financetom
Business
financetom
/
Business
/
Update: Market Chatter: Eli Lilly's Weight-Loss Pill May Get FDA Approval by Year-End
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Market Chatter: Eli Lilly's Weight-Loss Pill May Get FDA Approval by Year-End
Sep 16, 2025 8:14 AM

10:49 AM EDT, 09/16/2025 (MT Newswires) -- (Updates with FDA response in the fourth and fifth paragraphs.)

Eli Lilly's ( LLY ) investigational oral weight-loss drug orforglipron could be approved by the US Food and Drug Administration before the end of the year under a new one-to-two-month priority review process, Reuters reported Tuesday, citing Wall Street analysts.

Analysts see the drug as a strong candidate for the fast-track program, which aims to speed approvals for medicines that cut costs or address major health concerns, according to the report.

Goldman Sachs ( GS ) estimates an earlier launch of the drug by one quarter would bring in another $1 billion in revenue to Lilly, the report said.

"The FDA cannot speculate on future approvals or discuss any pending applications. The FDA is committed to ensuring thorough and science-based review processes for all products. Under the law, the FDA is able to provide information on approved product applications," the agency said in a statement e-mailed to MT Newswires.

The regulator said it does not generally release information on applications that have not been approved or have yet to receive an approval.

Eli Lilly ( LLY ) 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.)

Price: 755.21, Change: +7.02, Percent Change: +0.94

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 >
Loblaw misses quarterly revenue estimates
Loblaw misses quarterly revenue estimates
Jul 25, 2024
July 25 (Reuters) - Canadian retailer Loblaw Companies ( LBLCF ) missed analysts' expectations for second-quarter revenue on Thursday, hurt by weak demand for non-essential products such as cosmetics and apparel. The company's revenue was at C$13.95 billion ($10.08 billion) compared with analysts' expectations of C$14.17 billion, according to LSEG data. ($1 = 1.3840 Canadian dollars) ...
Royal Caribbean Group lifts annual profit forecast as cruise demand thrives
Royal Caribbean Group lifts annual profit forecast as cruise demand thrives
Jul 25, 2024
July 25 (Reuters) - Royal Caribbean Group raised its annual profit forecast on Thursday on the back of continued demand for cruise vacations as well as higher ticket pricing. The company forecast annual adjusted earnings per share between $11.35 and $11.45, compared with its earlier expectations of $10.70 to $10.90. ...
Toymaker Hasbro's turnaround efforts help quarterly sales, profit
Toymaker Hasbro's turnaround efforts help quarterly sales, profit
Jul 25, 2024
(Reuters) - Hasbro ( HAS ) posted a smaller-than-expected drop in second-quarter sales on Thursday as steady digital gaming demand offset a slump in toy sales, while cost-control strategies helped the toymaker beat profit expectations. Shares of the company were up 6% in premarket trading as Hasbro ( HAS ) saw margins grow in the quarter to 21.3% compared with...
Valero Energy reports lower quarterly profit on weak margins
Valero Energy reports lower quarterly profit on weak margins
Jul 25, 2024
July 25 (Reuters) - Refiner Valero Energy posted lower second-quarter profit on Thursday, hurt by a slump in margins due to a tepid summer driving season and a rise in global refining capacity. The San Antonio, Texas-based refiner reported net income of $880 million, or $2.71 per share, for the three months ended June 30, below $1.94 billion, or $5.40...
Copyright 2023-2026 - www.financetom.com All Rights Reserved