Eli Lilly to Invest $3B in Wisconsin Plant to Meet Obesity Drug Demand
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Eli Lilly is set to invest $3 billion in a new manufacturing plant in Wisconsin to meet the growing demand for its obesity drugs. This marks the company's largest manufacturing investment in the U.S. outside of its home state.
December 06, 2024 | 4:45 pm
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Eli Lilly is investing $3 billion in a new Wisconsin plant to increase production of its obesity drugs, indicating strong demand and potential growth in this segment.
The $3 billion investment by Eli Lilly in a new plant is a significant move to meet the rising demand for its obesity drugs. This expansion suggests strong market demand and potential revenue growth, positively impacting the stock price.
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