at roughly $243.81. Following the trade, the Charitable Trust will own 400 shares of Eli Lilly. This buy will increase Eli Lilly's weight in the portfolio from about 2.28% to 2.43%.
But what excites us most about this story is the company's pipeline. More specifically, Eli Lilly is developing two assets that CEO David Ricks has previously called "two of the most valuable projects we've ever worked on and maybe the most valuable projects in the industry right now." Back on November 18th in their coverage initiation of Eli Lilly, analysts at BMO Capital called donanemab a potential $10 billion opportunity if access hurdles can be overcome. And in an October research note from JPMorgan, the analysts estimated tirzepatide could be a $10 billion-plus opportunity in type 2 diabetes with potentially multi-billions more in obesity.
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