🏢 官网IRLLYCodex · 实盘不做把握 5/10不做原因:证据不足
北京时间·🕒 发布 08-26 18:45:00·⟳ 抓取 08-26 18:48:27·⚡ 决策 08-27 04:20:29 +9h32m·61.5 天前
礼来发布Zepbound老年肥胖人群真实世界研究,称持续用药可降低医疗成本
正面催化更偏医保覆盖论据和商业化叙事增强,缺少新增批准、覆盖扩围、价格或指引增量;在未能完成报价、内部案例库和事件研究工具校验的情况下,不满足ENTER条件。
📄 原文LLY↗ 原文
PDF Version First-of-its-kind study shows sustained Zepbound use in older adults with obesity lowers costs, reinforcing…
不做 Eli Lilly and Company(LLY.US)
事件方向正面但不是新增覆盖、审批或指引上调;对超大市值LLY短线增量难量化,且缺少真实报价、案例库与event_study校验,不做。
不做 Novo Nordisk A/S(NVO.US)
本次为礼来Zepbound研究,不能形成对诺和诺德的明确可交易方向。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
结论摘要
礼来一手发布的Zepbound真实世界研究显示55岁以上肥胖/超重人群持续用药可减少住院和急诊,并在12个月时产生319至607美元/人/月的不含药费医疗成本差额,这有助于Medicare GLP-1 Bridge和支付方谈判叙事。但Bridge项目和Zepbound覆盖资格在7月已公开启动,本次只是研究证据补强;且研究排除药费,不能直接推导净节省或收入上调。对LLY.US这类超大市值标的,短线交易需要明确预期差、可量化销量增量和真实价格校验,本次证据不足。
消息传播链
- 礼来发布Zepbound真实世界研究,称持续用药在55岁以上肥胖或超重成人中带来不含药费的医疗成本节省。
- CMS此前已启动Medicare GLP-1 Bridge,符合条件的Medicare Part D受益人可通过该项目以50美元/月获得部分GLP-1药物。
- 礼来此前已公开Zepbound KwikPen在Medicare GLP-1 Bridge下的患者访问路径和资格说明。
关键理由
- Zepbound研究提供了支付方成本抵消论据,方向上有利于礼来扩大老年肥胖人群覆盖与使用。
- 12个月医疗成本差额为319至607美元/人/月,但该口径不含Zepbound药费,尚不能直接转化为净医保节省或公司收入增量。
- Medicare GLP-1 Bridge及Zepbound覆盖资格已在2026年6月至7月公开,本次研究更像政策叙事强化而非新的商业化落地。
主要风险
- LLY基数极大且GLP-1利好预期充分,单篇真实世界研究若无覆盖扩围或指引上调,短线股价弹性可能有限。
- 未能取得真实报价、20日走势和事件研究结果,无法确认入场价、price-in风险与可执行止盈止损。
反向证据
- 做多前查反向 · 来源 web · 日期 2025 · 影响 weakens
医保GLP-1覆盖研究显示药物成本可能超过医疗成本抵消,削弱单篇不含药费成本节省研究对商业化增量的直接推导。
检索:GLP-1 Medicare obesity coverage net savings drug costs healthcare savings 原文 ↗ - 做多前查反向 · 来源 web · 日期 2026-07-01 · 影响 weakens
CMS和礼来此前已公开Bridge覆盖安排,说明本次不是覆盖资格首次落地。
检索:Eli Lilly Zepbound Medicare GLP-1 Bridge July 2026 coverage already announced 原文 ↗
先例如何影响了这次决策
对本次决策的影响:先例证据不足,降低置信度并推动最终选择AVOID。
方向:未取得可用event_study结果,不能用历史先例支持ENTER。
涨幅量级:缺少同市场、同机制、同相位的高相似先例来校准LLY短线涨幅。
形态:无法验证是否存在同类成本效果研究发布后高开低走或无反应模式。
原文全文
展开原文 · 17,749 字
PDF Version
First-of-its-kind study shows sustained Zepbound use in older adults with obesity lowers costs, reinforcing the potential value of the Medicare
GLP-1
Bridge program
Individuals treated with Zepbound had lower rates of hospital admissions and emergency department visits
INDIANAPOLIS
,
Aug. 26, 2026
/PRNewswire/ --
Eli Lilly and Company
(NYSE: LLY) today announced results from a real-world study of adults over 55 with overweight or obesity, which found that staying on Zepbound (tirzepatide) for weight management lowered healthcare costs over time relative to similar untreated adults, driven in part by fewer hospital admissions and emergency department visits. For adults over the age of 55, including patients in Medicare's
GLP-1
Bridge program, these lower costs translate into meaningful savings as early as 12 months into treatment. This is the first study of its kind in this age group, and the results were published in
Diabetes, Obesity and Metabolism
.
Key findings
1
The study estimated cost differences over time, excluding Zepbound costs,
2
using two established methods. Both approaches yielded, on average, lower monthly healthcare costs with sustained Zepbound use versus those who are untreated.
At six months, costs were up to 15% lower (up to
$181
per patient, per month).
The difference widened by 12 months, with an estimated difference of up to
$607
per patient, per month, reflecting on average up to 38% lower costs than those not treated.
3
In the primary analysis, adults older than 55 treated with Zepbound had lower rates of hospital admissions and emergency department visits across every follow-up period, and numerically higher rates of routine outpatient and office visits, consistent with greater engagement in routine care.
4
Beginning at six months, estimated healthcare cost savings nearly covered the Medicare
GLP-1
Bridge program's monthly treatment cost of
$195
per patient, per month. Starting at 12 months, estimated healthcare cost savings exceeded the cost of Zepbound treatment, suggesting that sustained treatment in an aging population may lead to meaningful cost savings.
1
"This compelling real-world evidence highlights the impact that treating obesity with Zepbound can have on older patients and the healthcare system," said
Ilya Yuffa
, executive vice president and president,
Lilly USA
and Global Customer Capabilities. "This analysis shows treatment costs can be lowered, and in some cases more than covered, by savings elsewhere in care – including for payers and in Medicare. As coverage expands across Medicare, states and employers, these data offer evidence on the cost implications of long-term obesity treatment and should help shape decisions."
About this study
Who was included in the study?
This retrospective observational cohort study utilized the Komodo's Healthcare Map, which includes de-identified claims data from over 330 million individuals enrolled in
U.S
. healthcare plans. The analysis included 15,843 adults aged above 55 (mean age 64.5 years) with obesity (BMI ≥30 kg/m²) or overweight (BMI ≥27 kg/m²) with at least one obesity-related complication, who initiated Zepbound between
November 2023
and
September 2025
. Each Zepbound user was matched 1:1 with a control who met the same eligibility criteria but did not initiate any
GLP-1
or GIP/
GLP-1
receptor agonist medication. People were matched based on their baseline demographics, clinical characteristics, obesity-related complications and healthcare utilization patterns. All participants had at least 12 months of continuous enrollment prior to beginning the study.
How was the study analyzed?
To account for the fact that not all patients remained in the study for the same length of time, researchers used two complementary analytic methods: one that directly compared costs between the matched pairs (pairwise analysis, the secondary analysis), and another that statistically reweighted the results so that patients who left the study early were still fairly represented, correcting for any differences between those who stayed on Zepbound and those who didn't (Inverse Probability of Censoring Weighting analysis, the primary analysis). Both approaches showed consistent results.
What were the results of the study?
Two analytic methods found lower monthly healthcare costs with sustained Zepbound use versus no treatment. At six months, the pairwise analysis showed a 15% lower increase in costs, a difference of
$181
per patient, per month; the IPCW analysis showed a 12% lower increase, a difference of
$145
per patient, per month. At 12 months, the pairwise analysis showed an estimated difference of
$607
per patient, per month, reflecting on average 38% lower costs; the IPCW analysis showed an estimated difference of
$319
per patient, per month, reflecting on average 25% lower costs.
How should the healthcare cost findings be interpreted?
2
Claims data do not capture Zepbound's net price, so the study excluded the cost of Zepbound from total treatment costs. As a result, the reported cost differences reflect potential savings that could offset the price of Zepbound (not the net cost impact of treatment overall).
About Zepbound (tirzepatide) injection
Zepbound (tirzepatide) is the first and only dual GIP (glucose-dependent insulinotropic polypeptide) and
GLP-1
(glucagon-like peptide-1) receptor agonist obesity medication. Zepbound tackles an underlying cause of excess weight. It reduces appetite and how much you eat. Zepbound is indicated for adults with obesity, or some adults who are overweight and also have at least one weight-related medical problem, to lose weight and keep it off. Additionally, Zepbound is FDA-approved to treat adults with moderate-to-severe obstructive sleep apnea and obesity. Zepbound should be used with a reduced calorie diet and increased physical activity.
Endnotes and references
Upadhyay N, Bonakdar A, Subedi K, Banerjee S, Behrend B, Hankosky ER. Trends in Cost of Care With Tirzepatide in Adults Aged Over 55 Years With Overweight or Obesity Without Diabetes: A Matched Cohort Analysis.
Claims data do not capture Zepbound's net price, so the study excluded the cost of Zepbound from total treatment costs. As a result, the reported cost differences reflect potential savings that could offset the price of Zepbound (not the net cost impact of treatment overall).
Estimated cost differences varied between
$319
and
$607
, depending on model.
Results were numerically lower, but not statistically significant in the secondary analysis (pairwise).
INDICATIONS AND SAFETY SUMMARY WITH WARNINGS
Zepbound
®
(ZEHP-bownd) is an injectable prescription medicine used with a reduced-calorie diet and increased physical activity to help adults with:
obesity, or some adults with overweight who also have weight-related medical problems, to lose excess body weight and keep the weight off.
moderate-to-severe obstructive sleep apnea (OSA) and obesity to improve their OSA.
Zepbound contains tirzepatide and should not be used with other tirzepatide-containing products or any
GLP-1
receptor agonist medicines. It is not known if Zepbound is safe and effective for use in children.
Warnings -
Zepbound may cause tumors in the thyroid, including thyroid cancer. Watch for possible symptoms, such as a lump or swelling in the neck, hoarseness, trouble swallowing, or shortness of breath. If you have any of these symptoms, tell your healthcare provider.
Do not use Zepbound if you or any of your family have ever had a type of thyroid cancer called medullary thyroid carcinoma (MTC).
Do not use Zepbound if you have Multiple Endocrine Neoplasia syndrome type 2 (MEN 2).
Do not use Zepbound if you have had a serious allergic reaction to tirzepatide or any of the ingredients in Zepbound.
KwikPen
®
: Do not share your KwikPen with other people, even if the pen needle has been changed.
You may give other people a serious infection or get a serious infection from them.
Zepbound may cause serious side effects, including:
Severe stomach problems.
Stomach problems, sometimes severe, have been reported in people who use Zepbound. Tell your healthcare provider if you have stomach problems that are severe or will not go away.
Dehydration leading to kidney problems.
Diarrhea, nausea, and vomiting may cause a loss of fluids (dehydration), which may cause kidney problems. It is important for you to drink fluids to help reduce your chance of dehydration. Tell your healthcare provider right away if you have nausea, vomiting, or diarrhea that does not go away.
Gallbladder problems.
Gallbladder problems have happened in some people who use Zepbound. Tell your healthcare provider right away if you get symptoms of gallbladder problems, which may include pain in your upper stomach (abdomen), fever, yellowing of skin or eyes (jaundice), or clay-colored stools.
Inflammation of the pancreas (pancreatitis).
Stop using Zepbound and call your healthcare provider right away if you have severe pain in your stomach area (abdomen) that will not go away, with or without nausea or vomiting. You may feel the pain from your abdomen to your back.
Serious allergic reactions.
Stop using Zepbound and get medical help right away if you have any symptoms of a serious allergic reaction, including swelling of your face, lips, tongue or throat, problems breathing or swallowing, severe rash or itching, fainting or feeling dizzy, or very rapid heartbeat.
Low blood sugar (hypoglycemia).
Your risk for getting low blood sugar may be higher if you use Zepbound with medicines that can cause low blood sugar, such as a sulfonylurea or insulin.
Signs and symptoms of low blood sugar
may include dizziness or light-headedness, sweating, confusion or drowsiness, headache, blurred vision, slurred speech, shakiness, fast heartbeat, anxiety, irritability, mood changes, hunger, weakness or feeling jittery.
Changes in vision in patients with type 2 diabetes.
Tell your healthcare provider if you have changes in vision during treatment with Zepbound.
Food or liquid getting into the lungs during surgery or other procedures that use anesthesia or deep sleepiness (deep sedation).
Zepbound may increase the chance of food getting into your lungs during surgery or other procedures. Tell all your healthcare providers that you are taking Zepbound before you are scheduled to have surgery or other procedures.
Common side effects
The most common side effects of Zepbound include nausea, diarrhea, vomiting, constipation, stomach (abdominal) pain, indigestion, injection site reactions, feeling tired, allergic reactions, belching, hair loss
,
and heartburn. These are not all the possible side effects of Zepbound. Talk to your healthcare provider about any side effect that bothers you or doesn't go away.
Tell your doctor if you have any side effects.
You can report side effects at 1-800-FDA-1088 or
www.fda.gov/medwatch
.
Before using Zepbound
Your healthcare provider should show you how to use Zepbound before you use it for the first time.
Talk to your healthcare provider about low blood sugar and how to manage it. Tell your healthcare provider if you are taking medicines to treat diabetes including an insulin or sulfonylurea.
If you take birth control pills by mouth, talk to your healthcare provider before you use Zepbound. Birth control pills may not work as well while using Zepbound.
Your healthcare provider may recommend another type of birth control for 4 weeks after you start Zepbound and for 4 weeks after each increase in your dose of Zepbound.
Review these questions with your healthcare provider:
❑ Do you have other medical conditions, including problems with your pancreas, or severe problems with your stomach, such as slowed emptying of your stomach (gastroparesis) or problems digesting food?
❑ Do you take diabetes medicines, such as insulin or sulfonylureas?
❑ Do you have a history of diabetic retinopathy?
❑ Are you scheduled to have surgery or other procedures that use anesthesia or deep sleepiness (deep sedation)?
❑ Do you take any other prescription medicines or over-the-counter drugs, vitamins, or herbal supplements?
❑ Are you pregnant, plan to become pregnant, breastfeeding, or plan to breastfeed? Zepbound may harm your unborn baby. Tell your healthcare provider if you become pregnant while using Zepbound. Zepbound may pass into your breast milk. You should talk with your healthcare provider about the best way to feed your baby while using Zepbound.
• Pregnancy Exposure Registry:
There will be a pregnancy exposure registry for women who have taken Zepbound during pregnancy. The purpose of this registry is to collect information about the health of you and your baby. Talk to your healthcare provider about how you can take part in this registry, or you may contact
Lilly
at 1-800-LillyRx (1-800-545-5979).
How to take
Read the Instructions for Use that come with Zepbound.
Use Zepbound exactly as your healthcare provider says.
Use Zepbound with a reduced-calorie diet and increased physical activity.
Inject Zepbound under the skin (subcutaneously) of your stomach (abdomen), thigh, or have another person inject in the back of the upper arm.
Do not
inject ZEPBOUND into a muscle (intramuscularly) or vein (intravenously).
Use Zepbound 1 time each week, at any time of the day.
Change (rotate) your injection site with each weekly injection.
Do not
use the same site for each injection.
If you take too much Zepbound, call your healthcare provider, call the Poison Help line at 1-800-222-1222 or go to the nearest hospital emergency room right away.
Zepbound is approved as a 2.5 mg, 5 mg, 7.5 mg, 10 mg, 12.5 mg, and 15 mg injection.
Learn more
Zepbound is a prescription medicine. For more information, call 1-800-LillyRx (1-800-545-5979) or go to
www.zepbound.lilly.com
.
This summary provides basic information about Zepbound but does not include all information known about this medicine. Read the information that comes with your prescription each time your prescription is filled. This information does not take the place of talking with your healthcare provider. Be sure to talk to your healthcare provider about Zepbound and how to take it. Your healthcare provider is the best person to help you decide if Zepbound is right for you.
ZP CON BS 25FEB2026
About Lilly
Lilly is a medicine company turning science into healing to make life better for people around the world. We've been pioneering life-changing discoveries for 150 years, and today our medicines help tens of millions of people across the globe. Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges: redefining diabetes care; treating obesity and curtailing its most devastating long-term effects; advancing the fight against Alzheimer's disease; providing solutions to some of the most debilitating immune system disorders; and transforming the most difficult-to-treat cancers into manageable diseases. With each step toward a healthier world, we're motivated by one thing: making life better for millions more people. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable. To learn more, visit
Lilly.com
and
Lilly.com/news
, or follow us on
Facebook
,
Instagram
, and
LinkedIn
. P-LLY
Trademarks and Trade Names
All trademarks or trade names referred to in this press release are the property of the company, or, to the extent trademarks or trade names belonging to other companies are referenced in this press release, the property of their respective owners. Solely for convenience, the trademarks and trade names in this press release are referred to without the
®
and ™ symbols, but such references should not be construed as any indicator that the company or, to the extent applicable, their respective owners will not assert, to the fullest extent under applicable law, the company's or their rights thereto. We do not intend the use or display of other companies' trademarks and trade names to imply a relationship with, or endorsement or sponsorship of us by, any other companies.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995), including statements about the supply and access of Zepbound (tirzepatide) as a treatment for adults with obesity or overweight and reflects Lilly's current belief and expectations. However, as with any pharmaceutical product, there are substantial risks and uncertainties in the process of drug research, development, access, and commercialization. Among other things, there can be no guarantee that future study results will be consistent with the results to date, that Zepbound will receive additional regulatory approvals, or that Lilly will execute its access and other strategies as planned. For further discussion of these and other risks and uncertainties, see Lilly's most recent Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
©Lilly USA, LLC 2026. All rights reserved.
Refer to:
Rachel Sorvig
;
sorvig_rachel@lilly.com
(Media)
Michael Czapar
;
czapar_michael_c@lilly.com
(Investors)
View original content to download multimedia:
https://www.prnewswire.com/news-releases/zepbound-linked-to-lower-healthcare-costs-in-adults-over-age-55-with-obesity-according-to-a-real-world-study-302859960.html
SOURCE
Eli Lilly and Company
First-of-its-kind study shows sustained Zepbound use in older adults with obesity lowers costs, reinforcing the potential value of the Medicare
GLP-1
Bridge program
Individuals treated with Zepbound had lower rates of hospital admissions and emergency department visits
INDIANAPOLIS
,
Aug. 26, 2026
/PRNewswire/ --
Eli Lilly and Company
(NYSE: LLY) today announced results from a real-world study of adults over 55 with overweight or obesity, which found that staying on Zepbound (tirzepatide) for weight management lowered healthcare costs over time relative to similar untreated adults, driven in part by fewer hospital admissions and emergency department visits. For adults over the age of 55, including patients in Medicare's
GLP-1
Bridge program, these lower costs translate into meaningful savings as early as 12 months into treatment. This is the first study of its kind in this age group, and the results were published in
Diabetes, Obesity and Metabolism
.
Key findings
1
The study estimated cost differences over time, excluding Zepbound costs,
2
using two established methods. Both approaches yielded, on average, lower monthly healthcare costs with sustained Zepbound use versus those who are untreated.
At six months, costs were up to 15% lower (up to
$181
per patient, per month).
The difference widened by 12 months, with an estimated difference of up to
$607
per patient, per month, reflecting on average up to 38% lower costs than those not treated.
3
In the primary analysis, adults older than 55 treated with Zepbound had lower rates of hospital admissions and emergency department visits across every follow-up period, and numerically higher rates of routine outpatient and office visits, consistent with greater engagement in routine care.
4
Beginning at six months, estimated healthcare cost savings nearly covered the Medicare
GLP-1
Bridge program's monthly treatment cost of
$195
per patient, per month. Starting at 12 months, estimated healthcare cost savings exceeded the cost of Zepbound treatment, suggesting that sustained treatment in an aging population may lead to meaningful cost savings.
1
"This compelling real-world evidence highlights the impact that treating obesity with Zepbound can have on older patients and the healthcare system," said
Ilya Yuffa
, executive vice president and president,
Lilly USA
and Global Customer Capabilities. "This analysis shows treatment costs can be lowered, and in some cases more than covered, by savings elsewhere in care – including for payers and in Medicare. As coverage expands across Medicare, states and employers, these data offer evidence on the cost implications of long-term obesity treatment and should help shape decisions."
About this study
Who was included in the study?
This retrospective observational cohort study utilized the Komodo's Healthcare Map, which includes de-identified claims data from over 330 million individuals enrolled in
U.S
. healthcare plans. The analysis included 15,843 adults aged above 55 (mean age 64.5 years) with obesity (BMI ≥30 kg/m²) or overweight (BMI ≥27 kg/m²) with at least one obesity-related complication, who initiated Zepbound between
November 2023
and
September 2025
. Each Zepbound user was matched 1:1 with a control who met the same eligibility criteria but did not initiate any
GLP-1
or GIP/
GLP-1
receptor agonist medication. People were matched based on their baseline demographics, clinical characteristics, obesity-related complications and healthcare utilization patterns. All participants had at least 12 months of continuous enrollment prior to beginning the study.
How was the study analyzed?
To account for the fact that not all patients remained in the study for the same length of time, researchers used two complementary analytic methods: one that directly compared costs between the matched pairs (pairwise analysis, the secondary analysis), and another that statistically reweighted the results so that patients who left the study early were still fairly represented, correcting for any differences between those who stayed on Zepbound and those who didn't (Inverse Probability of Censoring Weighting analysis, the primary analysis). Both approaches showed consistent results.
What were the results of the study?
Two analytic methods found lower monthly healthcare costs with sustained Zepbound use versus no treatment. At six months, the pairwise analysis showed a 15% lower increase in costs, a difference of
$181
per patient, per month; the IPCW analysis showed a 12% lower increase, a difference of
$145
per patient, per month. At 12 months, the pairwise analysis showed an estimated difference of
$607
per patient, per month, reflecting on average 38% lower costs; the IPCW analysis showed an estimated difference of
$319
per patient, per month, reflecting on average 25% lower costs.
How should the healthcare cost findings be interpreted?
2
Claims data do not capture Zepbound's net price, so the study excluded the cost of Zepbound from total treatment costs. As a result, the reported cost differences reflect potential savings that could offset the price of Zepbound (not the net cost impact of treatment overall).
About Zepbound (tirzepatide) injection
Zepbound (tirzepatide) is the first and only dual GIP (glucose-dependent insulinotropic polypeptide) and
GLP-1
(glucagon-like peptide-1) receptor agonist obesity medication. Zepbound tackles an underlying cause of excess weight. It reduces appetite and how much you eat. Zepbound is indicated for adults with obesity, or some adults who are overweight and also have at least one weight-related medical problem, to lose weight and keep it off. Additionally, Zepbound is FDA-approved to treat adults with moderate-to-severe obstructive sleep apnea and obesity. Zepbound should be used with a reduced calorie diet and increased physical activity.
Endnotes and references
Upadhyay N, Bonakdar A, Subedi K, Banerjee S, Behrend B, Hankosky ER. Trends in Cost of Care With Tirzepatide in Adults Aged Over 55 Years With Overweight or Obesity Without Diabetes: A Matched Cohort Analysis.
Claims data do not capture Zepbound's net price, so the study excluded the cost of Zepbound from total treatment costs. As a result, the reported cost differences reflect potential savings that could offset the price of Zepbound (not the net cost impact of treatment overall).
Estimated cost differences varied between
$319
and
$607
, depending on model.
Results were numerically lower, but not statistically significant in the secondary analysis (pairwise).
INDICATIONS AND SAFETY SUMMARY WITH WARNINGS
Zepbound
®
(ZEHP-bownd) is an injectable prescription medicine used with a reduced-calorie diet and increased physical activity to help adults with:
obesity, or some adults with overweight who also have weight-related medical problems, to lose excess body weight and keep the weight off.
moderate-to-severe obstructive sleep apnea (OSA) and obesity to improve their OSA.
Zepbound contains tirzepatide and should not be used with other tirzepatide-containing products or any
GLP-1
receptor agonist medicines. It is not known if Zepbound is safe and effective for use in children.
Warnings -
Zepbound may cause tumors in the thyroid, including thyroid cancer. Watch for possible symptoms, such as a lump or swelling in the neck, hoarseness, trouble swallowing, or shortness of breath. If you have any of these symptoms, tell your healthcare provider.
Do not use Zepbound if you or any of your family have ever had a type of thyroid cancer called medullary thyroid carcinoma (MTC).
Do not use Zepbound if you have Multiple Endocrine Neoplasia syndrome type 2 (MEN 2).
Do not use Zepbound if you have had a serious allergic reaction to tirzepatide or any of the ingredients in Zepbound.
KwikPen
®
: Do not share your KwikPen with other people, even if the pen needle has been changed.
You may give other people a serious infection or get a serious infection from them.
Zepbound may cause serious side effects, including:
Severe stomach problems.
Stomach problems, sometimes severe, have been reported in people who use Zepbound. Tell your healthcare provider if you have stomach problems that are severe or will not go away.
Dehydration leading to kidney problems.
Diarrhea, nausea, and vomiting may cause a loss of fluids (dehydration), which may cause kidney problems. It is important for you to drink fluids to help reduce your chance of dehydration. Tell your healthcare provider right away if you have nausea, vomiting, or diarrhea that does not go away.
Gallbladder problems.
Gallbladder problems have happened in some people who use Zepbound. Tell your healthcare provider right away if you get symptoms of gallbladder problems, which may include pain in your upper stomach (abdomen), fever, yellowing of skin or eyes (jaundice), or clay-colored stools.
Inflammation of the pancreas (pancreatitis).
Stop using Zepbound and call your healthcare provider right away if you have severe pain in your stomach area (abdomen) that will not go away, with or without nausea or vomiting. You may feel the pain from your abdomen to your back.
Serious allergic reactions.
Stop using Zepbound and get medical help right away if you have any symptoms of a serious allergic reaction, including swelling of your face, lips, tongue or throat, problems breathing or swallowing, severe rash or itching, fainting or feeling dizzy, or very rapid heartbeat.
Low blood sugar (hypoglycemia).
Your risk for getting low blood sugar may be higher if you use Zepbound with medicines that can cause low blood sugar, such as a sulfonylurea or insulin.
Signs and symptoms of low blood sugar
may include dizziness or light-headedness, sweating, confusion or drowsiness, headache, blurred vision, slurred speech, shakiness, fast heartbeat, anxiety, irritability, mood changes, hunger, weakness or feeling jittery.
Changes in vision in patients with type 2 diabetes.
Tell your healthcare provider if you have changes in vision during treatment with Zepbound.
Food or liquid getting into the lungs during surgery or other procedures that use anesthesia or deep sleepiness (deep sedation).
Zepbound may increase the chance of food getting into your lungs during surgery or other procedures. Tell all your healthcare providers that you are taking Zepbound before you are scheduled to have surgery or other procedures.
Common side effects
The most common side effects of Zepbound include nausea, diarrhea, vomiting, constipation, stomach (abdominal) pain, indigestion, injection site reactions, feeling tired, allergic reactions, belching, hair loss
,
and heartburn. These are not all the possible side effects of Zepbound. Talk to your healthcare provider about any side effect that bothers you or doesn't go away.
Tell your doctor if you have any side effects.
You can report side effects at 1-800-FDA-1088 or
www.fda.gov/medwatch
.
Before using Zepbound
Your healthcare provider should show you how to use Zepbound before you use it for the first time.
Talk to your healthcare provider about low blood sugar and how to manage it. Tell your healthcare provider if you are taking medicines to treat diabetes including an insulin or sulfonylurea.
If you take birth control pills by mouth, talk to your healthcare provider before you use Zepbound. Birth control pills may not work as well while using Zepbound.
Your healthcare provider may recommend another type of birth control for 4 weeks after you start Zepbound and for 4 weeks after each increase in your dose of Zepbound.
Review these questions with your healthcare provider:
❑ Do you have other medical conditions, including problems with your pancreas, or severe problems with your stomach, such as slowed emptying of your stomach (gastroparesis) or problems digesting food?
❑ Do you take diabetes medicines, such as insulin or sulfonylureas?
❑ Do you have a history of diabetic retinopathy?
❑ Are you scheduled to have surgery or other procedures that use anesthesia or deep sleepiness (deep sedation)?
❑ Do you take any other prescription medicines or over-the-counter drugs, vitamins, or herbal supplements?
❑ Are you pregnant, plan to become pregnant, breastfeeding, or plan to breastfeed? Zepbound may harm your unborn baby. Tell your healthcare provider if you become pregnant while using Zepbound. Zepbound may pass into your breast milk. You should talk with your healthcare provider about the best way to feed your baby while using Zepbound.
• Pregnancy Exposure Registry:
There will be a pregnancy exposure registry for women who have taken Zepbound during pregnancy. The purpose of this registry is to collect information about the health of you and your baby. Talk to your healthcare provider about how you can take part in this registry, or you may contact
Lilly
at 1-800-LillyRx (1-800-545-5979).
How to take
Read the Instructions for Use that come with Zepbound.
Use Zepbound exactly as your healthcare provider says.
Use Zepbound with a reduced-calorie diet and increased physical activity.
Inject Zepbound under the skin (subcutaneously) of your stomach (abdomen), thigh, or have another person inject in the back of the upper arm.
Do not
inject ZEPBOUND into a muscle (intramuscularly) or vein (intravenously).
Use Zepbound 1 time each week, at any time of the day.
Change (rotate) your injection site with each weekly injection.
Do not
use the same site for each injection.
If you take too much Zepbound, call your healthcare provider, call the Poison Help line at 1-800-222-1222 or go to the nearest hospital emergency room right away.
Zepbound is approved as a 2.5 mg, 5 mg, 7.5 mg, 10 mg, 12.5 mg, and 15 mg injection.
Learn more
Zepbound is a prescription medicine. For more information, call 1-800-LillyRx (1-800-545-5979) or go to
www.zepbound.lilly.com
.
This summary provides basic information about Zepbound but does not include all information known about this medicine. Read the information that comes with your prescription each time your prescription is filled. This information does not take the place of talking with your healthcare provider. Be sure to talk to your healthcare provider about Zepbound and how to take it. Your healthcare provider is the best person to help you decide if Zepbound is right for you.
ZP CON BS 25FEB2026
About Lilly
Lilly is a medicine company turning science into healing to make life better for people around the world. We've been pioneering life-changing discoveries for 150 years, and today our medicines help tens of millions of people across the globe. Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges: redefining diabetes care; treating obesity and curtailing its most devastating long-term effects; advancing the fight against Alzheimer's disease; providing solutions to some of the most debilitating immune system disorders; and transforming the most difficult-to-treat cancers into manageable diseases. With each step toward a healthier world, we're motivated by one thing: making life better for millions more people. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable. To learn more, visit
Lilly.com
and
Lilly.com/news
, or follow us on
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, and
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Trademarks and Trade Names
All trademarks or trade names referred to in this press release are the property of the company, or, to the extent trademarks or trade names belonging to other companies are referenced in this press release, the property of their respective owners. Solely for convenience, the trademarks and trade names in this press release are referred to without the
®
and ™ symbols, but such references should not be construed as any indicator that the company or, to the extent applicable, their respective owners will not assert, to the fullest extent under applicable law, the company's or their rights thereto. We do not intend the use or display of other companies' trademarks and trade names to imply a relationship with, or endorsement or sponsorship of us by, any other companies.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995), including statements about the supply and access of Zepbound (tirzepatide) as a treatment for adults with obesity or overweight and reflects Lilly's current belief and expectations. However, as with any pharmaceutical product, there are substantial risks and uncertainties in the process of drug research, development, access, and commercialization. Among other things, there can be no guarantee that future study results will be consistent with the results to date, that Zepbound will receive additional regulatory approvals, or that Lilly will execute its access and other strategies as planned. For further discussion of these and other risks and uncertainties, see Lilly's most recent Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
©Lilly USA, LLC 2026. All rights reserved.
Refer to:
Rachel Sorvig
;
sorvig_rachel@lilly.com
(Media)
Michael Czapar
;
czapar_michael_c@lilly.com
(Investors)
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SOURCE
Eli Lilly and Company
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