Eli Lilly reported $98 million in second-quarter sales fo | Eli Lilly reported $98 million in second-quarter sales for Foundayo, its newly launched oral GLP-1 treatment, lagging far behind rival Novo Nordisk's Wegovy pill.

The two pharmaceutical giants are locked in a fierce battle for dominance in the burgeoning obesity drug market

Novo Nordisk and Eli Lilly are reporting Q2 earnings this week, as Novo's Wegovy pill outsells Lilly's Foundayo and a dealmaking divide develops between the obesity rivals.