Eli Lilly's Orforglipron: A New Contender in the Obesity Medication Market

Eli Lilly announced that its experimental drug, Orforglipron, has shown significant potential in helping patients with weight-related health issues reduce body weight. According to recent trial results, participants on the highest dose lost 12.4% of their weight over 72 weeks.

This small molecule pill aims to serve as a convenient alternative to injectable medications like Wegovy. It's designed for early intervention and long-term management of obesity, able to be taken without food or water restrictions.

The weight-loss market, expected to hit $150 billion by the early 2030s, sees this oral treatment as a strong competitor. Lilly intends to file for regulatory approval within the year, underlining its hopes for Orforglipron's impact.

(With inputs from agencies.)