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Eli Lilly Hits $1 Trillion Valuation on GLP‑1 Weight‑Loss Boom

Investor confidence in a dominant GLP‑1 franchise, reinforced by progress on an oral pill, drove the stock to a record.

Overview

  • Shares climbed roughly 1.6%–1.7% to an all‑time high near $1,057.7, making Lilly the first drugmaker to reach a $1 trillion market cap.
  • Mounjaro and Zepbound powered about $10.09 billion in last‑quarter sales out of $17.6 billion total revenue, highlighting the franchise’s scale.
  • Lilly reports nearly 58% share of the GLP‑1 market, gaining prescriptions against Novo Nordisk’s Ozempic and Wegovy.
  • An experimental oral obesity pill showed Ozempic‑like efficacy in trials, with an FDA decision expected in early 2026 and production ramping for a potential launch.
  • Access and pricing pressures, including CVS previously favoring Wegovy over Zepbound, created setbacks even as guidance and results strengthened.