Eli Lilly and Co NYSE:LLY accuses Federal Health Agency in lawsuit over hospital drug discounts
Published on November 18, 2024
Eli Lilly and Company, a renowned pharmaceutical giant, has recently filed a lawsuit against the Federal Health Agency regarding their hospital drug discounting program. The company alleges that the agency wrongfully rejected changes proposed by Eli Lilly and Johnson & Johnson, another major pharmaceutical company. This legal battle has sent shockwaves through the industry, causing Eli Lilly's stock to plummet more than 10% in just a month. Investors are now left wondering whether to buy, sell, or hold onto the company's stock. For a professional prognosis on the future movement of Eli Lilly's stock, it is recommended to consult experts at Stocks Prognosis.
Investor opinions & comments
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BenjaminParker
November 22, 2024 at 00:19
It's interesting to see pharmaceutical giants like Eli Lilly and Johnson & Johnson taking legal action against the Federal Health Agency
InvestorIan
November 21, 2024 at 11:06
It's hard to predict how this legal battle will unfold and if it will favor Eli Lilly
JeremiahSnyder
November 21, 2024 at 00:59
I wonder how this lawsuit will affect the pharmaceutical industry as a whole
SamanthaEvans
November 20, 2024 at 07:12
Will this legal battle result in any changes to the hospital drug discounting program?
GrowthGreg
November 19, 2024 at 22:43
Eli Lilly's decision to take legal action shows they are willing to fight for their interests
ProfitPete
November 19, 2024 at 20:56
I wonder if there are any other factors contributing to Eli Lilly's stock plummeting, besides this lawsuit
SamuelNelson
November 19, 2024 at 20:13
I'm not sure if this lawsuit will have a significant impact on Eli Lilly's stock in the long run