Eli Lilly Shares Surge After Promising Weight Loss Pill Results

The American pharmaceutical giant Eli Lilly is surging upwards with 14 percent in futures trading ahead of Thursday's stock market opening on Wall Street. The market gives a thumbs up after successful tests of a new weight loss pill.

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Eli Lilly Shares Surge After Promising Weight Loss Pill Results
Photo: Michael Conroy AP/TT

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The pill called orfoglipron – developed for the treatment of diabetes, overweight and other symptoms – is currently included in several studies conducted by Eli Lilly. In the study now being presented, it has been compared to the results of using the Danish competitor Novo Nordisk's Ozempic injectors.

The trials presented show that patients who used the pill for a period of time lost 7.9 percent of their body weight, while those who used Ozempic injectors lost 6 percent.

Blood sugar levels were also reduced for patients by an average of 1.3 percent, which can be compared to 2.1 percent for those who used Ozempic.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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