Eli Lilly, Nordisk Shares up Pre-Bell on White House Proposal to Expand Medicaid, Medicare Coverage of Weight-Loss Drugs

MT Newswires Live

2024/11/26

Eli Lilly (LLY) and Novo Nordisk (NVO) shares were higher in Tuesday's premarket activity after the White House announced a proposal to expand Medicaid and Medicare coverage to include more anti-obesity indications for their popular weight loss and diabetes drugs.

Shares of Eli Lilly were up nearly 4% and Novo Nordisk more than 3% in pre-bell activity.

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