BUZZ-Eli Lilly jumps as pill leads to 7.9% weight loss at 40 weeks

Reuters
04-17
BUZZ-Eli Lilly jumps as pill leads to 7.9% weight loss at 40 weeks

** Shares of drugmaker Eli Lilly rise 10.2% to $810.13 premarket

** Co says its oral drug orforglipron led to an average weight loss of 7.9% and lowered blood sugar for overweight patients with type 2 diabetes in a late-stage trial

** U.S.-listed shares of Lilly's obesity rival Novo Nordisk NOVOb.CO down 3.8%

** Up to last close, LLY down 4.8% YTD

(Reporting by Christy Santhosh in Bengaluru)

((Christy.Santhosh@thomsonreuters.com))

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