◆ NeutralLLYNVO

Eli Lilly Is Now Worth Nearly 9 Novo Nordisks. Here's How the Gap Got So Wide.

The Motley Fool·
Eli Lilly Is Now Worth Nearly 9 Novo Nordisks. Here's How the Gap Got So Wide.

Eli Lilly's market capitalization has grown to nearly 9 times that of Novo Nordisk, driven by their dominance in the GLP-1 weight loss drug market. Lilly captured 63% U.S. market share by early 2025 compared to Novo's 36%, aided by superior manufacturing infrastructure, greater weight loss efficacy of tirzepatide (20% vs. 14%), and advantages of its oral drug Foundayo. Meanwhile, Novo faced setbacks including mixed data on CagriSema and a failed heart drug trial.

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