{"id":63723,"date":"2026-06-25T07:08:14","date_gmt":"2026-06-25T11:08:14","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/eli-lilly-unveils-medicare-glp-1-bridge-mccormick-beats-q2-estimates\/63723\/"},"modified":"2026-06-25T07:08:14","modified_gmt":"2026-06-25T11:08:14","slug":"eli-lilly-unveils-medicare-glp-1-bridge-mccormick-beats-q2-estimates","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/eli-lilly-unveils-medicare-glp-1-bridge-mccormick-beats-q2-estimates\/63723\/","title":{"rendered":"Eli Lilly Unveils Medicare GLP-1 Bridge; McCormick Beats Q2 Estimates"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Eli Lilly (<a href=\"\/stock\/LLY\">LLY<\/a>)<\/strong> launched a <strong>Medicare GLP-1 Bridge<\/strong> program, offering <strong>Zepbound<\/strong> and <strong>Foundayo<\/strong> for <strong>$50 per month<\/strong> to eligible Part D patients starting July 1, 2026.<\/li>\n<li><strong>McCormick (<a href=\"\/stock\/MKC\">MKC<\/a>)<\/strong> reported <strong>Q2 adjusted EPS of $0.80<\/strong>, significantly beating the <strong>$0.69<\/strong> analyst estimate, while reaffirming its full-year 2026 outlook.<\/li>\n<li><strong>Oman\u2019s Foreign Minister<\/strong> confirmed that future arrangements for the <strong>Strait of Hormuz<\/strong> will not include <strong>transit tolls<\/strong>, a move aimed at stabilizing global energy markets.<\/li>\n<li><strong>SpaceX (<a href=\"\/stock\/SPCX\">SPCX<\/a>)<\/strong> shares rose <strong>2.4%<\/strong> as the company continues to navigate volatility following its record-breaking <strong>$86 billion IPO<\/strong> earlier this month.<\/li>\n<li><strong>Venezuela<\/strong> is grappling with a rising death toll, currently at <strong>164<\/strong>, following a catastrophic <strong>7.5 magnitude earthquake<\/strong> that struck the country on Wednesday.<\/li>\n<\/ul>\n<h2>Eli Lilly Expands Access to Obesity Medications<\/h2>\n<p>Eli Lilly (<a href=\"\/stock\/LLY\">LLY<\/a>) announced the launch of the <strong>Medicare GLP-1 Bridge<\/strong> program, a major initiative designed to provide affordable access to obesity treatments. Starting <strong>July 1, 2026<\/strong>, eligible Medicare Part D patients can access <strong>Zepbound<\/strong> (tirzepatide) and the newly approved oral medication <strong>Foundayo<\/strong> (orforglipron) for a flat fee of <strong>$50 per month<\/strong>.<\/p>\n<p>The company estimates that approximately <strong>20 million Medicare patients<\/strong> may qualify for coverage under this program, which is scheduled to run through <strong>December 31, 2027<\/strong>. This bridge program aims to fill the coverage gap until more permanent legislative solutions for weight-management medications are implemented.<\/p>\n<h2>McCormick Delivers Strong Q2 Performance<\/h2>\n<p>Flavor giant McCormick (<a href=\"\/stock\/MKC\">MKC<\/a>) posted robust second-quarter results, with <strong>net sales reaching $1.94 billion<\/strong>, surpassing the <strong>$1.91 billion<\/strong> expected by Wall Street. The company\u2019s <strong>adjusted EPS of $0.80<\/strong> represented a 16% increase over the prior year, driven by productivity gains and the successful integration of <strong>McCormick de Mexico<\/strong>.<\/p>\n<p>Despite a slight dip in <strong>organic volume growth of -0.5%<\/strong>, management reaffirmed its fiscal year 2026 guidance. The company continues to project <strong>adjusted EPS between $3.05 and $3.13<\/strong>, as it moves forward with its proposed combination with <strong>Unilever Foods<\/strong>.<\/p>\n<h2>Geopolitical and Global Trade Developments<\/h2>\n<p>In the Middle East, <strong>Oman\u2019s Foreign Minister<\/strong> Sayyid Badr Albusaidi clarified that future maritime arrangements in the <strong>Strait of Hormuz<\/strong> will not entail <strong>transit tolls<\/strong>. This statement follows recent regional tensions and discussions regarding potential fees for the strategic waterway, which handles nearly <strong>20% of global oil trade<\/strong>.<\/p>\n<p>Meanwhile, in New Delhi, <strong>India\u2019s Trade Minister<\/strong> Piyush Goyal reported &quot;substantial progress&quot; in trade talks with the U.S. The negotiations are centered around an <strong>interim deal<\/strong> that would see the U.S. apply a <strong>18% reciprocal tariff<\/strong> on Indian goods, a reduction from the previous 25% rate, aimed at maintaining India&#39;s <strong>comparative advantage<\/strong> in manufacturing.<\/p>\n<h2>SpaceX Market Volatility and Humanitarian Crisis in Venezuela<\/h2>\n<p>SpaceX (<a href=\"\/stock\/SPCX\">SPCX<\/a>) shares extended their recent gains, rising <strong>2.4%<\/strong> to trade near <strong>$156<\/strong>. The stock has been highly volatile since its <strong>June 12 IPO<\/strong>, which valued the company at <strong>$2.2 trillion<\/strong>. Investors are currently monitoring a new <strong>$20 billion capital raise<\/strong> and the upcoming expiration of certain insider lock-up periods.<\/p>\n<p>In South America, the humanitarian situation in <strong>Venezuela<\/strong> remains dire. The death toll from Wednesday&#39;s <strong>7.2 and 7.5 magnitude earthquakes<\/strong> has risen to <strong>164<\/strong>, with over <strong>1,000 injuries<\/strong> reported. Acting President Delcy Rodr\u00edguez has declared a <strong>state of emergency<\/strong> as rescue teams continue to search the rubble in the hardest-hit regions of La Guaira and Caracas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Eli Lilly (LLY) launched a Medicare GLP-1 Bridge program, offering Zepbound and Foundayo for $50 per month to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[19649,78,337,4487,4763,4833,6761,10077,16589,18843],"class_list":["post-63723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-venezuela-earthquake","tag-mkc","tag-lly","tag-strait-of-hormuz","tag-medicare","tag-spacex","tag-eli-lilly","tag-india-trade","tag-mccormick","tag-spcx"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/63723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=63723"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/63723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=63723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=63723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=63723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}