Eli Lilly and Company
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| Public | |
| Traded as | |
| Industry | Pharmaceuticals |
| Founded | 1876 |
| Founder | Eli Lilly |
| Headquarters | Indianapolis, Indiana, United States |
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Key people
|
Dave Ricks (Chairman of the Board)(President and CEO) |
| Products | Drugs |
| Revenue |
 US$19.96 billion (2015)
|
|
US$2.79 billion (2015)
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|
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US$2.41 billion (2015)
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|
| Total assets |
 US$35.57 billion (2015)
|
| Total equity |
US$14.57 billion (2015)
|
|
Number of employees
|
41,275 (December 2015) |
| Website | Lilly.com |
Eli Lilly and Company is an American global pharmaceutical company with headquarters located in Indianapolis, Indiana, in the United States. The company also has offices in Puerto Rico and 17 other countries. Its products are sold in approximately 125 countries. The company was founded in 1876 by Col. Eli Lilly, a pharmaceutical chemist and veteran of the American Civil War, after whom the company was named. Eli Lilly and Company is listed on the and its shares have been a component of the S&P 500 Index since 1971.
Lilly was the first company to mass-produce penicillin, the Salk polio vaccine, and insulin. Its achievements include being one of the first pharmaceutical companies to produce human insulin using recombinant DNA including Humulin, Humalog, and the first approved biosimilar insulin product in the US, Basaglar. Lilly is also the world's largest manufacturer and distributor of psychiatric medications including Prozac (Fluoxetine), Dolophine (Methadone), Cymbalta (duloxetine), and Zyprexa (olanzapine).
Eli Lilly has been involved in several controversies, including political and medical ethics controversies. In 2009, Eli Lilly pleaded guilty to illegally marketing the drug Zyprexa for off-label uses not approved by the US Food and Drug Administration, particularly the treatment of dementia in the elderly. The company paid a $515 million criminal fine, at the time the largest in history.
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Wikipedia