Eli Lilly Pumps $800M Into Irish Operations To Meet Skyrocketing Demand For Mounjaro, Zepbound
Portfolio Pulse from Pooja Rajkumari
Eli Lilly & Co. is investing $800 million in its Irish operations to increase production of its obesity drugs, Mounjaro and Zepbound, amid high demand and past shortages. This move is part of a broader strategy to expand production capacity for its weight-loss and diabetes drugs.
September 12, 2024 | 2:05 pm
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Eli Lilly is investing $800M in its Irish operations to meet the high demand for its obesity drugs, Mounjaro and Zepbound. This investment aims to address past shortages and is part of a larger strategy to expand production capacity.
The $800M investment in Irish operations is a significant move to address the high demand and past shortages of Mounjaro and Zepbound. This expansion is likely to enhance Eli Lilly's production capacity, potentially increasing revenues and positively impacting stock prices.
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