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Trump bought up to $680,000 in Eli Lilly stock as his agencies favored the company.
KEY POINTS
- Four of Trump's Lilly stock purchases are marked 'unsolicited,' but the term's meaning remains unclear.
- Trump's investments coincided with CMS launching a pilot Medicare program for GLP-1 drugs, which benefits Lilly.
- The FDA approved Lilly’s Foundayo weight loss pill in 50 days under a new accelerated pathway.
- White House and HHS initiatives helped promote Lilly’s GLP-1 business during Trump's stock purchases.
COMPANIES
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