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This makes the effective monthly rate lower than the stated $249 for many eligible patients

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It is in Phase 3 trials under Eli Lilly's TRIUMPH program

More recently, JP Morgan Private Capital, a venture capital and growth equity investment team under JP Morgan Asset Management, raised over $500 million for a life sciences fund targeting private biotech companies with a keen focus on the weight-loss drug space.

However, once blood glucose reaches normal levels, continued administration of GLP-1 does not further stimulate insulin secretion, and blood glucose remains stable