Current location:Culture Clutch news portal > sport
Lilly rides Mounjaro, Zepbound to better
Culture Clutch news portal2024-05-21 17:56:10【sport】1People 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://china.adventistmissionjapan.org/content-59e199754.html
Very good!(546)
Related articles
- Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
- Moment Harry chuckles as he's asked 'are you happy to be home' during whistle
- North Carolina may join other states in codifying antisemitism definition
- Democrats commit $7 million to TV ads in five key state Senate races
- Justin Timberlake set to bring his The Forget Tomorrow World Tour to Australia in 2025
- Brayan Rocchio's RBI hit in the 10th gives the Guardians a 5
- Why the US paused the delivery of bombs to Israel ahead of possible Rafah attack
- Caitlin Clark, Indiana Fever embrace notion of using charter flights for WNBA travel
- Ship that caused Baltimore bridge collapse has been refloated
- Alabama schedules second execution by nitrogen gas
Popular articles
Recommended
Here comes the char
Dating coach dishes on his 'five
Nicaragua cancels a controversial Chinese interoceanic canal concession after nearly a decade
Sarah Jessica Parker reveals she couldn't sit DOWN in structured corset gown at Met Gala 2024
Baby Reindeer's real
In the NIL landscape, schools are turning to companies to train and manage in
Wood scores 11:03 in OT as Avalanche finish off 3
Moment Harry chuckles as he's asked 'are you happy to be home' during whistle
Links
- Biden administration tightens rules for obtaining medical records related to abortion
- Maui officials push back on some details in Hawaii attorney general report on deadly wildfire
- Matt Ryan calls it a career. The quarterback officially announces his retirement
- Ooh la lovely! Inside one of Paris's hottest new hotels
- Orlando Magic guard Jalen Suggs helped off with left leg injury in Game 2 against Cavaliers
- Yangtze River Delta put into focus
- Met officer admits dispersal order 'breached by Tommy Robinson at march against anti
- Minnesota state senator arrested on suspicion of burglary
- North Korean leader Kim leads rocket drills that simulate a nuclear counterattack against enemies
- US report: ‘Ethnic cleansing’ of Rohingya took place last year — Radio Free Asia