Current location:World Wave news portal > entertainment
Lilly rides Mounjaro, Zepbound to better
World Wave news portal2024-05-21 23:36:54【entertainment】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://japan.camilleandconfettis.com/content-60c299642.html
Very good!(7338)
Related articles
- Kristin Cavallari, 37, ignores critics of her age
- Japanese Prime Minister Fumio Kishida addresses Congress amid skepticism about US role abroad
- California court affirms Kevin McCarthy protege's dual candidacies on state ballot
- Republicans debate ahead of runoff for Alabama congressional seat
- Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
- US consumer sentiment falls slightly as outlook for inflation worsens
- Bryson DeChambeau, matured in both game and attitude, opens with 65 to lead the Masters
- California court affirms Kevin McCarthy protege's dual candidacies on state ballot
- Joe Rogan's 'brain
- Knicks top Nets 111
Popular articles
Recommended
How Robert F. Kennedy Jr. could make the first debate stage
Democrats pounce on Arizona Supreme Court's abortion ruling
Trump's hush money trial: What to know with jury selection to begin Monday
Biden looks to nudge further ahead with Alaska and Wyoming Democratic delegates
Candice Swanepoel wows in a shimmering black flared jumpsuit as she joins ab
Republican Sen. Rick Scott softens his abortion position after Florida Supreme Court ruling
'HELP' sign on beach points Navy and Coast Guard aviators to men stuck on Pacific atoll
Election 2024: Latino voters are a target for misinformation
Links
- Lok Sabha elections 2024: Why Modi and BJP face strong resistance in south India
- Rain cheque: The Singapore hotel that will pay YOU if there's a downpour
- 3 Indian nationals charged with killing Canadian Sikh separatist leader make first court appearance
- Poland's Tusk calls secret services meeting after defection of judge to Belarus
- Met Gala no
- Badosa shows signs of her old form in a win over Andreeva at the Italian Open
- Demi Lovato dazzles in metallic Prabal Gurung gown at 2024 Met Gala
- US service member shot and killed by Florida police identified by the Air Force
- Medicare and Social Security go
- Minnesota ethics panel to consider how to deal with senator charged with burglary