17 November 2023, 11:31 am 1 minute
Reuters completely reported that Eli Lilly (LLY.N) will construct its first plant in Germany within the western city of Alzey for two.3 billion euros ($2.5 billion), the U.S. drugmaker mentioned on Friday, because the sector scrambles to fulfill hovering demand for brand spanking new diabetes and weight problems therapies.
As the sector scrambles to fulfill demand for brand spanking new diabetes and weight problems therapies, the funding, confirmed by Lilly on Nov 17, will contribute to assembly surging demand for weight-loss drug Mounjaro from 2027. Eli Lilly and Danish rival Novo Nordisk (NOVOb.CO) are main a race to grab an estimated $100 billion future world marketplace for anti-obesity therapies.
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