Eli Lilly & Co: Live from the Big Easy: Retatrutide moves the goal posts; LLY event highlights breadth of pipeline

研报英文原文证据摘录

Eli Lilly & Co: Live from the Big Easy: Retatrutide moves the goal posts; LLY event highlights breadth of pipeline

Equity Research

U.S. Biopharmaceuticals

7 June 2026

Eli Lilly & Co

Live from the Big Easy: Retatrutide

moves the goal posts; LLY event

LLY OVERWEIGHThighlights breadth of pipeline

U.S. Biopharmaceuticals NEUTRAL

At Saturday's symposium for the first two P3 presentations of Price Target USD 1400.00

retatrutide, the asset delivered on the promise of moving the Price (05-Jun-26) USD 1131.42

goal posts in what's possible in obesity pharmacotherapy. PotentialSource: Bloomberg,Upside/DownsideBarclays Research +23.7%

LLY's investor event Saturday evening highlighted that there's

U.S. Biopharmaceuticalsa lot more to come.

Emily Field, CFA

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emily.field@barclays.com

BCI, US

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Retatrutide delivers at ADA: Though headline numbers for the first P3 study of key LLY pipeline

asset retatrutide were disclosed just a few short weeks ago (and the tight timetable whereby the

data was received relative to the ADA Scientific Sessions prevented the concurrent publication

in a scientific publication (see: Eli Lilly & Co: Retatrutide delivers in TRIUMPH-1 as top efficacy

option in high BMIs; full data to come at ADA (05/21/26)), in our view the presentation of the full

TRANSCEND-T2D-1 data (treatment-naive type 2 diabetes patients) and TRIUMPH-1 data

(patients with overweight/obesity without T2D) on Saturday delivered on the promise of the