Eli Lilly posted an odd message on the social networking site. Someone pretending to be the pharmaceutical giant apologized for misleading the public with a false statement.
It is not free to buy the product from the company.
The real handle of Eli Lilly is LillyPad, and it is thanks to the changes that have been introduced at the micro-blogging site. The prankers were able to make an official-looking account by paying $8 a month for the service. The new subscription service has a blue check that used to signify that accounts were legit.
Eli Lilly's stock plummeted hours after the fake post. The drop was related to the post. There was a fake account that said that the company was stopping weapons sales in some countries.
Lockheed Martin stock is down more than 5% a day after a Twitter Blue-verified account impersonated the defense company and said it was halting sales to certain countries, including the U.S.
Similar declines at Eli Lilly after an impersonator Twitter account. $LMT $LLY pic.twitter.com/TTQrmGUyCV
— David Slotnick david_slotnick@mastodon.world (@David_Slotnick) November 11, 2022
Major League Baseball pitcher Aroldis Chapman claimed he signed a deal he didn't, but he was actually targeted by a prank on Nintendo and Valve.
The blue account was not available Friday.
Before Musk took control of the platform, blue checks were given out to notable and trustworthy sources.
In an update to its app on Apple devices, the company said that users could receive the blue checkmark next to their names, just like celebrities, companies, and politicians.
In the case of the Eli Lilly hoax, the door was open for prankers.
Pressure has been put on the pharma companies over the high price of drugs. The Inflation Reduction Act included a provision capping the out-of-pocket cost for diabetes medication at $35 a month for Medicare beneficiaries.
Eli Lilly apologized to those who received a false message from a fake Lilly account. There is an official account for us.
The second fake account used by Eli Lilly was called LillyPad Co. Humalog, a diabetes drug sold by Eli Lilly, is now $400 after the company pretended to be its real account. There is nothing you can do to stop us from doing this. It's a good thing to suck it.
The pharmaceutical company is committed to making sure patients and customers get accurate information about their medicines, according to a spokesman for the company. We are working to correct the situation with fake/parody accounts for Lilly.
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