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Author: Admin | 2025-04-28
Eli Lilly (LLY) has announced a partnership with Amazon (AMZN) to streamline the delivery of prescriptions. The collaboration will be facilitated through LillyDirect, Eli Lilly's direct-to-consumer business channel. Eli Lilly had previously announced a pa Eli Lilly (LLY) has announced a partnership with Amazon (AMZN) to streamline the delivery of prescriptions. The collaboration will be facilitated through LillyDirect, Eli Lilly's direct-to-consumer business channel. Eli Lilly had previously announced a partnership with Truepill for prescription delivery.Yahoo Finance's Madison Mills and Seana Smith break down the details.For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.Editor's note: The headline and text of this article have been updated to more accurately reflect the partnership.Note: This article was written by Angel SmithVideo TranscriptMADISON MILLS: And we've got some more trending tickers here on Yahoo Finance as well. We have Eli Lilly announcing a partnership with Amazon's pharmacy arm, Truepill, to deliver prescriptions through its direct-to-consumer channel, Lilly Direct, which launched back in January. We see here in the pre-market trade, Eli Lilly and Amazon both up on the news, Eli Lilly up just 4/10 of a percent, Amazon up 3/10 of a percent.So continuing to see news about these partnerships coming in with Amazon. This is just the latest to be announced here in a string of partnerships. And another piece of good news for Eli Lilly, which has been finding kind of ways to recoup some financing over the past year and kind of rebrand as well.SEANA SMITH: Yeah, certainly. And when you take into account the sheer demand that they've seen for their drug tied to weight loss here and exactly what they are trying to do in order to do everything they can to meet that demand, this partnership will, you would think, help them deliver Zepbound in a more timely manner. So this could have a real material impact to their bottom line going forward. What was also interesting was some of the commentary that we've gotten from executives here over the last several days.Now, they're saying that they're looking for more partnerships, potentially, even potentially looking at a retail pharmacy to offer a pickup option. And then Walgreens CEO Tim Wentworth weighing in in an interview with Reuters, saying that Lilly Direct was launched at the pharmacy chain could be, quote, "a very natural potential partner for someone like Lilly."So we certainly are seeing some disruption within the health care, within the pharmacy space. So the fact that Eli Lilly now has a direct offering to consumers, partnering up with a behemoth like Amazon, you would think, would really help them get their medications to patients in need and also do it in a much timelier manner.
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