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Lilly forecasts weak sales of weight-loss drug in fourth quarter
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Lilly forecasts weak sales of weight-loss drug in fourth quarter
Jan 14, 2025 6:46 AM

Jan 14 (Reuters) - Eli Lilly ( LLY ) expects sales of

popular weight-loss drug Zepbound and related diabetes treatment

Mounjaro to miss Wall Street expectations in the fourth quarter,

but forecast 2025 revenue largely above estimates.

The company said on Tuesday it expects $3.5 billion in

Mounjaro sales in the fourth quarter, and $1.9 billion for

Zepbound. Analysts had expected the drugs to bring in $5.35

billion and $2.08 billion, respectively, according to data

compiled by LSEG.

"Our previous guidance had anticipated even faster

acceleration of growth for the quarter. That, in addition to

lower-than-expected channel inventory at year-end, contributed

to our Q4 results," CEO David Ricks said.

Lilly said it expects 2025 sales between $58 billion and $61

billion. Analysts were expecting revenue of $58.52 billion.

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