Current location:International Imagery news portal > politics
Lilly rides Mounjaro, Zepbound to better
International Imagery news portal2024-05-22 10:55:37【politics】4People 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://clippertonisland.spaceforanything.com/content-60c299642.html
Very good!(1)
Related articles
- New Zealand Black Caps fans look to Twenty20 World Cup with hope, trepidation
- LeBron James becomes first player to score 40000 points
- Blinken assures US support of Black Sea allies as Ukraine urges military aid during conference
- Raptors hand Wizards franchise
- New Zealand Black Caps fans look to Twenty20 World Cup with hope, trepidation
- Couple collaborate to popularize contemporary art songs
- Moment Meghan Markle asks woman not to pose next to Prince Harry for Polo prizegiving photo
- Verstappen eases to win in 2024 F1 season opener
- Trump says he is open to restrictions on contraception before backing away from the statement
- Juventus back on form with 1
Popular articles
Recommended
Kansas takes control in the ninth and beats Kansas State in the opener of the Big 12 Tournament
Pic story of cultural relics guardian at Faxing Temple in N China
Guangdong rally by Fujian, Sichuan lose 12th in a row
Azerbaijan urges top UN court to toss out Armenian case alleging racial discrimination
Testimony at Sen. Bob Menendez's bribery trial focuses on his wife's New Jersey home
Guangdong rally by Fujian, Sichuan lose 12th in a row
China launches satellites to monitor atmospheric, space environments
Prince Harry looks relaxed as he makes another cameo in posh world of polo
Links
- Ralph Lauren goes minimal for latest fashion show, with muted tones and a more intimate setting
- ‘Kraven the Hunter’ release delayed until December
- Ahead of the Paris Olympics, police clear a migrant camp near City Hall
- Refugee agency chief warns that the number of Syrians leaving Lebanon is likely to rise
- AP Sports Week in Pictures
- Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing
- United Methodists begin to reverse longstanding anti
- Encino out of Kentucky Derby, Epic Ride joins the 20
- Cupid's stunt snares fugitive, 27, and his mother, 51, in Cape Town following six
- 'Obsessed' ex