CVS Health picks Novo’s Wegovy ahead of Lilly’s Zepbound

Two packages of 5 dosing pens each of a fictitious Semiglutin drug used for weight loss (antidiabetic medication or anti-obesity medication) on a blue transparent background. Fictitious package design

aprott

Eli Lilly (NYSE:LLY) shares dropped on Thursday after lowering its full-year outlook amid a decision by CVS Health (NYSE:CVS) to limit access to the company’s popular weight loss drug, Zepbound, in favor of Novo Nordisk’s (NVO) rival drug, Wegovy.

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