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Eli Lilly partners with CordenPharma for production of diabetes drug’s active Ingredient

Eli Lilly, a U.S. pharmaceutical company, has enlisted Swiss contract drugmaker CordenPharma to produce the active ingredient, tirzepatide, for its diabetes drug Mounjaro. This development coincides with Lilly’s preparations to launch Mounjaro as a treatment for weight loss in the United States, driven by increasing demand for obesity medications. Although Mounjaro has not yet received official U.S. approval for weight loss, doctors are already prescribing it “off-label” to patients seeking to lose weight. CordenPharma’s Colorado facility is under a confidential contract to manufacture tirzepatide for the weekly injection. This partnership reflects the growing market for weight-loss drugs, providing a significant boost to contract development and manufacturing organisations (CDMOs) like CordenPharma, which have been offsetting COVID-19-related contract losses.

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According to Business Wire, global Healthcare Industry will be worth $12T by 2022. Healthcare is vast and highly fragmented with a mix of public and private players. It comprises patients and healthcare providers such as hospitals, pharmaceuticals, and related life sciences.

Digitisation and Post-Covid world are set to transform the healthcare industry in the coming decade. Our weekly business newsletter covers innovations and disruptions in the Healthcare industry with global coverage.

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