Eli Lilly Boosts Investment to $9B for Expanding Drug Manufacturing
TL;DR Summary
Eli Lilly is investing an additional $5.3 billion to expand its manufacturing site in Indiana, aiming to increase production of its popular weight-loss and diabetes drugs, Zepbound and Mounjaro. The site, which began construction last year, is expected to start production by late 2026 and ramp up through 2028. This expansion marks the largest manufacturing investment in the company's history, driven by high demand for these treatments.
Topics:top-news#business#eli-lilly#manufacturing-expansion#mounjaro#pharmaceutical-industry#zepbound
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- Eli Lilly to invest another $5.3 billion in Indiana plant to expand Mounjaro, Zepbound supply CNBC
- Lilly increases Indiana investment to $9 billion for weight loss drugs USA TODAY
- Eli Lilly increases LEAP District investment for weight loss drug IndyStar
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