08:39 AM EDT, 07/19/2024 (MT Newswires) -- Eli Lilly's ( LLY ) Mounjaro received approval from China's National Medical Products Administration for long-term weight management, Bloomberg reported Friday, citing a company statement on Eli Lilly's ( LLY ) official WeChat account.

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

Company's shares rose 2% in Friday premarket activity.

(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.)

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