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  • Friday, 29 January 2021

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CORPORATE REPORT: Eli Lilly soars in fourth quarter with COVID-19 drug; Caterpillar crawls

Posted 2021-01-29 , Sarasota Herald-Tribune

Eli Lilly's (LLY) new COVID-19 treatment helped the drugmaker's fourth-quarter profit surge even though U.S. regulators approved its use late in the quarter. The antibody treatment bamlanivimab brought in $850 million in U.S. sales for Lilly after the Food and Drug Administration authorized emergency use in November for patients

"We are well-positioned for the future and will emerge from the pandemic as an even stronger company,"
Sarasota Herald-Tribune

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