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Lilly Eli & Co - LLY STOCK NEWS

Welcome to our dedicated page for Lilly Eli & Co news (Ticker: LLY), a resource for investors and traders seeking the latest updates and insights on Lilly Eli & Co stock.

Overview

Lilly Eli & Co (LLY) is a globally recognized pharmaceutical powerhouse with a heritage that spans nearly a century and a half. Founded in 1876 by Colonel Eli Lilly, the company has consistently transformed scientific research into life‐changing therapies while establishing itself as an authority in pharmaceutical innovation. Operating from its headquarters in Indianapolis, Indiana, Lilly Eli & Co has built a network that spans multiple continents and markets, embodying a commitment to advanced research and manufacturing excellence.

Business Model and Core Competencies

The company generates revenue primarily through the development, production, and global distribution of therapeutic medicines. Its diverse portfolio is underpinned by breakthrough R&D in biotechnology and chemical synthesis. By leveraging strategic investments in research, the company has developed innovative treatments for critical areas such as diabetes, oncology, immunology, and neuroscience. These initiatives not only address significant unmet medical needs but also strengthen its competitive edge in the highly dynamic pharmaceutical sector.

Innovative Research and Development

Lilly Eli & Co excels in turning cutting-edge scientific discoveries into practical, market-ready solutions. The company’s approach integrates state-of-the-art biotechnology, chemical innovation, and genetic medicine – elements that drive its robust R&D engine and pave the way for advances in areas such as targeted cancer therapies, metabolic management, and chronic disease care. Its research programs emphasize both precision medicine and large-scale production, ensuring that new therapies are both effective and accessible.

Global Manufacturing and Supply Chain Excellence

In addition to its research prowess, Lilly Eli & Co has a well-established global manufacturing network. The company has continually expanded its facilities, investing in advanced production capabilities to maintain a reliable supply chain. This commitment to manufacturing excellence helps ensure that high-quality products are delivered efficiently to patients worldwide, reinforcing its reputation as a dependable partner in healthcare.

Market Position and Competitive Edge

As an integrated leader in pharmaceutical technology and therapeutics, Lilly Eli & Co has positioned itself at the intersection of innovation and reliability. The company competes through a blend of long-term research investments, strategic global partnerships, and a relentless focus on improving patient outcomes. Its strong brand legacy and comprehensive portfolio of drugs underline a commitment to scientific excellence and unwavering operational execution.

Commitment to Quality and Patient-Centric Solutions

Quality and trust are central to the company's ethos. With a history of rigorous clinical trials and regulatory approvals, Lilly Eli & Co ensures that its medicines meet the highest standards of safety and efficacy. This patient-centric approach, combined with sustainable manufacturing practices, makes it a reliable source of advanced therapies, fostering long-term trust among healthcare providers and patients alike.

Industry Keywords and Expertise

Industry-specific terms such as pharmaceutical innovation, biotechnology, therapeutics, and advanced manufacturing are integral to understanding the company’s operations. These terms reflect the scientific depth and operational expertise that have allowed Lilly Eli & Co to remain at the forefront of drug discovery and development.

Conclusion

With its rich history, expansive R&D capabilities, and global operational reach, Lilly Eli & Co is a testament to the power of innovation in healthcare. This comprehensive overview highlights not only its diversified business model and advanced research but also its enduring commitment to enhancing patient lives through high-quality, accessible, and effective medicines.

Rhea-AI Summary

Eli Lilly and Company (NYSE: LLY) has announced that it will release its third-quarter 2024 financial results on October 30, 2024. The company will also host a conference call at 10 a.m. Eastern time on the same day to discuss the financial performance with investors, media, and the general public.

A live webcast of the conference call will be accessible through a link on Lilly's investor relations website. For those unable to attend the live event, a replay will be available on the same website following the conference call.

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Eli Lilly and Company released results from their national 'Urgent Conversations' survey, highlighting the challenges faced by people with ulcerative colitis (UC) in finding public restrooms. The survey of 1,800 U.S. adults, including 200 with moderately to severely active UC, found that 84% of UC patients struggle to find public restrooms, compared to 60% of the general population.

Key findings include:

  • 63% of UC respondents need to use restrooms frequently when leaving home
  • 81% of UC respondents take over 5 minutes to find a clean restroom
  • 42% of UC respondents are more likely to have restroom emergencies
  • 61% of UC respondents limit social outings due to restroom concerns

The Crohn's & Colitis Foundation has launched the 'We Can't Wait' mobile app to help locate public restrooms. Lilly's Omvoh® (mirikizumab-mrkz), approved in October 2023, showed promising results in treating UC symptoms and improving bowel urgency in clinical trials.

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Eli Lilly and Company (NYSE: LLY) announced new data from the VIVID-1 Phase 3 study of mirikizumab for Crohn's disease. The study showed that more patients treated with mirikizumab achieved histologic response at Week 52 compared to ustekinumab, regardless of prior biologic experience. This is the first Phase 3 study to report histologic and combined histologic-endoscopic outcomes in Crohn's disease using a systematic assessment of five bowel segments.

Key findings include:

  • 58.2% of mirikizumab patients achieved histologic response at Week 52 vs 48.8% for ustekinumab (p=0.0075)
  • In patients with prior biologic failure, 56.5% on mirikizumab achieved histologic response at Week 52 vs 41.3% for ustekinumab (p=0.0064)
  • Mirikizumab's safety profile was consistent with its known profile in ulcerative colitis

Lilly has submitted marketing authorization applications for mirikizumab in Crohn's disease globally and is conducting additional studies in pediatric and adult patients.

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Eli Lilly and Company (NYSE: LLY) has announced a $4.5 billion investment to create the Lilly Medicine Foundry, a new center for advanced manufacturing and drug development in Indiana's LEAP Research and Innovation District. This unique facility, set to open in late 2027, will combine research and manufacturing in a single location, allowing Lilly to innovate new production methods and scale up manufacturing of medicines for clinical trials.

The Medicine Foundry will focus on developing innovative solutions to optimize manufacturing processes, increase capacity for clinical trial medicines, and reduce costs and environmental impact. It will be capable of producing various molecular therapies, including small molecules, biologics, and nucleic acid therapies. The facility is expected to add 400 full-time jobs for highly skilled workers and will expand Lilly's total capital commitment in the United States to more than $23 billion since 2020.

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Eli Lilly and Company (NYSE: LLY) announced new long-term results for EBGLYSS™ (lebrikizumab-lbkz) in treating moderate-to-severe atopic dermatitis. The data, from the ADjoin long-term extension study, will be presented at the European Academy of Dermatology and Venereology Congress.

Key findings include:

  • Over 80% of adults and adolescents who responded to EBGLYSS at Week 16 maintained clear or almost-clear skin for up to three years with monthly maintenance dosing.
  • 84% of patients on monthly dosing and 83% on bi-weekly dosing maintained clear or almost-clear skin (IGA 0,1) at three years.
  • 87% of monthly dosing patients and 79% of bi-weekly dosing patients achieved or maintained at least 90% improvement in disease extent and severity (EASI-90) at three years.
  • The safety profile remained consistent with previous studies, with no new safety signals observed.

EBGLYSS, an IL-13 inhibitor, was recently approved by the FDA and is also approved in the EU and Japan.

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The Ministry of Health, Labour and Welfare Japan has approved Kisunla™ (donanemab-azbt) for the treatment of early symptomatic Alzheimer's disease (AD) in adults. This makes Japan the second major market to approve Kisunla, following its approval in the United States in July 2024. The treatment is designed for individuals with mild cognitive impairment and mild dementia stage of AD, with confirmed amyloid pathology.

Kisunla demonstrated significant results in the TRAILBLAZER-ALZ 2 Phase 3 study, showing a 35% slowing of decline in less advanced cases and 22% in the overall population. The drug reduced amyloid plaques by up to 84% after 18 months of treatment. Notably, 66% of patients achieved plaque clearance at one year, allowing them to complete treatment.

While Kisunla offers promising results, it can cause side effects such as amyloid-related imaging abnormalities (ARIA) and allergic reactions. The approval of Kisunla in Japan represents a critical step in providing treatment options for the growing number of AD patients in the country.

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Eli Lilly's EBGLYSS™ (lebrikizumab-lbkz) has received FDA approval for treating moderate-to-severe atopic dermatitis in adults and children 12 years and older. This IL-13 inhibitor offers a new first-line biologic treatment for patients not well controlled with topical therapies. Key highlights:

- Significant skin clearance as early as 4 weeks and itch relief as early as 2 weeks
- Long-lasting efficacy through one year with monthly maintenance dosing
- 38% achieved clear/almost-clear skin at 16 weeks vs 12% with placebo
- 43% experienced itch relief at 16 weeks vs 12% with placebo
- Common side effects include eye inflammation and injection site reactions

EBGLYSS will be available in the U.S. in the coming weeks, with patient support programs planned.

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Eli Lilly and Company (NYSE: LLY) announced a $1 billion expansion of its manufacturing site in Limerick, Ireland, dedicated to producing biologic active ingredients for Alzheimer's treatments. Additionally, Lilly unveiled a new $800 million facility in Kinsale, Ireland, operational since last year to meet the high demand for diabetes and obesity medications. This expansion is part of a larger $20 billion investment plan initiated since 2020.

The Limerick site will employ 450 highly skilled workers and utilize advanced technologies such as AI and machine learning. Production is expected to start in 2026, pending planning approval. The Kinsale facility integrates continuous manufacturing technology and recently won the 'Facility of the Year' Innovation award.

Lilly emphasizes sustainability, with the Limerick site designed to reduce energy, water, and waste, and the Kinsale site powered by the largest privately owned solar farm in Ireland.

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Eli Lilly and Company (NYSE: LLY) announced detailed results from the QWINT-5 phase 3 trial evaluating once-weekly insulin efsitora alfa compared to once-daily insulin degludec in adults with type 1 diabetes. The study met its primary endpoint of non-inferior A1C reduction at week 26, with efsitora reducing A1C by 0.53% compared to 0.59% for insulin degludec. Key secondary endpoints showed similar time in range and rates of nocturnal hypoglycemic events between the two treatments.

However, efsitora showed higher rates of severe hypoglycemic events (0.14 vs 0.04 per patient-year) compared to insulin degludec, with 64% of these events occurring in the first 12 weeks of treatment. The results highlight the potential of efsitora to offer a once-weekly basal insulin option for type 1 diabetes patients, while also emphasizing the need for careful management of hypoglycemia risk.

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Eli Lilly and Company (NYSE: LLY) has announced promising results from the QWINT-2 phase 3 trial of once-weekly insulin efsitora alfa compared to once-daily insulin degludec in adults with type 2 diabetes. The study, published in The New England Journal of Medicine and presented at EASD 2024, showed that efsitora met its primary endpoint of non-inferior A1C reduction. Key findings include:

- Efsitora reduced A1C by 1.34% vs. 1.26% for insulin degludec
- Participants achieved 45 minutes more time in range per day with efsitora
- No severe hypoglycemic events were reported with efsitora
- Efsitora demonstrated a safety profile similar to daily insulins

These results suggest efsitora could offer a convenient once-weekly option for type 2 diabetes patients, potentially improving treatment adherence while providing comparable outcomes to daily insulins.

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FAQ

What is the current stock price of Lilly Eli & Co (LLY)?

The current stock price of Lilly Eli & Co (LLY) is $829.76 as of March 10, 2025.

What is the market cap of Lilly Eli & Co (LLY)?

The market cap of Lilly Eli & Co (LLY) is approximately 795.6B.

What is the primary focus of Lilly Eli & Co?

Lilly Eli & Co is focused on developing, manufacturing, and globally distributing innovative therapeutic medicines across areas like diabetes, oncology, immunology, and neuroscience.

How does the company generate its revenue?

The company generates revenue through its extensive R&D efforts, production of high-quality medicines, and worldwide sales, supported by a robust manufacturing network and strategic global partnerships.

What sets Lilly Eli & Co apart in the pharmaceutical industry?

Its long history of innovation, combined with cutting-edge research, advanced manufacturing capabilities, and a strong commitment to quality, positions Lilly Eli & Co as a trusted and pioneering leader in healthcare.

How does Lilly Eli & Co ensure the quality and safety of its products?

The company follows rigorous clinical trial protocols and regulatory standards, ensuring that every product meets the highest levels of safety and efficacy before reaching patients around the world.

Where is Lilly Eli & Co headquartered?

Lilly Eli & Co is headquartered in Indianapolis, Indiana, and operates an extensive global network to support its manufacturing and research activities.

What role does research and development play at Lilly Eli & Co?

R&D is central to the company’s business model, driving innovation in drug discovery, advanced biotechnology applications, and the development of novel therapies to address critical health challenges.

How does Lilly Eli & Co contribute to global healthcare?

By providing innovative, high-quality medicines across diverse therapeutic areas and maintaining an efficient global distribution network, the company helps improve patient outcomes and supports health systems worldwide.

What are some key industry keywords associated with the company?

Key terms include pharmaceutical innovation, biotechnology, therapeutics, research and development, advanced manufacturing, and clinical excellence.
Lilly Eli & Co

NYSE:LLY

LLY Rankings

LLY Stock Data

795.58B
944.46M
0.15%
83.27%
0.8%
Drug Manufacturers - General
Pharmaceutical Preparations
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United States
INDIANAPOLIS