Current location:International Intervals news portal > style
Lilly rides Mounjaro, Zepbound to better
International Intervals news portal2024-05-01 05:39:54【style】9People 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://barbados.shellye-mcdaniel.com/content-04f499545.html
Very good!(4)
Related articles
- DAILY MAIL COMMENT: A very good day for our united kingdom
- The Biden administration recruits 15 states to help enforce airline consumer laws
- Blake Griffin retires after a high
- Treasurer denies South Carolina Senate accusation he risked cyberattack in missing $1.8B case
- Audit finds Wisconsin Capitol Police emergency response times up, calls for better tracking
- Browns QB Deshaun Watson throwing full speed after shoulder surgery, timetable for return unknown
- Indiana sheriff's deputy dies after coming into contact with power lines at car crash scene
- BYU hires Suns assistant Kevin Young to replace Mark Pope, who left to coach Kentucky
- Walmart shutting down its 51 health care clinics, virtual care service
- China's spy agency encourages people to see spies everywhere — Radio Free Asia
Popular articles
Recommended
Lilly rides Mounjaro, Zepbound to better
2 men exchange gunfire at Flint bus station, leaving 1 in critical condition
Georgia prosecutors renew challenge of a law they say undermines their authority
Trump says New York judge won’t let him attend son’s graduation, no ruling has been made
CRAIG BROWN: The killer who wants to be Donald Trump's running mate
Browns QB Deshaun Watson throwing full speed after shoulder surgery, timetable for return unknown
Dr. Martens stock plunges after dour US revenue outlook
Blake Griffin retires after a high
Links
- Australians Grace Kim and Hannah Green tied for lead in LPGA Tour’s JM Eagle LA Championship
- Dodgers extend winning streak to 6 as Tyler Glasnow gets first career victory against Blue Jays
- 3 children in minivan hurt when it rolled down hill, into baseball dugout wall in Illinois
- Milla Jovovich talks babysitting for Fifth Element co
- Two Russian journalists jailed on 'extremism' charges for alleged work for Navalny group
- Married at First Sight's love guru reveals the biggest faux pas people make on a first date
- Panthers put more offensive playmakers around young QB Bryce Young in NFL draft
- World's largest Peppa Pig outdoor theme park to open in Shanghai
- The Giants got a big
- Lightning D Sergachev is surprise addition to roster for must