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Lilly Says Foundayo Drug Helped Patients Lose Weight in Phase 3 Trial","url":"https://stock-news.laohu8.com/highlight/detail?id=2672352738","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672352738?lang=en_us&edition=fundamental","pubTime":"2026-10-01 06:42","pubTimestamp":1790808120,"startTime":"0","endTime":"0","summary":"Eli Lilly's potential new weight-loss drug Foundayo had positive results in a Phase 3 trial.Foundayo, which is being studied as a treatment for obesity and Type-2 diabetes, demonstrated a non-inferior risk of major adverse cardiovascular events, compared with the alternative treatment insulin glargine.Patients treated with the drug also had improved weight and other key measures of cardiometabolic health compared with insulin glargine, the company said.The risk of cardiovascular death, heart attack, stroke or hospitalization for unstable sudden chest pain was 16% lower for Foundayo versus insulin glargine.At week 52, participants treated with Foundayo experienced reductions in waist circumference by 7 centimeters and lower systolic blood 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Stock Underperforms Wednesday When Compared To CompetitorsThis article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Agilent Technologies Inc.  slipped 1.55% to $172.31 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index  falling 0.25% to 7,651.54 and Dow Jones Industrial Average  falling 0.86% to 50,906.05.This was the stock's second consecutive day of losses.Agilent Technologies Inc. closed 2.68% short of its 52-week high of $177.05, which the company achieved on September 29th.The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Thermo Fisher Scientific Inc.  fell 0.67% to $675.05, Danaher Corp.  fell 1.84% to $221.55, and Abbott Laboratories  fell 2.10% to $98.83.Trading volume  eclipsed its 50-day average volume of 2.3 M.Data source: Dow Jones Market Data, FactSet. 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