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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
What Jim Cramer is watching in the market Thursday, including Apple and BoeingInvesting Club: What Jim Cramer is watching in the market Thursday, including Apple and Boeing NEW: For 25 years, a man sold dirt on the internet — most recently for $110 per bag. This summer, some Facebook groups began posting that they were cooking and bathing with it. Strong BUY! What companies besides $PFE & $MRNA will benefit from militarily enforced vaccinations? forced
Source: CNBC - 🏆 12. / 72 Read more »
What Jim Cramer is watching in the market Thursday, including Apple and BoeingInvesting Club: What Jim Cramer is watching in the market Thursday, including Apple and Boeing NEW: For 25 years, a man sold dirt on the internet — most recently for $110 per bag. This summer, some Facebook groups began posting that they were cooking and bathing with it. Strong BUY! What companies besides $PFE & $MRNA will benefit from militarily enforced vaccinations? forced
Source: CNBC - 🏆 12. / 72 Read more »
China's Didi to leave US stock market amid tech crackdown | AP NewsBEIJING (AP) — Chinese ride-hailing service Didi Global Inc. said Friday it will pull out of the New York Stock Exchange and shift its listing to Hong Kong as the ruling Communist Party tightens control over tech industries.
Source: AP - 🏆 728. / 51 Read more »