Edward Collins
by EDWARD COLLINS

Fund Rotation Signals Overvaluation

30/09/2025 50 0
LLY
FACT: Eli Lilly’s Blockbuster Drug Growth in Q3 2023

The Saudi sovereign fund’s focus on UnitedHealth and Lilly calls, alongside new positions in Pinduoduo, indicates a shift away from Lilly’s core pharma exposure. With patent cliffs looming for non-GLP-1 drugs by 2028 and high valuations, Lilly faces risks of a 10% pullback, particularly if regulatory scrutiny on drug pricing intensifies.

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