LLY Stock Up as FDA Removes Mounjaro, Zepbound From Shortage List
LLYLilly(LLY) ZACKS·2024-12-21 00:05

The FDA removed Eli Lilly’s (LLY) tirzepatide injection products from the drug shortage list after determining that Lilly’s supply is currently meeting or exceeding demand and will continue to do so in the future. The regulatory body concluded that the shortage of tirzepatide medicines is now resolved. The stock is gaining in the pre-market hours in response to the encouraging news. Lilly markets tirzepatide, a dual GIP and GLP-1 receptor agonist (GIP/GLP-1 RA), as Mounjaro for type II diabetes (T2D) and Ze ...