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Lilly

R&D costs rise as late-stage pipeline advances

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Lilly 2Q10 2Q10 Revenues: $5.7 billion (+9%) 2Q10 Earnings: $1.3 billion (+16%) YTD Revenues: $11.2 billion (+9%) YTD Earnings: $2.7 billion (+5%) Comments: Zyprexa revenues were up 5% in 2Q10 and 7% in YTD to $1.3 billion and $2.5 billion, respectively. U.S. sales of the drug were up 10% in 2Q10 to $638 million. Cymbalta revenues were up 17% ($868 million) and 15% ($1.7 billion) during those spans, while Alimta rose 43% ($552 million) and 50% ($1.1 billion) for 2Q10 and YTD. Effi...

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