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BMO Capital Markets analyst Evan Seigerman called it another positive indication for Eli Lilly, whose top-selling diabetes and weight loss drugs are gaining market share as manufacturing continues to expand, while noting the drugmaker could start to benefit heading into third quarter earnings.

Geographically, trials were concentrated in the United States, China, and Denmark, with relatively few international multicenter studies

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Suitable for pharmacokinetic and bioequivalence studies