Current location:Global Grandeur news portal > world
Lilly rides Mounjaro, Zepbound to better
Global Grandeur news portal2024-05-21 17:45:03【world】7People 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.
Address of this article:http://kiribati.tom-paine.com/content-15b799242.html
Very good!(9)
Related articles
- Independent UN experts urge Yemen’s Houthis to free detained Baha'i followers
- Gasser pitches 6 shutout innings in his debut as Brewers roll past slumping Cardinals 11
- Newcomer Arraez hits a walk
- They made one
- Yu Darvish extends scoreless innings streak to 25 in Padres' 9
- US plans to impose major new tariffs on EVs, other Chinese green energy imports, AP sources say
- Billionaire ex
- Gastronomy festival on Seine marks 60th anniversary of China
- Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang
- Billionaire ex
Popular articles
Recommended
Kristin Cavallari, 37, ignores critics of her age
Mariners' top reliever Matt Brash to miss the rest of season after Tommy John surgery
David Beckham DIDN'T like his Netflix documentary at first
Solar storm hits Earth, producing northern lights in US
Siblings trying to make US water polo teams for Paris Olympics
Sarah Jessica Parker channels 1998 Carrie Bradshaw as she sports pink tutu
Ashley Roberts puts on a leggy display in a sequinned gold thigh
Bedard scores twice as Canada rallies to beat Britain 4
Links
- More US steps on chips seen as harmful
- Xi Story: Environment First for the Yangtze River
- China Eastern Airlines to operate more C919 planes
- Number of round
- Xi Story: On Fast Track for Development
- US urged to stop slandering TikTok
- Images: 2023 World Internet of Things Exposition
- Chinese premier stresses boosting high
- Workers advanced carbon
- Xi Focus: Decoding Xi Jinping Thought on Culture Through His Inspection Visit to Jiangxi