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Eli Lilly wins first UK approval for weight-loss pill Foundayo
The approval extends Lilly's weight-loss pill competition with Novo Nordisk's Wegovy beyond the U.S.
Eli Lilly has received its first approval for its weight-loss pill Foundayo outside the United States, with the company securing authorization in the U.K., CNBC Markets reports.
The U.K. decision expands the reach of Foundayo in the broader weight-loss drug market, putting Lilly further into direct competition with Novo Nordisk's Wegovy beyond its home market.
The latest approval means the weight-loss pill battle that has already played out in the U.S. is now taking hold in another major market, according to CNBC World.