Eli Lilly And Company ((LLY)) announced an update on their ongoing clinical study.
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Study Overview: Eli Lilly and Company recently completed a Phase 3 study titled A Phase 3, Randomized, Open-Label Study to Investigate the Efficacy and Safety of Once Daily Oral LY3502970 Compared With Oral Semaglutide in Adult Participants With Type 2 Diabetes and Inadequate Glycemic Control With Metformin (ACHIEVE-3). The study aimed to evaluate the efficacy and safety of orforglipron compared to semaglutide in adults with Type 2 diabetes inadequately controlled with metformin, highlighting its significance in advancing diabetes treatment options.
Intervention/Treatment: The study tested two oral drugs: orforglipron and semaglutide. Orforglipron, the experimental drug, was administered to assess its effectiveness against the active comparator, semaglutide, in managing Type 2 diabetes.
Study Design: This interventional study was randomized with a parallel assignment model and had no masking, meaning both participants and researchers knew which treatment was administered. The primary purpose was treatment-focused, aiming to improve glycemic control in participants.
Study Timeline: The study began on September 13, 2023, and was completed by September 19, 2025. These dates are crucial as they mark the study’s initiation and the last update, indicating the study’s progress and completion.
Market Implications: The completion of this study could positively influence Eli Lilly’s stock performance by showcasing potential advancements in diabetes treatment. As the pharmaceutical industry is competitive, successful results could enhance investor confidence and position Eli Lilly favorably against competitors offering similar treatments.
The study is completed, and further details are available on the ClinicalTrials portal.