Eli Lilly and Company had a lot to discuss in its second quarter 2023 earnings, but most of the excitement was about a competitor’s announcement of positive results from a cardiovascular outcomes trial (CVOT) of a GLP-1 agonist for obesity, because of the potential those results have to drive payer coverage for Lilly’s own GLP-1/GIP agonist, Mounjaro (tirzepatide), approved for type 2 diabetes and pending approval for obesity.
The Indianapolis-based drug maker announced its second quarter results on 8 August, with Mounjaro’s rapid increase in sales to blockbuster levels since the comparable period last year playing a key role. In the second quarter, Mounjaro’s sales were $979
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