Eli Lilly stock slides after hours as FDA decision nears for obesity pill orforglipron
Eli Lilly shares fell 3.2% to $1,017.97 in after-hours trading Monday as the company said its oral obesity drug orforglipron could launch as early as the second quarter, pending FDA approval in April. Investors weighed pricing pressure and competition, with Novo Nordisk set to cut U.S. list prices for rival drugs in 2027.