
Shares of Eli Lilly LLY.N have risen nearly 40% this year - set for the ninth successive year of gains
The world's most valuable healthcare company joined the trillion dollar club last month
U.S.-listed stock of rival Novo Nordisk NOVOb.CO in comparison has declined 40% this year, set for its second year in red
Investors are focused on the potential approval and launch of LLY's oral GLP-1 drug orforglipron for 2026
Novo's Wegovy pill and LLY's orforglipron must drive accelerated demand to justify the willingness to lower pricing not only within government's Medicare and Medicaid programs, but also in the cash pay obesity market, brokerage Guggenheim said in a note earlier this month
Despite anticipated price changes, brokerage forecasts 20% overall sales growth to $76.8 billion in 2026 for Lilly, driven primarily by diabetes drug Mounjaro and Zepbound for obesity with incremental growth coming from launch of the pill