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Lucas Montarce

๐Ÿ‘ค Speaker
81 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

All these public prices, we have been very disciplined on our pricing strategy.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

You can look at the results quarter on quarter that we maintain that discipline throughout 2025.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

And my commitment is to maintain that price discipline getting into 2026 as well.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

That's a great point.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

Of course, again, not only Tercepetide, again, Cepbound, but also Orfoglipron will be available in the Medicare segment once that access is provided.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

So both molecules will have access to Medicare patients and the patients will pay, actually $50 will be the copay that the patients will be paying for both medicines.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

So great opportunity to drive access.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

I mentioned 40 million patients.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

As always, penetrations will build over time.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

So starting off July, hopefully we will see that penetration growing over time.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

So that will build not only in 2026, but also getting into 2027 as well.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

Yeah, it's great news, by the way.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

I'm glad that you brought it up, because you asked me about the QuickPen approval.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

And again, it has been three weeks, and now we have the QuickPen approval, and we are planning to bring it to the market within the next 30 days.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

So that will bring another option.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

Of course, again, we are discussing about the channel segments.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

You mentioned Medicare being one of them.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

But also, we will bring it in direct to patients.

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

So that we will have more broad access is another opportunity, another option for patients that will have

Bloomberg Talks
Eli Lilly CFO Lucas Montarce Talks Weight Loss Pill, Business Outlook

the opportunity to get to the QuickPen device.