Current location:politics >>
Lilly rides Mounjaro, Zepbound to better
politics7569People have gathered around
IntroductionRapidly climbing sales of the new obesity drug Zepbound and its counterpart for diabetes, Mounjaro, ...
Rapidly climbing sales of the new obesity drug Zepbound and its counterpart for diabetes, Mounjaro, pushed Eli Lilly to a better-than-expected first-quarter profit.
The drugmaker also hiked its sales and earnings forecast for 2024 beyond Wall Street’s expectations even as it hustles to boost manufacturing and catch up to surging demand for the drugs.
Lilly said it was still dealing with supply issues that also hampered the company in the fourth quarter. Company officials expect that to persist through this year, but they emphasized Tuesday that help was on the way.
They expect significant manufacturing increases to occur, starting in the back half of the year.
CEO David Ricks told analysts Tuesday that Lilly was undergoing “the most ambitious expansion plan in our company’s history.”
Indianapolis-based Eli Lilly and Co. recorded $517 million in sales from Zepbound, which received approval from U.S. regulators last November. Total Mounjaro sales more than tripled to $1.81 billion from $568 million in last year’s quarter.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Culture Chronicles news portal”。http://norway.unhasdecoradas.org/content-15b799242.html
Related articles
Celebrity tequila brands, like George Clooney
politicsMost popular tequila brands, including celebrity labels like Casamigos and Kendall Jenner's 818, inc ...
【politics】
Read moreVirginia General Assembly poised to vote on compromise budget deal reached with Youngkin
politicsRICHMOND, Va. (AP) — Public schools would get more funding, teachers and other government workers wo ...
【politics】
Read moreBAFTA TV Awards 2024 winners: Full list of who picked up gongs on the night
politicsIt was a night full of snubs and shock wins as stars gathered to celebrate another year of the Briti ...
【politics】
Read more
Popular articles
- 'The Apprentice,' about a young Donald Trump, premieres in Cannes
- Indonesian police raid drug lab in Bali villa
- Nimmo shakes off injury, comes off bench and hits 2
- Indonesian police raid drug lab in Bali villa
- Student fatally shot, suspect detained at Georgia's Kennesaw State University
- US company Booking Holdings added to European Union's list of for strict digital scrutiny
Latest articles
Norwegian Cruise Line, Wix.com rise; Cushman & Wakefield, Target fall, Monday, 5/20/2024
British prime minister warns of 'axis of authoritarian states' in pre
3 men charged in Whitey Bulger's killing have plea deals, prosecutors say
Trump hush money trial: What to know about Michael Cohen's testimony
Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
Nimmo shakes off injury, comes off bench and hits 2
LINKS
- Türkiye's Istanbul welcomes 1st Chinese tourist group after pandemic
- Hong Kong, mainland self
- World champions aim to refresh records in Xiamen
- China's Lin dashes Fan's title defense hopes at ITTF World Cup
- Migrant camps spring up in gentrifying neighborhood with a Soho House and caviar
- Fallacies and facts about China's 'overcapacity'
- Bayern without fans against Arsenal, Dortmund facing knockout monsters Atletico
- Guangdong avenge Shandong, seal 6th straight win
- Speed and pitching lift the Nationals to a 3
- The North Korean official whose propaganda helped build the Kim dynasty dies at 94