Current location:style >>
Lilly rides Mounjaro, Zepbound to better
style6275People 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.“Cosmic Compass news portal”。http://bangladesh.ultrasupramonte.com/html-60c299642.html
Related articles
Grant Shapps vows he WILL find more planes for mass parachute drop to mark 80th anniversary of D
styleGrant Shapps today vowed to find more planes for a mass parachute jump to mark the 80th anniversary ...
【style】
Read moreRuby Franke: Parenting advice YouTuber given maximum sentence for child abuse
styleRuby Franke. Photo: Ruby Franke/YouTube ...
【style】
Read moreGroup calls on goverment to withdraw Accessibility for New Zealanders Bill
styleAccess Matters Aotearoa lead campaigner Juliana Carvalho. Photo: RNZ / Pretoria Gordon ...
【style】
Read more
Popular articles
- China's first intelligent offshore drilling platform installed
- Community housing developments stall as government funding not guaranteed
- Fire kills 43 in Bangladesh capital
- Motor racing Jos Verstappen's outburst raises big questions for Red Bull
- Julian Assange's five
- Community housing developments stall as government funding not guaranteed
Latest articles
Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
Community housing developments stall as government funding not guaranteed
Japan unexpectedly slips into a recession
Watch: Christopher Luxon speaks on anniversary of mosque attacks
'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
Government 'looking at' mining on DOC lands
LINKS
- Top 10 buzzwords in China in 2023
- Chinese sci
- Klauss, Bürki propel St. Louis City to 1
- China's Jiangsu Acrobatic Troupe performs in Stuttgart of Germany
- Rosario and Pinto homer off Snell in his return to Tropicana Field, Rays beat Giants 9
- Feature: Chinese
- A sneak peek inside China's first Northeast folk culture
- Innovation boosts revival of China's cultural, tourist industry
- Corbin Burnes labors through 5 innings against his former team, but keeps Orioles close vs. Brewers
- Tomas Hertl's power