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Eli Lilly

Eli Lilly shares rise after positive retatrutide trial results

Eli Lilly stock climbed 1.89 percent in after-hours trading following favorable Phase 3 data for its diabetes drug retatrutide, ahead of upcoming quarterly earnings.

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  1. LLY+0.5%Eli Lilly$1,288

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Retatrutide

Eli Lilly's retatrutide beats Ozempic in new diabetes trial

Eli Lilly reported that its investigational drug retatrutide outperformed Ozempic in a Phase 3 trial for type 2 diabetes. The new drug achieved greater weight loss and A1C reduction over 80 weeks, marking its sixth positive Phase 3 result.

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