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CLAIM #36679 · Eli Lilly and Company (LLY) · 2022Q4 earnings call · Feb 2, 2023 · due Dec 31, 2023

We have I would say a small or moderate impact on GLP sales or just probably lower rates of abandonment than what we'd see at higher out-of-pocket costs.

Mike B Mason · President of Lilly Diabetes

PENDING
graded after results covering Dec 31, 2023 are reported

In context

considerable advantages in efficacy for glycemia and white. But I'm reminded of the stickiness of the [indiscernible] in the prior period. To what extent do you think managed market is going to preclude your ability to penetrate that segment with oral GLP-1s just on the basis of generic DPP-4s? thank you. Joe Fletcher: Thanks, Andrew for the wide-ranging question on diabetes. I'll hand over to Mike first to talk about your question regarding potential impact of the IRA on access for GLP-1. And then the second question around how oral GLP might fit in given the stickiness of some of the older diabetes medications. Mike? Mike Mason: Yes. Good questions. On the IRA side of it, it will benefit patients who live with diabetes who use GLPs and are Medicare Part D the outpace cost will go down. We have I would say a small or moderate impact on GLP sales or just probably lower rates of abandonment than what we'd see at higher out-of-pocket costs. As it comes to the oral DPP4 the perceptions of oral DPP-4 have really declined over the last five years and really being replaced by ST2s and GLP lose. So I don't see much of an impact of DPP-4s going off path in the US or other markets. Joe Fletcher: Thanks, Mike. And Lois, I think we have one final question in the queue. So let's go to the last question. Operator: Thank you. And that's from Robyn Karnauskas from Truist Securities. Please go ahead. Robyn Karnauskas: Great. Thanks for taking my question. I was just thinking more about some of the launches that are coming up but I know the maybe a little bit out. But for Mirikizumab and I always get this wrong, sorry. But for UC, can you just talk a little bit about given how much promotion there's been for [indiscernible] as you move in

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