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Financial Report: Lilly

July 24, 2014

Patent expirations pummel results

Lilly
 
2Q Revenues: $4.9 billion (-17%)

2Q Earnings: $733.5 million (-39%)

YTD Revenues: $9.6 billion (-17%)

YTD Earnings: $1.5 billion (-47%)

Comments: Results were impacted by the loss of U.S. patent exclusivity for Cymbalta, down 73% in the quarter to $401.3 billion, and Evista, down 61% to $108.3 million. Alimta sales were up 6% to $669.4 million. Humalog sales were up 11% to $628.6 million. Cialis sales were up 7% to $567.8 million. Lilly launched Cyramza in the quarter for gastric cancer or gastroesophageal junction (GEJ).

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