Navigation Links
Lilly Reports Third-Quarter 2011 Results

INDIANAPOLIS, Oct. 20, 2011 /PRNewswire/ --

  • Third-quarter 2011 revenue grew 9 percent to $6.148 billion due to increased demand for several key brands and favorable exchange rates.
  • Revenue for Cymbalta, Humalog, Forteo, Strattera, Cialis and Alimta all grew in double-digits, with strong growth also seen in animal health, Japan and China.
  • Q3 operating expense growth was driven primarily by marketing efforts to support new launches, investments in research and development, and exchange rates.
  • Clinical pipeline now contains 66 potential new medicines, including 10 in Phase III.
  • Company delivered third quarter earnings per share of $1.11 (reported), or $1.13 (non-GAAP).
  • 2011 earnings per share guidance range revised to $3.89 - $3.94 (reported), or $4.30 – $4.35 (non-GAAP).

  • Eli Lilly and Company (NYSE: LLY) today announced financial results for the third quarter of 2011.$ in millions, except per share data

    Third Quarter


    GrowthTotal Revenue – Reported


    9%Net Income – Reported


    (5)%EPS – Reported1.111.18

    (6)%Net Income – non-GAAP


    (7)%EPS – non-GAAP


    (7)%Financial results for 2011 and 2010 are presented on both a reported and a non-GAAP basis. Reported results were prepared in accordance with generally accepted accounting principles (GAAP) and include all revenue and expenses recognized during the period. Non-GAAP results exclude the items described in the reconciliation tables. The non-GAAP results are presented in order to provide additional insights into the underlying trends in the company's business. The company's 2011 financial guidance is also being provided on both a reported and a non-GAAP basis.

    SOURCE Eli Lilly and Company
    Copyright©2010 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

    Related medicine technology :

    1. Lilly Declares Fourth-Quarter 2011 Dividend
    2. Lilly Announces Changes in Senior Management
    3. Lilly Confirms Date and Conference Call for Third-Quarter 2011 Financial Results Announcement
    4. Lilly Improves Its Environmental Footprint in Business Operations and Helps Beautify Communities
    5. Eli Lilly and Company Bringing Diabetes Education Program to the Annual Legislative Conference
    6. Lilly Celebrates 17th Consecutive Year as One of Working Mother 100 Best Companies
    7. Lilly Health Channel Debuts on YouTube
    8. Boehringer Ingelheim and Lilly to Feature Type 2 Diabetes Research in Presentations at the 47th Annual Meeting of the European Association for the Study of Diabetes
    9. The American Diabetes Association and Eli Lilly and Company Encourage African Americans to Learn About Diabetes Through a Familiar Face
    10. Lilly Announces Review of Data on Long-Term Raloxifene Treatment for Postmenopausal Osteoporosis Published in Current Medical Research & Opinion
    11. U.S. Court of Appeals Affirms Validity of Lillys Strattera Patent
    Post Your Comments:
    (Date:10/9/2015)... DIEGO , Oct. 9, 2015  The ... National Center for Emerging and Zoonotic Infectious Diseases, ... Genome have entered into a research collaboration to ... platform. The goal of this research collaboration is ... DRAGEN platform for public health and infectious disease ...
    (Date:10/9/2015)... , Oct. 9, 2015   Lexicon Pharmaceuticals, Inc. ... TELESTAR Phase 3 clinical study of telotristat etiprate has been ... annual symposium to be held from October 15-17, in ... with patients who completed the randomized treatment portion of the ... a poster session. --> --> ...
    (Date:10/9/2015)... REDWOOD CITY, Calif. , Oct. 9, 2015 ... a presentation will be made at the annual European Society ... th to October 14 th , 2015 at the ...  The annual EuSEM is the largest meeting of emergency medicine ... and 90 countries represented. Data from the previously ...
    Breaking Medicine Technology:
    ... (Nasdaq: AMGN ) today announced the publication ... 1,776 advanced cancer patients with different types of solid ... myeloma, which compared XGEVA ™ (denosumab) to Zometa® ... which appeared today in the Journal of Clinical ...
    ... Feb. 22, 2011 Vapotherm, the global leader ... 510(k) clearance from the Food and Drug Administration ... recently received CE marking. The Flowrest® ... via nasal cannula. Utilizing patent pending humidification and ...
    Cached Medicine Technology:
    (Date:10/9/2015)... ... 09, 2015 , ... Confidence Plus Insurance has just celebrated ... initiative that involves working with a series of local charities throughout the California ... Insurance is the Gleason Park Electric Violin Ensemble (GPEVE). , GPEVE provides a ...
    (Date:10/9/2015)... ... October 09, 2015 , ... ViewPoint Center, a teen ... many teenagers facing mental illness, the stigma associated with mental illness causes many to ... Center understands the importance of supporting teens with mental illness , providing teens ...
    (Date:10/9/2015)... ... October 09, 2015 , ... Most people assume that Chinese food ... and less meat. While noted T’ai Chi Master and integrative medicine guru Steven Aung, ... between the two cuisines and that they potentially complement one another, with each supplying ...
    (Date:10/9/2015)... ... October 09, 2015 , ... Dignity Health named Dr. David C. Morro the ... Chandler–McQueen opening later this month. The new facility is licensed under ... Valley. , “Dr. Morro is an excellent leader and will ensure our new ...
    (Date:10/9/2015)... ... October 09, 2015 , ... ISI Telemanagement ... will sponsor the upcoming Cisco Georgia Partner Appreciation Event. The event will be ... of Georgia Tech, in Atlanta, Georgia. , This year’s partner event focuses on ...
    Breaking Medicine News(10 mins):
    ... tiny modification called methylation on estrogen receptors prolongs the ... according to research by scientists at Emory University,s ... the May 9, 2008 issue of the journal Molecular ... enable them to grow in the presence of the ...
    ... mice lacking an enzyme that contributes to Alzheimer ... finding raises the possibility that this enzyme may ... psychiatric disorders and therefore may provide a new ... enzyme, for beta-site amyloid precursor protein cleaving enzyme, ...
    ... Allergy & Asthma,Month and respiratory therapists around the country ... importance is being prepared for an,asthma attack at any ... trigger an episode., Each year, there are more ... Association for Respiratory Care (AARC) is,urging individuals with asthma ...
    ... Unprecedented ,Justice for,All, Plan to Change America, Union ... of,thousands during and AFTER the election to win healthcare, ... Members and leaders of the,nation,s strongest and fastest growing ... they say one thing before an election and,then do ...
    ... six-month follow-up diagnostic mammogram rather than an immediate ... a new study emphasizes. , The study found ... sensitivity, which is similar to the sensitivity of ... MPH, lead author of the study from the ...
    ... Convention Center, offers more than 30,demonstration projects and ... Games for Health,Project ( ) today kicked ... Baltimore Convention Center. Over the next two days, ... discuss key advancements,and collaborations across the health and ...
    Cached Medicine News:
    ... aerosol contamination, which causes ... PCR. Hydrophobic, nonwicking and ... can pass through these ... contrast to tips with ...
    ... Finntip Filters are ideal for ... or for any work where ... are designed for pipetting DNA/RNA ... and other. For applications requiring ...
    ... be taken to anticipate the dangers presented ... or infectious sample material and to counteract ... caused by foreign DNA (e.g. as a ... an integrated filter made of pure hydrophobic ...
    Avant E-Z Rack Premium Low Binding 10 l Pipet Tips are accurate, contamination free, and allow quantitative transfer of your samples without relying on silicone....
    Medicine Products: