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Lilly’s Mounjaro Shows Strong Sales And Data As Firm Eyes Obesity Market

 
• By Alaric DeArment

Excluding COVID-19 antibodies, the company said revenues for the quarter increased by 10% while volume increased by 18%, and sales of Mounjaro came in stronger than analysts anticipated.

Lilly announced its first quarter 2023 earnings • Source: Shutterstock

Eli Lilly and Company’s Mounjaro (tirzepatide) stole the show in the Indianapolis-based drug maker’s first quarter earnings, showing stronger than expected sales as well as positive results in a Phase III trial that should clinch a US Food and Drug Administration approval of the drug as a weight-loss medication in adults with type 2 diabetes.

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