Lilly Cuts Outlook After Obesity Drug Sales Post First Miss

  • Company cites inventory problems at wholesalers in sales miss
  • Drugmaker cuts top of full-year sales guidance by $600 million
Lilly Lowers Forecast on Weight-Loss Disappointment
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Eli Lilly & Co. lowered guidance Wednesday on lackluster sales of its weight-loss drug, which posted a shocking first miss that raised questions about the seemingly insatiable demand for the shots.

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