Eli Lilly Initiates Trial of Weight Loss Drugs to Address Unemployment in the UK --[Reported by Umva mag]

US pharmaceutical firm Eli Lilly has revealed a ground-breaking initiative into its treatments for obesity, which could affect employment outcomes in the UK. The move follows a major investment deal the company reached with the UK government, which is set to invest £279 million ($364 million) to provide urgent health needs, primarily obesity. Announced on […] The post Eli Lilly Initiates Trial of Weight Loss Drugs to Address Unemployment in the UK appeared first on Insights Success.

Oct 18, 2024 - 12:14
Eli Lilly Initiates Trial of Weight Loss Drugs to Address Unemployment in the UK --[Reported by Umva mag]

US pharmaceutical firm Eli Lilly has revealed a ground-breaking initiative into its treatments for obesity, which could affect employment outcomes in the UK. The move follows a major investment deal the company reached with the UK government, which is set to invest £279 million ($364 million) to provide urgent health needs, primarily obesity.

Announced on Monday, this strategic collaboration with the UK’s Department of Health and Social Care and the Department for Science, Innovation and Technology is part of a broader £63 billion investment initiative launched during the Labor government’s inaugural International Investment Summit. Eli Lilly will conduct what is termed a real-world study that examines how its weight-loss drug tirzepatide—one of the active drugs in injections widely used by millions, Zepbound and Mounjaro—will work to reduce weight, prevent diabetes, and mitigate all the problems associated with the two.

The five-year study, which is in collaboration with Health Innovation Manchester, will not only observe the health outcomes but also delve into working status and sickness absence impacts on participants after these treatments for weight loss. Professor Rachel Batterham is Senior Vice President for International Medical Affairs at Eli Lilly. In this case, the organizations are working together to enhance evidence on obesity treatments and their impact on health-related quality of life and employment.

UK Health and Social Care Minister Wes Streeting said the partnership needed to work towards a healthier society and economy, suggesting that obesity contributes to high levels of economic inactivity in the UK. With a significant part of the economic inactivity being attributed to long-term sickness, with many obesity conditions having been worsened by COVID, Streeting pointed out the economic cost of obesity, which is estimated to be about £11 billion per year for the NHS.

Although the project has attracted much interest, some experts remain wary about possible implications of setting links between health care treatments and economic results. Here is another view: Obesity policy expert Dr Dolly van Tulleken pointed out that there are ethical considerations for the obsession with putting a price on something over the needs of the individual to regain their health.

In addition to the trial, the Lilly Gateway Labs innovation accelerator will be the company’s first in Europe to help an early-stage life sciences venture develop transformative medical technologies. The company expects to continue investing in the UK over the next several years to continue to help address both health and economic challenges.

The post Eli Lilly Initiates Trial of Weight Loss Drugs to Address Unemployment in the UK appeared first on Insights Success.




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