CLAIM #36911 · Eli Lilly and Company (LLY) · 2024Q3 earnings call · Oct 30, 2024 · due Mar 31, 2026
“I think we will have some new data in the first part of 2026 since both the employers are making those decisions effective one-one in the new year to come.”
Patrik Jonsson · President, Cardiometabolic Health and Lilly USA
In context
“and your thoughts on access side given that you are probably have done the negotiations at this point? Joe Fletcher: Thanks, Mohit. I'll hand over to Patrik to talk about maybe access updates and go forward. Patrik Jonsson: Yes. Maybe just a few comments on Mounjaro. Prior to moving into Zepbound, I think with Mounjaro, we have really good access and it's 93% and I think pretty much where we need to be across commercial and Medicare. In terms of Zepbound, I think we've made progress in record time here, close to 90% commercial access and we continue to see improvement in terms of employers opting. You're correct, we heard stories about some employers opting out, but the major trend is actually in favor of opting-in to the anti-obesity medications. So we are definitely north of the 50% and I think we will have some new data in the first part of 2026 since both the employers are making those decisions effective one-one in the new year to come. So I think we are very, very optimistic in that part of our business, but we're also continuing to make progress in terms of access for Medicaid. And just since we connected last time, we have gained six incremental states for Medicaid and most recently effective 10-1, we have California and Massachusetts. So big states are now covering more than 30 million lives, and we expect to continue to make progress in that space. And lastly, I would just emphasize the potential approval here of obstructive sleep apnea. The approval of obstructive sleep apnea will help us with employer opt-in because we know that outcome studies are critical to convince employers. But on top of that, it also opens up the door for access in Medicare, and with the decision that CMS announced back in April this year,”
Verify independently
SEC filings for LLY ↗ · Claim quote is verbatim from the 2024Q3 earnings call.