Eli Lilly’s $3B China Bet on Oral Weight-Loss Pill
Eli Lilly commits $3 billion to expand production capacity in China for orforglipron, its experimental once-daily oral GLP-1 agonist targeting obesity and type-2 diabetes. The move comes as the drugmaker awaits regulatory approval in China, having filed its marketing application in late 2025.
Bernstein maintains bullish sentiment with a $1,300 price target (30% upside from current ~$1,008), citing orforglipron's 12.4% average weight loss in trials and seamless transition potential from injectables like Zepbound. Lilly's new employer-focused LillyConnect platform further expands market access through partnerships with GoodRx and Cost Plus Drugs.