Current location:World Wisdom news portal > entertainment
Lilly rides Mounjaro, Zepbound to better
World Wisdom news portal2024-05-21 20:57:40【entertainment】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://dominica.3elevenboutique.com/html-82f499498.html
Very good!(7791)
Related articles
- Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky
- UN chief calls for reform of global financial architecture, particularly with regard to debt
- Gossip Girl star Leighton Meester gets into character as she joins co
- Valerie Bertinelli, 63, gushes over her 10
- Ohio judge to rule Monday on whether the state’s abortion ban stands
- Khloe Kardashian, 39, cradles 'my baby' Tatum, 20 months, on private jet in heart
- Gemma Collins shows off her curves in a 'candy' co
- Blues and Brumbies to meet in a pivotal Super Rugby Pacific showdown; Fijians host the Hurricanes
- Company wins court ruling to continue development of Michigan factory serving EV industry
- New Mexico voters can now sign up to receive absentee ballots permanently
Popular articles
Recommended
Auburn running back Brian Battie on ventilator after weekend shooting in Florida, coach says
Bryce Miller and 3 relievers combine on a 1
Kanye West sheds his usual all
Kanye West sheds his usual all
Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
Ukraine welcomes fresh military aid from EU
Wednesday adds Steve Buscemi to highly
North Carolina sees slight surplus this year, $1B more next year
Links
- Xinhua Headlines: From Serfdom to Freedom — Tibet's Progress on Democracy, Human Rights
- China Calls for More Efforts to Protect Revolutionary Cultural Relics
- China's Poverty Reduction Sets Example for the World: Report
- Shanghai International Film Festival ready for action this June
- China to Highlight Green, Low
- China Implements Differentiated Epidemic Control Measures in Factories to Keep Production Stable
- Art Class Enables Children with Autism to Socialize
- Xizang commemorates 65th anniversary of democratic reform that ended feudal serfdom
- ICH Drives Rural Revitalization in Guizhou
- China Releases List of Most