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CLAIM #36657 · Eli Lilly and Company (LLY) · 2022Q4 earnings call · Feb 2, 2023 · due Dec 31, 2023

As we expand payer access, the proportion of paid scripts should continue to increase.

Anat Ashkenazi · CFO

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
the proportion of paid scripts should continue to increase
Reported
Since the $25 noncovered co-pay part program expired on June 30, we now consider all prescriptions paid.

In context

ram, by type 2 diabetes patients. We indicated at that time that these actions could negatively impact new prescription volumes, but were not expected to impact net revenue. As anticipated, we believe the new prescription volumes beginning in late November were impacted by these actions with some week-by-week volatility driven by end of year seasonality. We continue to build payer access for Mounjaro for type 2 diabetes. As of January 1st AXIS [ph] stands just over 50% for patients with type 2 diabetes across commercial and Part D. Regarding the percentage of paid scripts. For Q4 we estimate the percentage of paid script from Mounjaro to be approximately 40% with paid script defined as those prescription outside the 25 non-covered co-pay cards, but inclusive of the 25 covered co-pay card. As we expand payer access, the proportion of paid scripts should continue to increase. On slide 12, we provide an update on capital allocation. In 2022, we invested $9.6 billion to drive future growth through a combination of R&D expenditures, business development outlays and capital investment. In addition, we returned approximately $3.5 billion to shareholders in dividends and repurchased $1.5 billion in stock. Our capital allocation priorities remain unchanged and are oriented towards achieving our strategic deliverables of top-tier revenue growth and speeding life changing medicines to patients. We do this through investments in our current portfolio to drive new launches, investment in our manufacturing capacity in our future innovation through R&D and business development. And we returned capital to shareholders through dividend payments and share repurchases. Slide 1

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SEC filings for LLY · Claim quote is verbatim from the 2022Q4 earnings call.