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Eli Lilly Expands Vaccine Push with Three Acquisitions, Reuters Reports
Insider Monkey69d agoneutral
Eli Lilly Expands Vaccine Push with Three Acquisitions, Reuters Reports

Eli Lilly and Company (NYSE:LLY) is included among the 10 Best Reddit Stocks to Buy According to Billionaires. On May 26, Reuters reported that Eli Lilly and Company (NYSE:LLY) plans to acquire three vaccine developers in deals worth up to $3.8 billion combined, marking a deeper push into infectious disease prevention. The US drugmaker said […]

Eli Lilly Stock on Track for Record as Insurance Coverage Expands for Zepbound
The Wall Street Journal69d agoneutral
Eli Lilly Stock on Track for Record as Insurance Coverage Expands for Zepbound

Eli Lilly shares are on pace to hit a new all-time closing high on news of increased insurance coverage for its blockbuster weight-loss drug Zepbound. Lilly shares were recently up 4.4% to $1,130.90. Pharmacy-benefit manager CVS Caremark decided to add back Lilly’s Zepbound weight-loss drug to its lists of preferred drugs.

Eli Lilly shares edge higher after CVS expands coverage for Zepbound obesity drug (LLY)
InvestorsHub70d agoneutral
Eli Lilly shares edge higher after CVS expands coverage for Zepbound obesity drug (LLY)

Eli Lilly and Company (NYSE:LLY) shares gained about 1% in premarket trading Thursday after CVS Caremark announced it would add the company’s obesity treatment Zepbound to its preferred drug formulary. Lilly said the decision means all three of the largest pharmacy benefit managers in the United States will now provide coverage for the company’s full obesity medicine portfolio.

Eli Lilly (LLY) – Among the 10 Safe Stocks to Buy for the Long Term in 2026
Insider Monkey70d agobullish
Eli Lilly (LLY) – Among the 10 Safe Stocks to Buy for the Long Term in 2026

Eli Lilly and Company (NYSE:LLY) is included among the 10 Safe Stocks to Buy for the Long Term in 2026. On May 26, BofA raised the firm’s price recommendation for Eli Lilly and Company (NYSE:LLY) to $1,251 from $1,133. It reiterated a Buy rating on the shares. The firm said it expects Lilly’s future revenue […]

Small biotech firms quicker to 'latch onto' AI than big ones, says Tencent Healthcare President
Reuters70d agoneutral
Small biotech firms quicker to 'latch onto' AI than big ones, says Tencent Healthcare President

Small biotech firms "latch onto" AI more quickly than bigger firms, the head of ‌Chinese tech giant Tencent's healthcare division said on ‌Thursday, as more businesses embrace AI to improve efficiency. Pharmaceutical companies are also increasingly ​turning to AI to accelerate research and development, betting on new modeling tools and automated labs to improve efficiency and slash costs as well as drug development timelines. Drugmakers including Novo Nordisk ‌and Eli Lilly have ⁠announced AI-related collaborations with technology firms.

CVS brings back coverage for Lilly's obesity drug Zepbound
Reuters70d agoneutral
CVS brings back coverage for Lilly's obesity drug Zepbound

May 28 () - CVS Health said on Thursday it will add Eli Lilly's weight-loss drug Zepbound back to some ‌of its drug lists as an additional preferred option ‌for insurance coverage. Caremark, CVS' pharmacy benefit management unit, had dropped Zepbound from coverage ​on July 1 last year, while continuing to reimburse for rival Novo Nordisk's Wegovy after negotiating a more favorable price from the Danish drugmaker.

Buy, Sell, or Hold Vanguard’s Mega Cap Growth ETF Right Now | MGK
24/7 Wall St.70d agoneutral
Buy, Sell, or Hold Vanguard’s Mega Cap Growth ETF Right Now | MGK

There’s a tech ETF that has been almost neck-and-neck with the S&P 500 in the past year and has built up a meaningful lead over the past five years. It’s the Vanguard’s Mega Cap Growth ETF (NYSEARCA:MGK). This ETF tracks the price of the CRSP US Mega Cap Growth Index, which in turn tracks companies ... Buy, Sell, or Hold Vanguard’s Mega Cap Growth ETF Right Now | MGK