Topic: Eli Lilly and Company

Eli Lily Pays Mississippi $18.5 Million to Settle Zyprexa Claim

Money arrives at critical time, state saysThe State of Mississippi has recovered some much needed cash, as drug giant Eli Lilly has agreed to an $18.5 million fraud settlement over the drug Zyprexa. The drug was only approved for major psychotic disorders, but the state alleged that the drug ...
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Miss. settles Zyprexa suit for more than $18M

Mississippi will receive $18.5 million from drug maker Eli Lilly and Co. as part of a settlement over claims the company promoted the anti-psychotic Zyprexa for ailments it was not federally approved to treat, Attorney General Jim Hood said Thursday. The settlement recovers money the state spent through its ...
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Drugmakers post higher sales but a mix on profits

Fourth-quarter revenues climbed about 10 percent for major drugmakers AstraZeneca PLC, Bristol-Myers Squibb Co. and Eli Lilly & Co., mainly buoyed by sales of drugs for heart disease, depression and other mental illnesses. But one-time charges muddied the profit picture, while two heavily touted new drugs tanked and the companies ...
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On the Call: Eli Lilly CEO John Lechleiter

Lilly CEO discusses new blood thinner Effient and its slow startEli Lilly and Co. reported a profit and better-than-expected revenue for the fourth quarter, but sales of its newest drug, the blood thinner Effient, slid. Lilly launched the drug in August, and it rang up $22.6 million in third-quarter ...
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