Eli Lilly Anticipates Tight Supplies Of Incretin Products Will Persist While Additional Manufacturing Capacity Is Operationalized; Expect Additional Internal And Contracted Manufacturing Capacity Fully Operational Around The World In Next Several Years
Portfolio Pulse from Benzinga Newsdesk
Eli Lilly has announced that it expects tight supplies of incretin products to continue while it operationalizes additional manufacturing capacity. The company anticipates that additional internal and contracted manufacturing capacity will be fully operational worldwide in the next few years.
November 02, 2023 | 3:33 pm
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Eli Lilly's announcement of tight supplies of incretin products may impact its short-term stock performance. The operationalization of additional manufacturing capacity could potentially boost the company's long-term prospects.
The news of tight supplies could potentially lead to a short-term negative impact on Eli Lilly's stock as it may affect the company's sales and revenues. However, the operationalization of additional manufacturing capacity indicates the company's efforts to meet demand, which could be seen positively by investors in the long term.
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