of Sep 25, 2026 00:31 WIB, Eli Lilly And Co (LLY) shares are trading at USD 1,186.75 on Pluang, showing a 1-day gain of 2.95%. The stock sees strong buying interest with 81% of orders on Pluang being buys. Eli Lilly's market cap stands at $1.03 trillion, reflecting its significant presence in the health sector.

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