Current location:Global Gateway news portal > entertainment
Lilly rides Mounjaro, Zepbound to better
Global Gateway news portal2024-05-22 01:43:36【entertainment】7People 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://vietnam.e-directivos.com/html-37d998998.html
Very good!(26985)
Related articles
- Sienna Miller's lookalike daughter Marlowe, 11, makes her first ever red carpet appearance
- Kentucky angler nabs a 200
- Ballerina, 15, is killed in hit
- Billionaire Arthur Irving, one of Canada's richest men, dies at age 93
- Verona confirms Serie A status for another year after beating Salernitana
- Questions and grief linger at the apartment door where a deputy killed a US airman
- BAFTA TV Awards 2024 winners: Full list of who picked up gongs on the night
- Hairdresser introduces chat
- Everybody may love Raymond, but Ray Romano loves Peter Boyle
- Massachusetts is turning a former prison into a shelter for homeless families
Popular articles
Recommended
The government wants to buy their flood
Canadian wildfire smoke chokes upper Midwest for second straight year
Collapsing billboard kills 3 and hurts 59 in heavy rains in Mumbai. Scores might be trapped
BAFTA TV Awards 2024 winners: Full list of who picked up gongs on the night
MPs' fury at 'virtue
Prince William reveals he 'keeps an eye' on Ukraine as he meets woman from the war
Clarifications and corrections
Violent protests continue in Pakistan
Links
- At least 1 dead in Florida as storms continue to pummel the South in a week of severe weather
- PGA CHAMPIONSHIP '24: Capsules of 10 key players at Valhalla
- My husband died in a snorkeling accident in Hawaii
- US pledges money and other aid to help track and contain bird flu on dairy farms
- Inside a makeshift shelter saving hundreds of dogs from floods in southern Brazil
- Former Alabama pitcher Montana Fouts to join Athletes Unlimited for AUX season
- Gunmen abduct 9 students in Nigeria's north in the latest attack targeting schools
- Malta’s deputy prime minister resigns, ends EU Commission bid, as he faces charges in hospital deal
- Gossiping cats, a headless horse and a kung fu
- Everton drops appeal against Premier League points deduction after staving off relegation