US pharma major Eli Lilly (NYSE: LLY) has provided an update on compounding litigation relating to tirzepatide, its drug for type 2 diabetes and weight loss that is marketed as Mounjaro and Zepbound.
Following a series of lawsuits that the company filed in September and October 2023, Lilly has entered into a settlement agreement requiring defendant Totality Medispa to make a monetary payment and prohibiting it from engaging in certain conduct.
"This is not a problem that Lilly can solve alone"Lilly says that its settlement will stop Totality Medispa from misleading consumers into believing that it is selling Mounjaro or Zepbound approved by the US Food and Drug Administration (FDA), that its compounded products have been the subject of clinical tests, or that its compounded medicines have been proven safe and effective to achieve certain clinical results.
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