Heavyweight weight loss drug Mounjaro will see a significant price increase before Eli Lilly (LLY.US) temporarily suspends supply in England.

Zhitong Finance APP learned that Eli Lilly (LLY.US) has temporarily suspended shipments of its weight loss drug Mounjaro in the UK, and a new round of price increases for the drug will take effect next month. Lilly said that in order to manage its supply and ensure that patients can continue to access the drug, the company has reserved allocations for pharmacies and suppliers who order the drug from them. Lilly stated that legal measures have been taken to prevent suppliers from hoarding the drug, and the company will resume taking orders on September 1st.