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Home » Eli Lilly builds $1.5 billion stockpile of weight-loss pill ahead of FDA decision
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Eli Lilly builds $1.5 billion stockpile of weight-loss pill ahead of FDA decision

IQ TIMES MEDIABy IQ TIMES MEDIAJuly 1, 2007No Comments1 Min Read
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Feb 12 (Reuters) – Eli Lilly had $1.5 billion worth of pre-launch inventory of its ‌experimental oral weight-loss drug, a filing showed ‌on Thursday, ahead of an expected decision by the ​U.S. Food and Drug Administration in April.

Last year, the company had said it had nearly $550 million in pre-launch inventory for the pill, orforglipron.

Lilly ‌has previously ⁠said it would have plenty of supply to launch the much-anticipated weight-loss ⁠pill in several countries nearly simultaneously if the pill wins U.S. approval.

Danish rival Novo Nordisk ​launched its ​once-daily weight-loss pill ​in the U.S. earlier ‌this month, with prescriptions hitting more than 26,000 in the second full week after launch, IQVIA data shared by an analyst showed.

Orforglipron won a fast-track review voucher from the ‌FDA that could cut review ​times to as little ​as one to ​two months, from the typical 10 ‌to 12 months for ​most new ​medicines.

Most drugmakers include such inventories, or assets, in their financial statements to show how ​much drug ‌product has been manufactured right before approval.

(Reporting ​by Sneha S K in Bengaluru; ​Editing by Sriraj Kalluvila)



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