
Shares in Eli Lilly (NYSE: LLY) shot up last Thursday after the US pharma major announced positive top-line Phase III results from ACHIEVE-1, comparing orforglipron to placebo in adults with type 2 diabetes and inadequate glycemic control with diet and exercise alone.
The impressive data confirmed orforglipron as a frontrunner in the race to introduce the first oral glucagon-like peptide-1 (GLP-1) receptor agonist to the market, with its potential as a convenient once-daily pill for obesity making it a lucrative prospect, in particular.
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