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 >
US State Dept OKs possible sale of guided missiles to Australia, Pentagon says
US State Dept OKs possible sale of guided missiles to Australia, Pentagon says
Oct 3, 2024
WASHINGTON, Sept 27 (Reuters) - The U.S. State Department has approved the possible sale of advanced anti-radiation guided missiles-extended range and related equipment to Australia for an estimated cost of $405 million, the Pentagon said on Friday. The principal contractor will be Northrop Grumman ( NOC ), the Pentagon said. ...
Chinese courier delivery firm BingEx eyes $1.21 bln valuation in US IPO
Chinese courier delivery firm BingEx eyes $1.21 bln valuation in US IPO
Oct 3, 2024
Sept 27 (Reuters) - Chinese courier delivery firm BingEx is aiming for a valuation of $1.21 billion in its U.S. listing, banking on recovering investor appetite for new stocks and easing of regulatory roadblocks. The company, which brands its services as FlashEx, is looking to sell 4 million American depositary shares (ADS) in the initial public offering, priced between $15...
US SEC charges Mango Markets with offering unregistered crypto token
US SEC charges Mango Markets with offering unregistered crypto token
Oct 3, 2024
(Reuters) - The U.S. Securities and Exchange Commission on Friday charged cryptocurrency trading platform Mango Markets with unregistered sales of its digital asset token, which the regulator identified as a security. The SEC also settled charges against Mango Labs and Blockworks Foundation for failing to register as brokers, the agency said. Jurors in federal court in Manhattan earlier this year...
Citi warns some employees about misconduct by staff, contractors, memo says
Citi warns some employees about misconduct by staff, contractors, memo says
Oct 3, 2024
NEW YORK, Sept 27 (Reuters) - Citigroup ( C/PN ) warned some employees about fraud and unethical behavior and said it is considering tighter scrutiny on work done by contractors to ensure the company is billed accurately, according to a memo seen by Reuters on Friday. Citi has struggled to fix weaknesses in its controls and risk management. It was...
Copyright 2023-2026 - www.financetom.com All Rights Reserved