Research · Sep 3, 2026
Eli Lilly FY25 at $65.2B revenue (+45% — fastest-growing US mega-cap in absolute $). Mounjaro $23.0B + Zepbound $13.5B = $36.5B (56% of total) — largest single-molecule franchise in US pharma history. FCF $9.0B on $7.8B capex (manufacturing build-out). Returned $9.5B to shareholders (buybacks restarted after 2-yr pause). 10 analysts, 9 Buy + 1 HSBC Reduce ($850). April orforglipron Phase 3 at 13.8% validated oral-GLP-1 without reshuffling leadership.
Research · Jun 9, 2026
Viking Therapeutics dropped 25% on new weight-loss drug safety data. What the GLP-1 cohort spillover means for LLY, NVO, AMGN.
Research · Jun 9, 2026
Biotech M&A 2026 on track for best year since 2018. Patent cliffs (Keytruda 2028, Trulicity 2027) drive LLY/MRK/PFE acquisition urgency.
Research · Apr 28, 2026
Eli Lilly's $2.3 billion Ajax Therapeutics acquisition reveals a critical divergence in large-cap pharma M&A strategy that the market has mispriced. While Merck and Pfizer scramble to replace patent cliff revenue with expensive blockbuster acquisitions, Lilly is buying rare-disease optionality from a position of GLP-1 strength. Long LLY versus short MRK/PFE targets 8-12% relative return over six months as earnings reveal the cost of desperate dealmaking.
Research · Apr 23, 2026
Eli Lilly closes Kelonia Therapeutics acquisition, integrating gene therapies for cancer that extend growth beyond GLP-1 drugs. Shares look undervalued at 55x PE versus gene therapy peers. Long LLY to $1,050 in 12 months, breaks without Phase 1 progress by mid-2027.
Research · Apr 13, 2026
Trump policies eroding Europe's pharma lead via tariffs favor US manufacturing-heavy Eli Lilly and Amgen, with strong growth and margins, while Pfizer and Merck's global chains invite cost squeezes. J&J and AbbVie sit in the middle with diversification. Rank: Buy LLY/AMGN, sell PFE/MRK.
Research · Apr 13, 2026
Trump's proposed 100% pharma tariffs and China's biotech surge, per April 11 CNBC, threaten Europe's manufacturing edge, hiking costs for PFE (-2.8% 1M) and MRK (-5.1% 1M) while LLY's US focus drives 25% 2026 growth. Supply chain filings flag $100-200M hits; investors should fade exposed names, buy domestic leaders. Next catalysts: Earnings tariff disclosures and China trade flows.
Research · Apr 10, 2026
Options traders swarmed CNTA calls after Eli Lilly confirmed its $7.8B buyout, driving a 44% surge to $39.61 amid closing buzz. The deal slots orexin sleep assets into LLY's obesity powerhouse, backed by $65B 2025 revenue and $80B+ 2026 guide. Bullish: Synergies outweigh premium in a 25x fwd P/E beast.
Research · Apr 10, 2026
Trump's pharma import tariffs shield U.S.-focused drugmakers like Eli Lilly and Amgen from cost hikes while pressuring import-reliant Pfizer and Merck. Analysis ranks six majors by exposure, highlighting financials and guidance. Domestic winners eye margin expansion amid onshoring push.
Research · Apr 10, 2026
Eli Lilly's shares fell despite Foundayo (orforglipron) FDA approval due to geopolitical tensions, but the oral GLP-1's no-restrictions profile positions it to challenge Novo's injectable dominance. LLY's stellar growth (45% revenue surge) contrasts Novo's slowdown (-5-13% 2026 guidance), making the dip a potential entry point. Watch initial uptake and competitive filings for share shifts.
Research · Apr 10, 2026
FDA approval of Lilly's oral obesity pill Foundayo (orforglipron) intensifies rivalry with Novo's Wegovy, with Lilly's superior growth and oral convenience poised to capture needle-averse patients. NVO's guidance cuts highlight vulnerabilities, favoring LLY overweight amid 45% revenue surge vs. NVO's 6%. Key: Q1 2026 uptake and Medicare dynamics.
Research · Apr 10, 2026
CVS Health's recent settlement with the FTC over insulin pricing marks a pivotal moment in the pharmaceutical landscape. This article analyzes the potential winners and losers among pharmacies and drugmakers as regulatory scrutiny intensifies, highlighting key players like Eli Lilly, Novo Nordisk, and Walgreens Boots Alliance.
Research · Apr 9, 2026
Trump's April 2 pharma tariff announcement highlights supply chain risks for LLY, TMO, and CVS, with SEC filings exposing China reliance. Stocks dipped mildly, but domestic manufacturing offers protection amid margin pressures.
