Lilly Offloads Baqsimi To Amphastar While Investing In Mounjaro Head-To-Head Trial

Although Lilly said the glucagon spray’s relatively low sales were not a factor, the pharma may be prioritizing investment on its newer diabetes and weight-loss drug Mounjaro.

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Lilly divests glucagon spray product to Amphastar for $500m • Source: Shutterstock

Eli Lilly and Company sold its glucagon rescue therapy Baqsimi to generics/specialty pharma Amphastar Pharmaceuticals, Inc. for $500m up front on 24 April, just days after the Indianapolis pharma drew bigger headlines with the announcement of a head-to-head study testing Mounjaro (tirzepatide) against Novo Nordisk A/S’s Wegovy (semaglutide) in weight loss. Lilly, bullish on the efficacy profile of Mounjaro, may be looking to prioritize its investment in what is expected to be a larger revenue opportunity.

Details of the head-to-head, open-label Phase IIIb SURMOUNT-5 study testing Mounjaro, a GIP/GLP-1 agonist, versus Wegovy, a GLP-1 agonist given at 2.4mg, appeared on ClinicalTrials.gov on 21 April. The study will enroll an estimated 700 overweight or obese adults with weight-related comorbidities

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