Current location:Worldly Window news portal > style
Lilly rides Mounjaro, Zepbound to better
Worldly Window news portal2024-05-21 20:42:17【style】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://www.camilleandconfettis.com/content-26c899120.html
Very good!(3595)
Related articles
- Eleanor Tomlinson puts on a leggy display in sparkly black minidress as she joins co
- Politics updates: Government defends transport plan, Luxon has to fly commercial
- Princess of Wales in hospital, King Charles to get prostate treatment
- Israel hits Gaza's Rafah; Hamas chief's trip raises truce hopes
- Ravens sign WR Qadir Ismail, the son of former NFL receiver Qadry Ismail
- Weather: Cloudy, wet week expected for most
- Motor racing Jos Verstappen's outburst raises big questions for Red Bull
- Grammys 2024: Music's elite gather for 66th annual awards
- The unstoppable duo of Emma Stone and Yorgos Lanthimos
- Police reach end of pay negotiations, new offer on table
Popular articles
Recommended
Children are evacuated from school 'during an exam' after threat made via email
Oscars 2024: Barbie's Greta Gerwig and Margot Robbie miss key nominations
Coalition government falling short on mosque attack anniversary
Harrison Ford's Star Wars script sells at auction
The unstoppable duo of Emma Stone and Yorgos Lanthimos
London police say chemical attacker presumed dead
Japan unexpectedly slips into a recession
Wait times to see health specialists rise, childhood immunisations fall
Links
- North Korea files short
- Chinese museums receive 73 mln visits during Spring Festival holiday
- Norway’s King Harald, Europe’s oldest monarch, is back at work after pacemaker implants
- Philippines, US launch yearly large
- Victoria Beckham and her mini
- Express files for Chapter 11 bankruptcy protection, announces store closures, possible sale
- David Beckham's best pal Dave Gardner reveals guests at Victoria's star
- Michael Jordan celebrates NASCAR Talladega win with driver Tyler Reddick's son
- The Princess Bride star Cary Elwes reflects on how his role in 1980s cult classic changed his life
- 4 Germans caught marking Hitler's birthday outside Nazi dictator's birthplace in Austria