CLAIM #36849 · Eli Lilly and Company (LLY) · 2024Q1 earnings call · Apr 30, 2024 · due Dec 31, 2026
“Again, that's in '25, so we can expect launch maybe a year after that, and that's an important event in the time course of the incretin class.”
David Ricks · CEO
How to check this claim
Look at: Orforglipron regulatory approval/launch date (first commercial launch)
It came true if: Company-disclosed launch occurs within calendar year 2026
Where: Company press release / 10-K / earnings call commentary on orforglipron launch timing
In context
“are dry processes we understand extremely well. I think the big gain here will be the fact that both for synthetic chemistry and capsule making and tablet making, there is already capacity on planet Earth that is significant. And so unlike the parenteral side where we've been talking about injectables, a new capacity needs to be built in which we're doing aggressively, as Anat commented on earlier. Here, there's a lot of partners we can access as well as our own substantial network for dry product finish and API production. So pretty confident here. Now will we stick the landing on exact doses and quantities in every instance? We're not guaranteeing that, but I think the picture will be quite a bit different should orforglipron prove to be safe and effective in the Phase III studies. Again, that's in '25, so we can expect launch maybe a year after that, and that's an important event in the time course of the incretin class. Operator: Next question is coming from Louise Chen from Cantor. Louise Chen: I just wanted to ask you about your next wave of obesity drug. It looks like you've got half a dozen of these in development. And where do you think you can most differentiate yourself? Joe Fletcher: Dan, do you want to comment on earlier phase obesity? Daniel Skovronsky: Yes. Thanks, Louise. We're excited about that portfolio of earlier-stage obesity molecules. I think there's a number of opportunities for improvement over even an excellent drug like tirzepatide. We think about the quality of weight loss as one aspect. So for example, even on tirzepatide, we see the ratio of lean to fat mass approved as patients lose weight on these drugs. Could we make it improve even faster with the muscle stimulating agen”
Verify independently
SEC filings for LLY ↗ · Claim quote is verbatim from the 2024Q1 earnings call.