Eli Lilly finds 'huge opportunity' in drug that helps people shed up to 21% of weight

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Eli Lilly finds 'huge opportunity' in drug that helps people shed up to 21% of weight
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Pharmaceutical giant says new study yielded promising results on a treatment for the 110 million Americans who are obese.

Patients taking the highest dose of the experimental drug tirzepatide lost roughly 50 pounds, or 21% of their weight, in a late-stage clinical trial, the pharmaceutical company said on Thursday. Those taking a low dose of the drug, which is injected weekly, lost about 35 pounds, or about 15% of their body weight, LillyThe 72-week trial involved 2,539 people who were obese or overweight with another medical condition.

Wall Street seemingly agreed, with shares of Lilly up $7.54, or 2.6%, to $292.63 in Thursday afternoon trading. Tirzepatide is among a new class of weight-loss drugs that appear to offer promise in a field long plagued by gimmicks and safety issues.

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