24.05.2024 16:06:35 - dpa-AFX: Lilly Increases Investment In Indiana-Based Unit To Enhance Production Of Zepbound, Mounjaro

INDIANAPOLIS (dpa-AFX) - Eli Lilly and Co. (LLY), Friday announced the
decision to increase investment in Lebanon, Indiana manufacturing facility from
$3.7 billion to $9 billion to enhance production of Zepbound and Mounjaro
injections used for the treatment of obesity and type-2 diabetes, respectively.

Through the investment, Lilly expects to create an additional 200 full-time jobs
and more than 5,000 construction jobs during the site's development.

Additionally, the company is planning to expand across new locations such as
Research Triangle Park and Concord, North Carolina; Limerick, Ireland; and
Alzey, Germany.

Currently, Lilly's stock is moving down 0.05 percent, to $808.02 on the New York
Stock Exchange.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ELI LILLY 858560 Frankfurt 822,900 14.06.24 19:25:09 +4,300 +0,53% 0,000 0,000 820,000 822,900

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH