Eli Lilly Shakes Up the Pharmacy Business With a New DTC Website, And Could Apple Be a Buyer of Peloton? 1/4/24
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 4 January 2024
⏱️ 45 minutes
🧾️ Download transcript
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| 0:00.0 | Live in the NASDAQ market site in the heart of New York City's Times Square |
| 0:04.7 | This is Fast Money. Here's what's on tap tonight. Drugs on demand Eli Lillie |
| 0:08.8 | to bypass the pharma Middleman and go direct to consumers with its new obesity drug Zetbound. Is this all |
| 0:14.5 | about simplifying access to this blockbuster category or a real industry game changer? |
| 0:19.2 | We'll debate that. |
| 0:20.2 | Plus, Burger Blues, McDonald's issuing a warning about the impact the war in Israel and the unrest |
| 0:25.3 | in the Middle East is having on its business. |
| 0:27.4 | While others soon be raising similar red flags, and later one top tech watcher has an interesting |
| 0:32.4 | buyer for Peloton in the new year. |
| 0:34.4 | We'll go inside the Mobile Eye Black Eye. |
| 0:36.8 | And thanks to AI, Microsoft is set to kick off a major PC refresh. |
| 0:40.8 | We'll explain. |
| 0:41.8 | I'm Melissa Lee, coming to you live from studio B. |
| 0:43.6 | at the Nasak on the desk tonight. Carter Braxtonworth, Bodwin-Eison, Dan Nathan, and Guyadami. |
| 0:49.0 | We start off with Eli Lilly hitting a new all-time high during the session before closing the day with a slight |
| 0:53.6 | loss shares jumping as much as 3% at their highs. The stock is up nearly 70% in the |
| 0:59.2 | last year. Today's action coming after the Lily announced the launch of |
| 1:02.4 | Lily Direct, a direct to consumer |
| 1:04.4 | website that allows patients to order its weight loss drug Zepbound right from the company. |
| 1:09.0 | It is a strategy that could deal a blow to traditional pharmacy companies like CBS and Walgreens. |
| 1:14.0 | Shares of Novo Nordisk, which manufacturers' rival with Govi, held on to its gains, |
| 1:19.7 | jumping almost 4%, closing at a record. |
... |
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