PresentationRay, I thought I'd turn it over to you for some opening remarks before we go into questions. But thanks so much again.Great. Thanks for joining us, everyone. I'm Terence Flynn, the U.S. biopharma analyst here at Morgan Stanley. I'm very pleased to be hosting Structure Therapeutics. Joining us today from the company, we have the company's CEO, Ray Stevens. Ray, thanks so much for being here. Just before we get started, for important disclosures, please see the Morgan Stanley research disclosure w ...

Shares of Eli Lilly (LLY) soared 14.3% on April 17 after data from a late-stage study showed that orforglipron achieved the primary goal of significantly reducing A1C levels compared to placebo at 40 weeks, with an average A1C reduction of 1.3% to 1.6% from a baseline of 8%. LLY's orforglipron is an investigational, once- daily small-molecule oral GLP-1 receptor agonist that can be administered at any time of the day without restrictions on food and water intake. The phase III ACHIEVE-1 study, the first of ...