The race to expand the indications for GLP-1 receptor agonist drugs beyond their already blockbuster performance in diabetes and obesity continues, with new heart failure results from Eli Lilly (NYSE: LLY).
The US pharma major has released positive top-line results from the SUMMIT Phase III clinical trial evaluating the safety and efficacy of tirzepatide injection (5mg, 10mg or 15mg) in adults with heart failure with preserved ejection fraction (HFpEF) and obesity.
Having closed up almost 2% on Wednesday, Lilly’s shares gained a further 3.5% to $804.27 in pre-market activity following the announcement today.
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