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Eli Lilly’s GLP-1 Dominance Fuels Bullish Sentiment Amid Strong Prescription Growth

Eli Lilly’s GLP-1 Dominance Fuels Bullish Sentiment Amid Strong Prescription Growth

Author:

Global Cryptocurrency

Published:

2026-03-06 16:07:02

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BTCCSquare news:

Eli Lilly's weight-loss and diabetes drugs Mounjaro and Zepbound continue to demonstrate robust prescription growth, with weekly totals reaching 724,500 and 598,100 respectively. Morgan Stanley maintains an Overweight rating and $1,313 price target, citing Lilly's 60% market share in the GLP-1 sector.

The pharmaceutical giant's Q4 earnings outperformed expectations, with EPS at $7.54 and revenue surging 42.6% year-over-year. This performance underscores the accelerating demand for GLP-1 therapies, with combined prescriptions for Lilly and Novo Nordisk growing approximately 30% annually.

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