Popular weight loss drug is getting cheaper

Published: Aug 26, 2024 Duration: 00:02:06 Category: News & Politics

Trending searches: eli lilly stock
I'm Conway gens reporting from the New York Stock Exchange here's what we're watching on the street today the Dow squeezed out a gain to set a record closing high for the second day in a row the move was not big however with investors unwilling to make major moves ahead of nvidia's quarterly numbers the AI chip giant will release results on Wednesday and it's not alone Salesforce crowd strike and HP will report as well in other business headlines Eli Lily has launched a direct to Consumer dosage of its popular weight loss drug Zep bound and this version is about half the price now there's a 4-we supply of 2 and A5 milligram single dose vials for $399 a month and a 5 milligram dose for $549 zet bound is one of the new successful glp1 weight loss drugs on the market Lily is hoping to cut out counterfeits copycats and various telea Health Medicine companies that are providing this Blockbuster class of drugs to millions of American without health coverage in a statement Eli Lily said quote Distributing the vials via this channel ensures patients and providers can trust they are receiving genuine Lily medicine building on the company's efforts to help protect the public from the dangers posed by the proliferation of counterfeit fake unsafe or untested knockoffs of Lily's medications patients with a prescription who want to purchase de bound directly from Eli Lily will be able to do so via Lily direct which which is partnering with a thirdparty digital Pharmacy called gift Health this direct to Consumer model also opens up a new consumer base since Medicare does not cover gp1s and some Private health insurance providers don't either that however has not stopped their popularity weight loss drugs like zet bound monjaro and we GOI cost about $11,000 a month before insurance and other rebates that'll do it for your daily briefing from the New York Stock Exchange I'm Conway Gittens with the street

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