financetom
Business
financetom
/
Business
/
Eli Lilly's Tirzepatide Injection No Longer in Shortage in US, FDA Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Eli Lilly's Tirzepatide Injection No Longer in Shortage in US, FDA Says
Oct 3, 2024 4:13 AM

06:50 AM EDT, 10/03/2024 (MT Newswires) -- Eli Lilly's ( LLY ) tirzepatide injection is no longer considered to be in short supply in the US, the US Food and Drug Administration said in a notice Wednesday.

Tirzepatide injection had been in shortage since 2022 due to higher demand, the FDA added.

The FDA said that the regulator confirmed with the drug's producer that their product availability and production capacity can match the current and estimated national demand.

"Patients and prescribers may still see intermittent localized supply disruptions as the products move through the supply chain from the manufacturer and distributors to local pharmacies," according to the regulator.

Tirzepatide is sold under the brand names Mounjaro to treat diabetes and Zepbound for weight loss treatment.

Eli Lilly ( LLY ) did not immediately respond to MT Newswires' request for comment.

Price: 887.50, Change: -3.57, Percent Change: -0.40

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
GameStop Plans $1.3 Billion Private Offering of Convertible Senior Notes
GameStop Plans $1.3 Billion Private Offering of Convertible Senior Notes
Mar 26, 2025
04:49 PM EDT, 03/26/2025 (MT Newswires) -- GameStop ( GME ) plans a private offering of $1.3 billion in convertible senior notes due 2030 to qualified institutional buyers. Initial purchasers in the offering will have a 13-day option to buy up to an additional $200 million in notes, the company said Wednesday in a statement. The notes will be general...
Tilray Up 0.3% In US After Hours On Dismissal of HEXO Shareholder Lawsuit
Tilray Up 0.3% In US After Hours On Dismissal of HEXO Shareholder Lawsuit
Mar 26, 2025
04:49 PM EDT, 03/26/2025 (MT Newswires) -- Tilray Brands ( TLRY ) and its HEXO subsidiary after trade Wednesday announced the successful dismissal of a lawsuit against them. Specifically, a statement noted, the Massachusetts Superior Court, Suffolk County, granted Tilray's and HEXO's summary judgment motion in full, dismissing claims. The court had previously ruled that the plaintiff's claims against the...
Steelcase Fiscal Q4 Adjusted EPS, Revenue Rise; Q1 Guidance Set -- Shares Up After Hours
Steelcase Fiscal Q4 Adjusted EPS, Revenue Rise; Q1 Guidance Set -- Shares Up After Hours
Mar 26, 2025
04:45 PM EDT, 03/26/2025 (MT Newswires) -- Steelcase ( SCS ) reported fiscal Q4 adjusted earnings Wednesday of $0.26 per diluted share, up from $0.23 a year earlier. Four analysts polled by FactSet expected $0.21 per diluted share. Revenue for the quarter ended Feb. 28 was $788 million, up from $775.2 million a year earlier. Four analysts surveyed by FactSet...
Microstrategy Insider Sold Shares Worth $719,441, According to a Recent SEC Filing
Microstrategy Insider Sold Shares Worth $719,441, According to a Recent SEC Filing
Mar 26, 2025
04:47 PM EDT, 03/26/2025 (MT Newswires) -- Andrew Kang, Executive Vice President & CFO, on March 24, 2025, sold 2,185 shares in Microstrategy ( MSTR ) for $719,441. Following the Form 4 filing with the SEC, Kang has control over a total of 15,215 Class A common shares of the company, with 15,215 shares held directly and 1,500 Series A...
Copyright 2023-2026 - www.financetom.com All Rights Reserved