*
Lilly says it leads obesity drug market in UK, Spain,
Japan,
UAE, elsewhere
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Lilly using US consumer strategy globally
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Most patients paying for weight-loss drugs out-of-pocket
*
Total prescriptions for Lilly drug in US market exceed
Novo's
(Adds details from interview in paragraphs 3-8, adds bullets)
By Maggie Fick and Mrinalika Roy
VIENNA, Sept 17 (Reuters) - Eli Lilly ( LLY ) has
established itself as the market leader in obesity drugs in
Europe, Asia and the Middle East and expects to replicate its
U.S. dominance globally, the company's international president
told Reuters on Wednesday.
Patrik Jonsson said that the drugmaker is applying a
consumer-focused commercial strategy similar to its U.S.
approach, including partnerships with telehealth and digital
platforms to reach patients who are mainly paying for
weight-loss drugs out-of-pocket, from Britain to China to the
United Arab Emirates.
"We learned very rapidly from the U.S. the importance of
taking a very strong consumer focus," said Jonsson. Lilly is
using that model in markets including Australia and China, where
it has partnered with e-commerce giants Alibaba ( BABA ) and
JD.com ( JD ), he said.
Lilly launched its weight-loss drug Mounjaro this year in
Mexico, Brazil, India and China after swiftly gaining market
share in Europe despite launching many months after rival Novo
Nordisk introduced its Wegovy weight-loss injection.
Jonsson said Lilly delayed some rollouts to ensure consistent
supply, avoiding the volume-capped launches by Novo in 2023 and
2024.
"Even if many countries wanted Mounjaro earlier, we
waited until the day when we believed we could have a reliable
supply in place." While Lilly did begin with limited supply in a
few countries, Jonsson said those caps were clearly communicated
and typically lifted within months.
He said that Lilly was well-positioned to increase its
supply of Mounjaro rapidly in multiple markets because it
produces the medicine in several formats, including an
auto-injector device and a vial format.
Novo Nordisk was first to market with a highly effective
GLP-1 obesity drug in 2021, but Lilly has pulled ahead this
year, with total prescriptions for Mounjaro now surpassing
Novo's Wegovy. Surging global demand for weight-loss drugs has
strained supply chains for both Novo and Lilly.
Lilly's shares are down about 1% year-to-date, compared
to a 41% drop in Novo shares.