Mike Mason, SVP and President, Lilly Diabetes (Lilly)

Eli Lil­ly ends Q1 on a high note on the heels of pos­i­tive obe­si­ty tri­al da­ta

It was all about tirzepatide for Eli Lil­ly this morn­ing. And in the im­me­di­ate af­ter­math of a Phase III read­out, an­a­lysts want­ed to know what the phar­ma has planned next.

Lil­ly an­nounced on Thurs­day morn­ing that Q1 num­bers are in, and rev­enue grew by just un­der 15%. Much of the fo­cus, how­ev­er, was on tirzepatide, an ex­per­i­men­tal GIP and GLP-1 re­cep­tor ag­o­nist made up of a sin­gle pep­tide, for obe­si­ty. No­vo Nordisk orig­i­nal­ly chal­lenged Lil­ly last year af­ter show­ing that its di­a­betes drug We­govy, re­spon­si­ble for more than a bil­lion dol­lars in sales, was ef­fec­tive at treat­ing non-di­a­bet­ic adults with obe­si­ty.

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