Eli Lilly and Company
name
Eli Lilly and Company
id
LLY
summary
Eli Lilly and Company is an American pharmaceutical company headquartered in Indianapolis, Indiana, with offices in 18 countries. Its products are sold in approximately 125 countries. The company was founded in 1876 by Colonel Eli Lilly, a pharmaceutical chemist and a Union Army veteran of the American Civil War. As of 2022, Lilly is known for its clinical depression drugs Prozac (fluoxetine) (1986), Cymbalta (duloxetine) (2004), and its antipsychotic medication Zyprexa (olanzapine) (1996), although its primary revenue drivers are the diabetes drugs Humalog (insulin lispro) (1996) and Trulicity (dulaglutide) (2014). Lilly's achievements include being the first company to mass-produce the polio vaccine developed by Jonas Salk, and insulin. It was one of the first pharmaceutical companies to produce human insulin using recombinant DNA including Humulin (insulin medication), Humalog (insulin lispro), and the first approved biosimilar insulin product in the US, Basaglar (insulin glargine). In 2009, Lilly pleaded guilty for illegally marketing Zyprexa and agreed to pay a $1.415 billion penalty. As of 2019, the company was ranked 123rd on the Fortune 500. It is ranked 221st on the Forbes Global 2000 list of the largest public companies in the world and 252nd on the Forbes list of America's Best Employers. It is currently recognized as the top entry-level employer in Indianapolis. Lilly is a full member of the Pharmaceutical Research and Manufacturers of America and the European Federation of Pharmaceutical Industries and Associations (EFPIA).
industry
Pharmaceutical
founded
1876
founder
Eli Lilly
headquarters
Indianapolis, Indiana, U.S.
keyPeople
David A. Ricks (Chair, President, & CEO), Anat Ashkenazi (CFO)
products
Pharmaceutical drugs
revenue
US$34.12 billion (2023)
operatingIncome
US$6.46 billion (2023)
netIncome
US$5.24 billion (2023)
totalAssets
US$64.01 billion (2023)
totalEquity
US$10.77 billion (2023)
owner
Lilly Endowment (10.8%)
numberOfEmployees
c. 43,000 (2023)
website
lilly.com