Eli Lilly Sues Six Firms Over Alleged Black-Market Retatrutide Sales as Novo Nordisk CEO Pushes Back on 'Winner-Take-All' Framing
Eli Lilly on August 12 filed six lawsuits against U.S. firms it accuses of illegally selling black-market versions of its experimental obesity drug retatrutide. A day later, Novo Nordisk CEO Mike Doustdar said investors are underestimating demand for differentiated obesity drugs — pushing back against the market-share narrative that has driven Lilly's stock for two quarters.