USFDA adds Eli Lilly diabetes drug Mounjaro to list of drugs facing shortages

The company is expanding its manufacturing capacity for the two drugs through its facility in North Carolina, and doubling it by the end of 2023.

Published On 2022-12-18 08:30 GMT   |   Update On 2022-12-18 08:31 GMT

New Delhi: The U.S. health regulator has added Eli Lilly and Co's Mounjaro to its list of drugs facing shortages, highlighting the company's struggles to meet booming demand for the newly approved diabetes injection.Trulicity, another diabetes treatment in the company's stable and its biggest-selling drug, was also added to the Food and Drug Administration's shortage list on...

Login or Register to read the full article

New Delhi:  The U.S. health regulator has added Eli Lilly and Co's Mounjaro to its list of drugs facing shortages, highlighting the company's struggles to meet booming demand for the newly approved diabetes injection.

Trulicity, another diabetes treatment in the company's stable and its biggest-selling drug, was also added to the Food and Drug Administration's shortage list on Thursday.

The additions come as Lilly earlier this week flagged challenges to meet demand for the two drugs, especially as it makes six dosage forms of Mounjaro and four of Trulicity.

"We do expect to see intermittent delays at wholesalers and pharmacies in receiving some Mounjaro doses," Chief Financial Officer Anat Ashkenazi had said in a conference call with analysts on Tuesday.

The company is expanding its manufacturing capacity for the two drugs through its facility in North Carolina, and doubling it by the end of 2023.

Trulicity generated $5.5 billion this year through Sept. 30, but the company and investors have pinned their hopes on Mounjaro to drive future growth.

Read also: COVID-19 Treatment : Eli Lilly's Bebtelovimab no longer authorized by USFDA

Mounjaro was approved for diabetes in May. The company anticipates the drug, which has the common name tirzepatide, to get nod for obesity, an even bigger market, next year.

Supply problems have also plagued a rival obesity drug, Wegovy, from Novo Nordisk, although the Danish drugmaker is also working on boosting manufacturing capacity.

Read also: Eli Lilly, EVA Pharma collaborate to provide affordable insulin to diabetic patients in Africa

Tags:    
Article Source : Reuters

Disclaimer: This site is primarily intended for healthcare professionals. Any content/information on this website does not replace the advice of medical and/or health professionals and should not be construed as medical/diagnostic advice/endorsement/treatment or prescription. Use of this site is subject to our terms of use, privacy policy, advertisement policy. © 2024 Minerva Medical Treatment Pvt Ltd

Our comments section is governed by our Comments Policy . By posting comments at Medical Dialogues you automatically agree with our Comments Policy , Terms And Conditions and Privacy Policy .

Similar News