Eli Lilly and Co

LLY: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$189.00	Qczy	Crzhhzngw

Eli Lilly: Positive Tirzepatide Data in Obstructive Sleep Apnea Reinforces Drug's Massive Potential

Damien Conover

Apr 17, 2024

We are holding our fair value estimate for Eli Lilly steady after the company reported positive tirzepatide (Mounjaro/Zepbound) data in treating obstructive sleep apnea and obesity. We had largely expected the positive results, which support our robust peak annual sales forecast for the drug at over $60 billion annually across all indications. The solid data does help reinforce the company’s wide moat.

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