financetom
Business
financetom
/
Business
/
Market Chatter: Eli Lilly Sues Medical Spas for Selling Unapproved Tirzepatide Products
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Eli Lilly Sues Medical Spas for Selling Unapproved Tirzepatide Products
Jan 13, 2025 4:56 AM

07:37 AM EST, 01/13/2025 (MT Newswires) -- Eli Lilly ( LLY ) filed lawsuits against two medical spas, Thrive Health and Wellness and Valhalla Vitality, accusing them of selling unapproved drugs claiming to contain tirzepatide, the active ingredient in its weight-loss medication Zepbound, Reuters reported Monday.

Lilly alleges that both companies are making false claims about their products' efficacy, purity, and safety, according to the report.

Thrive Health promotes its compounded drug, "MEGALean - Premium Tirzepatide Injections," as clinically tested for weight loss and blood sugar management, Reuters said, adding Valhalla Vitality similarly advertises its version of tirzepatide as safe and effective for weight loss.

The complaint against Thrive was filed in Colorado, while the case against Valhalla was lodged in the Eastern District of New York, according to Reuters.

Eli Lilly ( LLY ), Thrive Health and Wellness and Valhalla Vitality did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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 >
Dragonfly Energy Q2 Loss Narrows, Sales Rise; Shares Gain After Hours
Dragonfly Energy Q2 Loss Narrows, Sales Rise; Shares Gain After Hours
Aug 14, 2025
05:23 PM EDT, 08/14/2025 (MT Newswires) -- Dragonfly Energy Holdings ( DFLI ) reported a Q2 loss late Thursday of $0.58 per diluted share, narrowing from the loss of $2.02 a year earlier. A lone analyst polled by FactSet expected a loss of $1.29. Sales in the quarter ended June 30 rose to $16.2 million from $13.2 million a year...
Willis Lease Finance Insider Sold Shares Worth $4,650,674, According to a Recent SEC Filing
Willis Lease Finance Insider Sold Shares Worth $4,650,674, According to a Recent SEC Filing
Aug 14, 2025
05:27 PM EDT, 08/14/2025 (MT Newswires) -- Charles F Willis IV, 10% Owner, Director, Executive Chairman, on August 12, 2025, sold 30,000 shares in Willis Lease Finance ( WLFC ) for $4,650,674. Following the Form 4 filing with the SEC, Willis has control over a total of 3,105,576 common shares of the company, with 957,046 shares held directly and 2,148,530...
Enthusiast Gaming Posts Wider Loss, Lower Revenue for Second-quarter
Enthusiast Gaming Posts Wider Loss, Lower Revenue for Second-quarter
Aug 14, 2025
05:26 PM EDT, 08/14/2025 (MT Newswires) -- Enthusiast Gaming ( EGLXF ) after trade Thursday said its second-quarter loss widened and revenue fell year-over-year. The company lost $39.1 million, or $0.25 per share, in the period, compared with a loss of $3.4 million, or $0.02, a year ago. Revenue fell to $10 million from $14.7 million in the year-ago quarter....
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved