XM does not provide services to residents of the United States of America.

J.P.Morgan forecasts healthy sales for Eli Lilly's diabetes, weight-loss drugs



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>BUZZ-J.P.Morgan forecasts healthy sales for Eli Lilly's diabetes, weight-loss drugs</title></head><body>

** J.P.Morgan forecasts Q3sales of $11.8 bln for Eli LillyLLY.N and "a continued healthy ramp of U.S. GLP-1 sales as well as the international rollout of Mounjaro"

** Brokerage's estimateis below consensus but anticipates "a more significant ramp in both U.S. and international Mounjaro/Zepbound sales in Q4"

** JPM sees biggerstep-up in Mounjaro/Zepbound volumes in Q4 as U.S. capacity increases, launch of weight-loss drugZepbound vials and continued uptake of Mounjaro Kwikpens internationally

** Estimates Q3 sales of Mounjaroto be $3.5 bln, sayslaunch of the diabetes treatmentin a Kwikpen format across EU "could be a source of upside to estimates in Q3 and beyond"

** Expectsfull-year sales of $46 bln and EPS of $16.37

** Lilly scheduled to report Q3 results on Oct. 30

** "While shares trade at a significant premium to peers, we see unprecedented growth for LLY over the next decade led by the company's incretin franchise" - JPM

** Stock up 50.6% YTD



Reporting by Sneha S K

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.