Drugmaker Eli Lilly reports near 40% jump in quarterly profit -Breaking
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© Reuters. FILE PHOTO – A sign outside an Eli Lilly and Company pharmacy manufacturing plant is seen in Branchburg (New Jersey), March 5, 2021. Picture taken March 5, 2021. REUTERS/Mike Segar/File Photo(Reuters) – Eli Lilly and Co, a drugmaker, reported a close 40% increase in its quarterly profit Thursday. The company was helped by strong sales of the diabetes drug and more recent cancer treatments.
The net income grew to $1.90billion or $2.10 per shares in the quarter that ended March 31, compared with $1.36billion or $1.49 a share a year ago.
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