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Financial Report: Lilly

Zyprexa patent expirations impact results

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Lilly 1Q Revenues: $5.6 billion (-4%) 1Q Earnings: $1.0 billion (-4%) Comments: Decline in revenues was driven by Zyprexa patent expirations, partially offset by Cymbalta, Forteo, Humalog, and Effient product growth, as well as a 41% revenue growth in China. Cymbalta sales were $1.1 billion, up 23%. Effient sales were $115.8 million, up 106%. Forteo sales were $271.3 million, up 26%. Humalog sales increased 12% to $590.3 million. Animal health products were $490.7 million, up 33%....

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