Where Will Eli Lilly Be in 3 Years?
Eli Lilly (NYSE: LLY) stock has soared in the triple digits over the past three years thanks to one particular product line: its weight-loss drugs. Lilly is the maker of tirzepatide, sold under the name Mounjaro for type 2 diabetes and Zepbound for weight loss. But physicians have prescribed either for patients aiming to control their weight.
These two drugs have become blockbusters, generating billions of dollars for the company over the past couple of years. And the great news is, though these have become star drugs for Lilly, the pharma giant doesn't rely on them -- the company sells a wide range of other drugs across treatment areas, from oncology to neuroscience.
And today, a catalyst for earnings growth and stock performance may be right around the corner. Considering this, where will Lilly be in three years? Let's find out.
Source Fool.com
