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 <20260430134229.3.7dd31582d2c23c82@mg-d1.substack.com>
Subject: Fwd: Come Follow the Lilly Earnings Call With Me
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---------- =46orwarded message ----------
=46rom: Dave Knapp from On The Pen <onthepen=40substack.com>
Date: Apr 30, 2026 at 9:42=E2=80=AFAM -0400
To: tjphuhs=40gmail.com
Subject: Come =46ollow the Lilly Earnings Call With Me

> Lilly earnings are this morning.
> =CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0=
 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=
=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=
=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87=
 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F=
 =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=
=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=
=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=
=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=
=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0=
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 =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=
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=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=
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 =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=
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=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=
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=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0=
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 =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=
=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=
=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=
=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=
=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0=
 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=
=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=
=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87=
 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F=
 =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=
=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=
=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=
=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=
=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0=
 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=
=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=
=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87=
 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F=
 =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=
=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=
=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=
=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=
=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0=
 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=
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=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87=
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=CD=8F =C2=A0 =E2=80=87 =C2=AD=CD=8F =C2=A0 =E2=80=87 =C2=AD
> =46orwarded this email=3F Subscribe here for more
> Come =46ollow the Lilly Earnings Call With Me
> On The Pen GLP-1 News
> Apr 30
>
> READ IN APP
>
> Lilly earnings are this morning. I=E2=80=99ll be live tweeting my insta=
nt reactions on X.
> Real-time updates, for those who can=E2=80=99t listen=E2=80=A6 This is =
going to be an interesting call with lots of pipeline discussion=21
> =F0=9F=91=89 =46ollow along here
> On The Pen=E2=84=A2
> =40ManOnThePen
> =24LLY Most earnings threads will cover EPS and guidance. Mine will cov=
er what it means for patients living with obesity. =24LLY =F0=9F=A7=B5 =40=
EliLillyandCo earnings: live now. =46ollow here=F0=9F=91=87=F0=9F=91=87=F0=
=9F=91=87
> 1:31 PM =C2=B7 Apr 30, 2026 =C2=B7 28 Views
> 1 Like
> Later today I=E2=80=99ll be dropping my video roundup, the full picture=
, and what it means for patients...
> Here are my two favorite slides to look at for what=E2=80=99s upcoming =
in obesity medicine:
> VISIT OUR SPONSORS=21
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> =C2=A9 2026 David Knapp
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<div name=3D=22messageReplySection=22>---------- =46orwarded message ----=
------<br />
<b>=46rom:</b> Dave Knapp from On The Pen &lt;onthepen=40substack.com&gt;=
<br />
<b>Date:</b> Apr 30, 2026 at 9:42=E2=80=AFAM -0400<br />
<b>To:</b> tjphuhs=40gmail.com<br />
<b>Subject:</b> Come =46ollow the Lilly Earnings Call With Me<br />
<br />
<blockquote type=3D=22cite=22><img src=3D=22https://eotrx.substackcdn.com=
/o/b6068d876a1fdaf8/p.gif=3Ftoken=3DeyJtIjoiPDIwMjYwNDMwMTM0MjI5LjMuN2RkM=
zE1ODJkMmMyM2M4MkBtZy1kMS5zdWJzdG=46jay5jb20-IiwidSI6MjczNjIyMzk4LCJyIjoi=
dGpwaHVoc0BnbW=46pbC5jb20iLCJkIjoibWctZDEuc3Vic3RhY2suY29tIiwicCI6MTk1OTk=
4NDM4LCJ0IjoibmV3c2xldHRlciIsImEiOiJldmVyeW9uZSIsInMiOjQ4MDg5OTMsImMiOiJw=
b3N0IiwiZiI6dHJ1ZSwicG9zaXRpb24iOiJ0b3AiLCJpYXQiOjE3Nzc1NTY1NjQsImV4cCI6M=
Tc4MDE0ODU2NCwiaXNzIjoicHViLTAiLCJzdWIiOiJlbyJ9.2xSloGPHk6Hd7pkfWGuQN=46S=
88AoD=5FVizbqPIBxfs4D0=22 alt=3D=22=22 width=3D=221=22 height=3D=221=22 b=
order=3D=220=22 style=3D=22height:1px =21important;width:1px =21important=
;border-width:0 =21important;margin-top:0 =21important;margin-bottom:0 =21=
important;margin-right:0 =21important;margin-left:0 =21important;padding-=
top:0 =21important;padding-bottom:0 =21important;padding-right:0 =21impor=
tant;padding-left:0 =21important;=22 />
<div class=3D=22preview=22 style=3D=22display:none;font-size:1px;color:=23=
333333;line-height:1px;max-height:0px;max-width:0px;opacity:0;overflow:hi=
dden;=22>Lilly earnings are this morning.</div>
<div class=3D=22preview=22 style=3D=22display:none;font-size:1px;color:=23=
333333;line-height:1px;max-height:0px;max-width:0px;opacity:0;overflow:hi=
dden;=22>=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23=
160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=
=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD=
=CD=8F &=23160; =E2=80=87 =C2=AD=CD=8F &=23160; =E2=80=87 =C2=AD</div>
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q=5Fauto:good,fl=5Fprogressive:steep/https%3A%2=46%2=46substack.com%2=46i=
con%2=46LucideHeart%3=46v%3D4%26height%3D36%26fill%3Dnone%26stroke%3D%252=
3808080%26strokeWidth%3D2=22 width=3D=2218=22 height=3D=2218=22 style=3D=22=
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99px;text-transform: uppercase;font-size: 12px;line-height: 1;padding: 9p=
x 0;text-decoration: none;color: rgb(119,119,119);min-width: 38px;box-siz=
ing: border-box;width: 38px=22><img class=3D=22icon=22 src=3D=22https://s=
ubstackcdn.com/image/fetch/=24s=5F=21x1tS=21,w=5F36,c=5Fscale,f=5Fpng,q=5F=
auto:good,fl=5Fprogressive:steep/https%3A%2=46%2=46substack.com%2=46icon%=
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ZW=46jdGlvbiJ9.67StVI3MVo0YLAgjvW5fyNIRhJebLP1AmnJmW9Q=46XnU=22 style=3D=22=
font-family: system-ui,-apple-system,BlinkMacSystem=46ont,'Segoe UI',Robo=
to,Helvetica,Arial,sans-serif,'Apple Color Emoji','Segoe UI Emoji','Segoe=
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0,0,0,.1);border-radius: 9999px;text-transform: uppercase;font-size: 12px=
;line-height: 1;padding: 9px 0;text-decoration: none;color: rgb(119,119,1=
19);min-width: 38px;box-sizing: border-box;width: 38px=22><img class=3D=22=
icon=22 src=3D=22https://substackcdn.com/image/fetch/=24s=5F=21=5FL14=21,=
w=5F36,c=5Fscale,f=5Fpng,q=5Fauto:good,fl=5Fprogressive:steep/https%3A%2=46=
%2=46substack.com%2=46icon%2=46LucideShare2%3=46v%3D4%26height%3D36%26fil=
l%3Dnone%26stroke%3D%2523808080%26strokeWidth%3D2=22 width=3D=2218=22 hei=
ght=3D=2218=22 style=3D=22border: none;vertical-align: middle;max-width: =
18px=22 alt=3D=22=22 /></a></td>
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<table role=3D=22presentation=22 width=3D=2238=22 border=3D=220=22 cellsp=
acing=3D=220=22 cellpadding=3D=220=22>
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ps://substack.com/redirect/2/eyJlIjoiaHR0cHM6Ly9vcGVuLnN1YnN0YWNrLmNvbS9w=
dWIvb250aGVwZW4vcC9jb21lLWZvbGxvdy10aGUtbGlsbHktZW=46ybmluZ3MtY2=46sbD91d=
G1fc291cmNlPXN1YnN0YWNrJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPWVtYWlsLX=
Jlc3RhY2stY29tbWVudCZhY3Rpb249cmVzdG=46jay1jb21tZW50JnI9NGl3b2U2JnRva2VuP=
WV5Sj=46jMlZ5WDJsa0lqb3lOek0yTWpJek9UZ3NJbkJ2YzNSZm=46XUWlPakU1TlRrNU9EUX=
pPQ3dpYVdGMElqb3hOemMzTlRVMk5UWTBMQ0psZUhBaU9qRTNPRE=464TkRnMU5qUXNJbWx6Y=
3lJNkluQj=46ZaTAwT0RBNE9Ua3pJaXdpYzNWaUlqb2ljRzl6ZEMxeVpXRmpkR2x2YmlKOS42=
N1N0VkkzTVZvM=46lMQWdqdlc1ZnlOSVJoSmViT=46AxQW1uSm1XOV=46GWG5VIiwicCI6MTk=
1OTk4NDM4LCJzIjo0ODA4OTkzLCJmIjp0cnVlLCJ1IjoyNzM2MjIzOTgsImlhdCI6MTc3NzU1=
NjU2NCwiZXhwIjoyMDkzMTMyNTY0LCJpc3MiOiJwdWItMCIsInN1YiI6ImxpbmstcmVkaXJlY=
3QifQ.rzwJl2nHrX6uizGbc82vbwpL4gKOqlOhmikAb39X78w=3F&amp;utm=5Fsource=3Ds=
ubstack&amp;utm=5Fmedium=3Demail=22 style=3D=22font-family: system-ui,-ap=
ple-system,BlinkMacSystem=46ont,'Segoe UI',Roboto,Helvetica,Arial,sans-se=
rif,'Apple Color Emoji','Segoe UI Emoji','Segoe UI Symbol';display: inlin=
e-block;font-weight: 500;border: 1px solid rgb(0,0,0,.1);border-radius: 9=
999px;text-transform: uppercase;font-size: 12px;line-height: 1;padding: 9=
px 0;text-decoration: none;color: rgb(119,119,119);min-width: 38px;box-si=
zing: border-box;width: 38px=22><img class=3D=22icon=22 src=3D=22https://=
substackcdn.com/image/fetch/=24s=5F=21ubX=46=21,w=5F36,c=5Fscale,f=5Fpng,=
q=5Fauto:good,fl=5Fprogressive:steep/https%3A%2=46%2=46substack.com%2=46i=
con%2=46notes=5F=5FNoteRestackIcon%3=46v%3D4%26height%3D36%26fill%3Dnone%=
26stroke%3D%2523808080%26strokeWidth%3D2%26strokeLinecap%3Dround%26stroke=
Linejoin%3Dround=22 width=3D=2218=22 height=3D=2218=22 alt=3D=22=22 style=
=3D=22max-width: 550px;border: none =21important;vertical-align: middle;=22=
 /></a></td>
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spacing=3D=220=22 cellpadding=3D=220=22>
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<td style=3D=22vertical-align:middle;=22>
<table role=3D=22presentation=22 width=3D=22auto=22 border=3D=220=22 cell=
spacing=3D=220=22 cellpadding=3D=220=22>
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<tr>
<td align=3D=22center=22><a class=3D=22email-button-outline=22 href=3D=22=
https://open.substack.com/pub/onthepen/p/come-follow-the-lilly-earnings-c=
all=3Futm=5Fsource=3Demail&amp;redirect=3Dapp-store&amp;utm=5Fcampaign=3D=
email-read-in-app=22 style=3D=22font-family: system-ui,-apple-system,Blin=
kMacSystem=46ont,'Segoe UI',Roboto,Helvetica,Arial,sans-serif,'Apple Colo=
r Emoji','Segoe UI Emoji','Segoe UI Symbol';display: inline-block;font-we=
ight: 500;border: 1px solid rgb(0,0,0,.1);border-radius: 9999px;text-tran=
sform: uppercase;font-size: 12px;line-height: 12px;padding: 9px 14px;text=
-decoration: none;color: rgb(119,119,119);=22>
<div class=3D=22email-button-spacer=22 style=3D=22font-size: 16px;line-he=
ight: 26px;display: inline-block;vertical-align: middle;max-width: 0;min-=
height: 18px;=22></div>
<span class=3D=22email-button-text=22 style=3D=22vertical-align: middle;m=
argin-right: 4px=22>READ IN APP</span><img class=3D=22icon text-icon=22 s=
rc=3D=22https://substackcdn.com/image/fetch/=24s=5F=21ET-=5F=21,w=5F36,c=5F=
scale,f=5Fpng,q=5Fauto:good,fl=5Fprogressive:steep/https%3A%2=46%2=46subs=
tack.com%2=46icon%2=46LucideArrowUpRight%3=46v%3D4%26height%3D36%26fill%3=
Dnone%26stroke%3D%2523808080%26strokeWidth%3D2=22 width=3D=2218=22 height=
=3D=2218=22 style=3D=22min-width: 18px;min-height: 18px;border: none;vert=
ical-align: middle;margin-right: 0;margin-left: 0;max-width: 18px=22 alt=3D=
=22=22 /></a></td>
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<tr height=3D=2216=22>
<td height=3D=2216=22 style=3D=22font-size:0px;line-height:0;=22>&=23160;=
</td>
</tr>
</tbody>
</table>
</div>
</div>
<div class=3D=22post typography=22 dir=3D=22auto=22 style=3D=22--image-of=
fset-margin: -120px;padding: 32px 0 0 0;font-size: 16px;line-height: 26px=
;=22>
<div class=3D=22body markup=22 dir=3D=22auto=22 style=3D=22text-align: in=
itial;font-size: 16px;line-height: 26px;width: 100%;word-break: break-wor=
d;margin-bottom: 16px;font-family: 'S=46 Pro Display', -apple-system, sys=
tem-ui, BlinkMacSystem=46ont, 'Inter', 'Segoe UI', Roboto, Helvetica, Ari=
al, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol';=
font-weight: 400;=22>
<p style=3D=22margin: 0 0 20px 0;color: rgb(54,55,55);line-height: 26px;f=
ont-size: 16px;margin-top: 0;=22>Lilly earnings are this morning. I=E2=80=
=99ll be live tweeting my instant reactions on X.</p>
<p style=3D=22margin: 0 0 20px 0;color: rgb(54,55,55);line-height: 26px;f=
ont-size: 16px;=22>Real-time updates, for those who can=E2=80=99t listen=E2=
=80=A6 This is going to be an interesting call with lots of pipeline disc=
ussion=21</p>
<p style=3D=22margin: 0 0 20px 0;color: rgb(54,55,55);line-height: 26px;f=
ont-size: 16px;=22><strong>=F0=9F=91=89 =46ollow along here</strong></p>
<table class=3D=22twitter-embed tweet=22 role=3D=22presentation=22 width=3D=
=22100%=22 border=3D=220=22 cellspacing=3D=220=22 cellpadding=3D=220=22 d=
ata-component-name=3D=22TweetToDOMStatic=22 style=3D=22background: rgb(25=
5,255,255);color: rgb(54,55,55);display: flex;flex-direction: column;gap:=
 12px;max-width: 550px;margin: 32px auto;border: 1px solid rgb(0,0,0,.1);=
direction: ltr;border-radius: 12px;padding: 16px 16px 12px;font-family: s=
ystem-ui,-apple-system,BlinkMacSystem=46ont,'Segoe UI',Roboto,Helvetica,A=
rial,sans-serif,'Apple Color Emoji','Segoe UI Emoji','Segoe UI Symbol';fo=
nt-size: 14px;line-height: 20px;font-weight: 400;box-sizing: border-box;-=
webkit-font-smoothing: antialiased;text-rendering: optimizelegibility;tra=
nsition: color .25scubic-bezier(.19,1,.22,1),background-color .25scubic-b=
ezier(.19,1,.22,1),box-shadow .25scubic-bezier(.19,1,.22,1),border .25scu=
bic-bezier(.19,1,.22,1),border-radius .25scubic-bezier(.19,1,.22,1),opaci=
ty .25scubic-bezier(.19,1,.22,1),filter .25scubic-bezier(.19,1,.22,1),str=
oke .25scubic-bezier(.19,1,.22,1),transform .25scubic-bezier(.19,1,.22,1)=
,scale .25scubic-bezier(.19,1,.22,1),outline .25scubic-bezier(.19,1,.22,1=
);margin-bottom: 20px;margin-top: 20px=22>
<tbody>
<tr>
<td style=3D=22padding:0px;=22><a href=3D=22https://substack.com/redirect=
/057add5b-8e0a-4fec-8f47-5a18a0b9c747=3Fj=3DeyJ1IjoiNGl3b2U2In0.sVDxRtmZ8=
5v8kfdamY0krRXGMy3p768BWtuZifRB-Zs=22 style=3D=22text-decoration:none;col=
or:inherit;display:block;=22>
<table role=3D=22presentation=22 width=3D=22auto=22 border=3D=220=22 cell=
spacing=3D=220=22 cellpadding=3D=220=22>
<tbody>
<tr>
<td>
<table role=3D=22presentation=22 width=3D=22auto=22 border=3D=220=22 cell=
spacing=3D=220=22 cellpadding=3D=220=22>
<tbody>
<tr>
<td style=3D=22vertical-align:middle;=22><img class=3D=22custom-css-email=
-avatar avatar-QIQ5yR=22 src=3D=22https://substackcdn.com/image/fetch/=24=
s=5F=21mmlq=21,f=5Fauto,q=5Fauto:good,fl=5Fprogressive:steep/https%3A%2=46=
%2=46pbs.substack.com%2=46profile=5Fimages%2=462009463593637449728%2=46u-=
ieMTW0.jpg=22 alt=3D=22X avatar for =40ManOnThePen=22 style=3D=22box-sizi=
ng: border-box;border: none;vertical-align: middle;-ms-interpolation-mode=
: bicubic;max-width: 100%;width: 40px;height: 40px;min-width: 40px;min-he=
ight: 40px;object-fit: cover;margin: 0px;display: inline;border-radius: 5=
0%=22 width=3D=2240=22 height=3D=2240=22 /></td>
<td width=3D=2212=22 style=3D=22min-width:12px;=22></td>
<td style=3D=22vertical-align:middle;=22>
<table role=3D=22presentation=22 width=3D=22auto=22 border=3D=220=22 cell=
spacing=3D=220=22 cellpadding=3D=220=22>
<tbody>
<tr>
<td>
<div class=3D=22pencraft pc-reset line-height-20-t4M0El font-text-qe4AeH =
size-13-hZTUKr weight-semibold-uqA4=46V reset-IxiVJZ=22 style=3D=22list-s=
tyle: none;color: unset;font-size: 13px;line-height: 20px;text-decoration=
: unset;margin: 0;font-family: system-ui,-apple-system,BlinkMacSystem=46o=
nt,'Segoe UI',Roboto,Helvetica,Arial,sans-serif,'Apple Color Emoji','Sego=
e UI Emoji','Segoe UI Symbol';font-weight: 600;=22>On The Pen=E2=84=A2</d=
iv>
</td>
</tr>
<tr>
<td>
<div class=3D=22pencraft pc-reset color-secondary-ls1g8s line-height-20-t=
4M0El font-text-qe4AeH size-13-hZTUKr weight-regular-mUq6Gb reset-IxiVJZ=22=
 style=3D=22list-style: none;font-size: 13px;line-height: 20px;text-decor=
ation: unset;color: rgb(119,119,119);margin: 0;font-family: system-ui,-ap=
ple-system,BlinkMacSystem=46ont,'Segoe UI',Roboto,Helvetica,Arial,sans-se=
rif,'Apple Color Emoji','Segoe UI Emoji','Segoe UI Symbol';font-weight: 4=
00;=22>=40ManOnThePen</div>
</td>
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</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr height=3D=2212=22>
<td></td>
</tr>
<tr>
<td>
<div class=3D=22pencraft pc-reset line-height-20-t4M0El font-text-qe4AeH =
size-15-Psle70 weight-regular-mUq6Gb reset-IxiVJZ text-a=46N1BV=22 style=3D=
=22list-style: none;color: unset;font-size: 15px;line-height: 20px;text-d=
ecoration: unset;margin: 0;font-family: system-ui,-apple-system,BlinkMacS=
ystem=46ont,'Segoe UI',Roboto,Helvetica,Arial,sans-serif,'Apple Color Emo=
ji','Segoe UI Emoji','Segoe UI Symbol';font-weight: 400;white-space: pre-=
wrap=22>=24LLY Most earnings threads will cover EPS and guidance. Mine wi=
ll cover what it means for patients living with obesity. =24LLY =F0=9F=A7=
=B5 =40EliLillyandCo earnings: live now. =46ollow here=F0=9F=91=87=F0=9F=91=
=87=F0=9F=91=87</div>
</td>
</tr>
<tr height=3D=2212=22>
<td></td>
</tr>
<tr>
<td>
<table role=3D=22presentation=22 width=3D=22auto=22 border=3D=220=22 cell=
spacing=3D=220=22 cellpadding=3D=220=22 style=3D=22width:100%;=22>
<tbody>
<tr>
<td>
<div class=3D=22pencraft pc-reset color-secondary-ls1g8s line-height-20-t=
4M0El font-text-qe4AeH size-13-hZTUKr weight-regular-mUq6Gb reset-IxiVJZ=22=
 style=3D=22list-style: none;font-size: 13px;line-height: 20px;text-decor=
ation: unset;color: rgb(119,119,119);margin: 0;font-family: system-ui,-ap=
ple-system,BlinkMacSystem=46ont,'Segoe UI',Roboto,Helvetica,Arial,sans-se=
rif,'Apple Color Emoji','Segoe UI Emoji','Segoe UI Symbol';font-weight: 4=
00;=22><span class=3D=22pencraft pc-reset reset-IxiVJZ=22 style=3D=22list=
-style: none;color: unset;text-decoration: unset;margin: 0;=22>1:31 PM =C2=
=B7 Apr 30, 2026</span> <span class=3D=22pencraft pc-reset reset-IxiVJZ=22=
 style=3D=22list-style: none;color: unset;text-decoration: unset;margin: =
0;=22>=C2=B7</span> <span class=3D=22pencraft pc-reset reset-IxiVJZ=22 st=
yle=3D=22list-style: none;color: unset;text-decoration: unset;margin: 0;=22=
>28 Views</span></div>
<div class=3D=22emailSeparator-mtbezJ=22 style=3D=22border-bottom: 1px so=
lid rgb(0,0,0,.1);width: 100%;height: 0;font-size: 16px;line-height: 26px=
;=22></div>
<div class=3D=22pencraft pc-reset color-secondary-ls1g8s line-height-20-t=
4M0El font-text-qe4AeH size-13-hZTUKr weight-regular-mUq6Gb reset-IxiVJZ=22=
 style=3D=22list-style: none;font-size: 13px;line-height: 20px;text-decor=
ation: unset;color: rgb(119,119,119);margin: 0;font-family: system-ui,-ap=
ple-system,BlinkMacSystem=46ont,'Segoe UI',Roboto,Helvetica,Arial,sans-se=
rif,'Apple Color Emoji','Segoe UI Emoji','Segoe UI Symbol';font-weight: 4=
00;=22><span class=3D=22pencraft pc-reset reset-IxiVJZ=22 style=3D=22list=
-style: none;color: unset;text-decoration: unset;margin: 0;=22>1 Like</sp=
an></div>
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</a></td>
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<p style=3D=22margin: 0 0 20px 0;color: rgb(54,55,55);line-height: 26px;f=
ont-size: 16px;=22>Later today I=E2=80=99ll be dropping my video roundup,=
 the full picture, and what it means for patients...</p>
<p style=3D=22margin: 0 0 20px 0;color: rgb(54,55,55);line-height: 26px;f=
ont-size: 16px;=22>Here are my two favorite slides to look at for what=E2=
=80=99s upcoming in obesity medicine:</p>
<p style=3D=22margin: 0 0 20px 0;color: rgb(54,55,55);line-height: 26px;f=
ont-size: 16px;=22></p>
<div class=3D=22captioned-image-container-static=22 style=3D=22font-size:=
 16px;line-height: 26px;margin: 32px auto;=22>
<figure style=3D=22width: 100%;margin: 0 auto;=22>
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