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Eli Lilly gains as China approves first oral GLP-1 weight-loss pill

Eli Lilly is the first drugmaker to win Chinese approval for a GLP-1 weight-loss pill, lifting shares 2-3%.

Eli Lilly
Eli Lilly. Photo: photographer not idenfied, Public domain, via Wikimedia Commons

What we know

Market news accounts report Lilly became the first drugmaker with a GLP-1 weight-loss pill approved in China, with shares up 2% premarket. Shares later gained 3%.

What people are posting

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@FirstSquawk

“FIRST DRUGMAKER TO HAVE GLP-1 WEIGHT LOSS PILL APPROVED IN CHINA”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.