Current location:International Insights news portal > sport
Lilly rides Mounjaro, Zepbound to better
International Insights news portal2024-05-21 21:15:24【sport】2People 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://armenia.nanorelatosmagicos.com/content-26c899120.html
Very good!(4)
Related articles
- Target starts price war with Walmart by slashing the cost of 5,000 popular items
- Serious Fraud Office's appeal against NZ First Foundation acquittal dismissed
- Argentine ant sniffer dog averts potential disaster on Matiu / Somes Island
- 24% rates hikes proposed for Napier
- Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise
- Luxon says position on Treaty bill clear, but doesn't unequivocally rule it out
- Wilmer Valderrama talks NCIS franchise's 1,000th episode, show's enduring legacy
- Knife attack at China school injures dozens
- Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
- Government likened to 'dinosaurs behaving as though it's 1948' over te reo Māori use
Popular articles
Recommended
'Real life' Martha from Baby Reindeer's million
Christopher Luxon's reo Māori lessons paid for by taxpayer
Foodstuffs recalls pre
Coronavirus: China to temporarily ban foreign nationals from entering in bid to reduce COVID
Ship that caused Baltimore bridge collapse has been refloated
Politics updates: Kāinga Ora crackdown, changes to plug
Cluster fears over new HK virus cases
Health Minister Shane Reti offers cursory response over smokefree protest
Links
- Massachusetts House launches budget debate, including proposed spending on shelters, public transit
- NFL star Tyreek Hill hints he has TEN kids in new interview and insists he takes care of them all
- Tesla driver in deadly Seattle
- The US is now allowed to seize Russian state assets. How would that work?
- Fans voice mixed reactions as Chicago Bears release stunning AI
- With an assist from the Denver Broncos, Colorado becomes 11th state to sanction girls flag football
- Authorities in Togo are cracking down on media and the opposition, report says ahead of election
- Judge declines to dismiss lawsuits filed against rapper Travis Scott over deadly Astroworld concert
- Hannah Waddingham looks incredible in pink tweed co
- Election 2024: Casey, McCormick to face each other in Pennsylvania Senate race