RFK Jr. Sued By Eli Lilly, Amgen Over Drug Discount Program
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Pharmaceutical Companies' Lawsuit: Amgen, Eli Lilly, and UCB are suing HHS Secretary Robert F. Kennedy Jr. over alleged improper certifications of ineligible clinics under the 340B Drug Pricing Program, claiming it caused them significant financial losses.
Legal Proceedings and Implications: The lawsuit centers on Sagebrush Health Services, which the companies argue improperly received discounts, leading to misuse of the program; despite federal attempts to dismiss parts of the case, the court allowed it to proceed, highlighting ongoing tensions between drugmakers and regulatory bodies.
Discover Tomorrow's Bullish Stocks Today
Receive free daily stock recommendations and professional analysis to optimize your portfolio's potential.
Sign up now to unlock expert insights and stay one step ahead of the market trends.
Analyst Views on LLY
Wall Street analysts forecast LLY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LLY is 1192 USD with a low forecast of 950.00 USD and a high forecast of 1500 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
20 Analyst Rating
18 Buy
2 Hold
0 Sell
Strong Buy
Current: 1023.800
Low
950.00
Averages
1192
High
1500
Current: 1023.800
Low
950.00
Averages
1192
High
1500
About LLY
Eli Lilly and Company is a medicine company, which discovers, develops, manufactures, markets, and sells pharmaceutical products worldwide. Its cardiometabolic health products include Basaglar; Humalog, Humalog Mix 75/25, Humalog U-100, Humalog U-200, Humalog Mix 50/50, insulin lispro, and others; Humulin, Humulin 70/30, and others; Jardiance; Mounjaro; Trulicity; Zepbound; VERVE-102; VERVE-201, and VERVE-301. Its oncology products include Cyramza, Erbitux, Tyvyt, and Verzenio. Its immunology products include Ebglyss, Olumiant, Omvoh, and Taltz. Its neuroscience products include Emgality and Kisunla. The Company is also engaged in radiopharmaceutical discovery, development, and manufacturing efforts, and clinical and pre-clinical radioligand therapies in development for the treatment of cancer. It is also developing an oral small molecule inhibitor of a4b7 integrin for inflammatory bowel disease (IBD). It is evaluating its novel gene therapy candidate, ixoberogene soroparvovec.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Eli Lilly Reports Strong Q3 Growth Amid Weight Loss Drug Surge
- Significant Revenue Growth: Eli Lilly's Q3 revenue surged 54% year-over-year to $17.6 billion, showcasing strong momentum in its weight loss and diabetes drug sectors, further solidifying its market leadership.
- Earnings Per Share Surge: Q3 earnings per share skyrocketed from $1.07 in 2024 to $6.21 in 2025, reflecting a staggering 480% year-over-year increase, highlighting the transformative potential and profitability of the company's product portfolio.
- Mounjaro Sales Surge: Eli Lilly's flagship drug Mounjaro achieved sales of $15.55 billion in the first three quarters of 2025, a 94% increase, indicating robust demand and growth potential in the market.
- Optimistic Guidance: The company raised its full-year 2025 revenue guidance to $63 billion to $63.5 billion, anticipating nearly 40% annual growth, further demonstrating its competitive edge and capacity for sustained growth in the pharmaceutical industry.
Continue Reading
VentriPoint Diagnostics Accelerates Commercialization of Cardiac Imaging Technology
- Market Surge: The global AI medical imaging market is projected to reach $2.57 trillion by 2026, driving the AI drug discovery sector to $1.81 billion, indicating a robust shift towards AI-native diagnostic precision in healthcare.
- Strong Investment Demand: VentriPoint Diagnostics doubled its private placement from $500,000 to $1 million, with the capital allocated for commercialization and market expansion, marking a pivotal transition from development to revenue generation.
- Economic Value Proposition: VentriPoint is collaborating with Summit Sciences to develop ROI models that demonstrate measurable savings for hospitals through enhanced diagnostic accuracy and resource optimization, thereby strengthening its competitive position.
- Executive Appointment: The appointment of David Swetlow as CFO, with over 15 years of experience in medical technology, is expected to accelerate market adoption and revenue growth, facilitating the execution of the company's commercial strategy.
Continue Reading