Navigation Links
Lilly Reports Fourth-Quarter and Full-Year 2008 Results
Date:1/29/2009

TransPharma (2008) and OSI, MacroGenics and Glenmark (2007) .10 .63 Benefit from resolution of IRS audit (.19) - Charge for a reduction in expected insurance recoveries - .06 Pro forma as if the ICOS acquisition was completed on January 1, 2007 - (.01) ------ ------ Earnings per share (pro forma non-GAAP) (excluding impact of ImClone acquisition) $4.02 $3.54 14% ------ ------

Full-Year 2008 Results

Worldwide sales for 2008 were $20.378 billion, an increase of 9 percent compared with 2007. Sales volume increased 5 percent, while exchange rates contributed 3 percent of worldwide sales growth and selling prices contributed 2 percent (numbers do not add due to rounding).

Gross margin as a percent of sales increased by 1.3 percentage points, to 78.5 percent. This increase was primarily due to the favorable effect of foreign exchange rates.

Marketing, selling and administrative expenses rose 9 percent, to $6.626 billion. This increase was due to increased marketing and selling expenses, including prasugrel pre-launch activities and marketing costs associated with Cymbalta and Evista(R), the impact of foreign exchange rates and increased litigation-related expenses. Research and development expenses were $3.841 billion, or 19 percent of sales. Compared with the full-year 2007, research and development expenses grew 10 percent. This increase was primarily due to increased late-stage clinical trial and discovery research costs.

The company recognized charges of $4.835 billion in 2008 for acquired in-process research and development associated with the ImClone and SGX acquisitions and the in-licensing arran
'/>"/>

SOURCE Eli Lilly and Company
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28

Related medicine news :

1. Statement of Eli Lilly and Company on Dr. David Egilman Settlement:
2. Robert J. Heine, M.D., Ph.D., F.R.C.P. to Join Lilly; Distinguished Diabetes Expert to Lead Diabetes/Endocrine Medical Division
3. Lauren Marangell, M.D. to Join Lilly; Internationally Recognized Expert in Depression Joins as Distinguished Lilly Scholar
4. Genentech/Roches Lucentis and Eli Lillys Ruboxistaurin Will Drive the Diabetic Retinopathy and Nephropathy Drug Markets
5. Lillys CEO Calls for Reform of Nations Drug Safety System
6. Lilly Announces Updates to the Zyprexa and Symbyax U.S. Labels
7. Lilly Grant to VA Will Enhance Services for Returning Combat Veterans
8. Lilly Delivers Strong Third-Quarter Results
9. Lilly and MacroGenics Announce Licensing and Collaboration Agreement
10. Eli Lilly and Company Aids California Recovery Effort
11. Eli Lilly and Company Announces 2007 Lilly Reintegration Awards Recipients
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/23/2014)... the potential health benefits of probiotics, antioxidants and other ... And the chemical industry is getting in on the ... deter growth, so the industry is responding with clinical ... cover story in Chemical & Engineering News ... Society. , Melody M. Bomgardner, a senior editor at ...
(Date:4/23/2014)... about an increase in adolescents, marijuana use following the ... relief. According to a new study at Rhode Island ... states with and without medical marijuana laws, legalizing the ... The study is published online in advance of print ... , "Any time a state considers legalizing medical marijuana, ...
(Date:4/23/2014)... Getting to the bottom of Alzheimer,s disease has ... turns and controversies. In the latest crook in ... insight into the interaction between proteins associated with ... journal ACS Chemical Neuroscience , could have ... K. Surewicz, Krzysztof Nieznanski and colleagues explain that ...
(Date:4/22/2014)... can provide primary care for low-income patients may ... insurance companies while improving patient health, researchers have ... that health clinics that avoid costs associated with ... lowering hospital admission rates and emergency room visits, ... State Altoona. , The researchers estimated that ...
(Date:4/22/2014)... The International Communication Association will hold its 64th ... theme of the 2014 conference will explore what ... digital society. , Featuring over 2,300 academic papers ... scholars representing over 40 countries, the ICA conference ... the world. This year,s conference features sessions that ...
Breaking Medicine News(10 mins):Health News:RI Hospital physician: Legalizing medical marijuana doesn't increase use among adolescents 2Health News:Clinics not bogged down by red tape can ease health cost burdens 2Health News:International Communication Association to hold Annual Conference in Seattle, Washington 2
... Partnership ... companion diagnostics development service , ... (PRWEB) July 6, 2010 -- Flagship Biosciences LLC, a provider of ... in Miami, Florida, to provide validated IHC companion diagnostic development capabilities. Vitro Molecular ...
... ... to Gain Profound Insight into the Mind & Body, Learn Innovative Breathing Techniques, Meditation & ... , ... 6, 2010 -- In a time of uncertainty and anxiety for many Americans, world-renowned humanitarian ...
... ... an internationally televised broadcast by RTAmerica exploring the rapid growth of the fertility industry. ... look into their egg donation center on the televised RTAmerica feature. , ... (PRWEB) July 6, 2010 -- ...
... ... highs and the American public is looking for a real solution. Leading authority on leptin ... recent article: Obesity Trend out of Control. His article states the causes and fixes to ... (PRWEB) July ...
... ... is pleased to announce the 2010 Angel MedFlight Scholarship of Excellence in ... will receive $3,000 toward his or her tuition for an aviation-related program ... Scholarship for Excellence in Aviation only have two more weeks to prepare ...
... ... 2010 suite of applications. Newly launched in June 2010, Microsoft Office 2010 offer ... clear data keeping and analysis, presentation functions, as well as online collaboration capabilities. ... (PRWEB) July 6, ...
Cached Medicine News:Health News:Flagship Biosciences Partners with a Leading IHC CLIA Laboratory for Companion Diagnostics Service 2Health News:World Renowned Humanitarian and Spiritual Leader Sri Sri Ravi Shankar Brings Timely Message of Peace and Empowerment to Connecticut 2Health News:World Renowned Humanitarian and Spiritual Leader Sri Sri Ravi Shankar Brings Timely Message of Peace and Empowerment to Connecticut 3Health News:International News Channel Profiles Egg Donor Surrogacy USA 2Health News:International News Channel Profiles Egg Donor Surrogacy USA 3Health News:Obesity in America: World-Renowned Health Educator Offers Solutions to Obesity Epidemic 2Health News:Obesity in America: World-Renowned Health Educator Offers Solutions to Obesity Epidemic 3Health News:Angel MedFlight Worldwide Air Ambulance offers,$3,000 scholarship for a student pursuing a career in aviation at an Arizona school, 2Health News:Angel MedFlight Worldwide Air Ambulance offers,$3,000 scholarship for a student pursuing a career in aviation at an Arizona school, 3Health News:Bay Area Systems(BayAreaSystems.com) begin offering Microsoft Office 2010 support. 2Health News:Bay Area Systems(BayAreaSystems.com) begin offering Microsoft Office 2010 support. 3
(Date:1/14/2014)... Calif. , Jan. 14, 2014 The Brandeis Medical Center, ... Angeles a premier and affordable laser tattoo removal experience ... Dr. Brandeis, focus is in providing high quality cosmetic services with ... patients. " Southern California has seen ...
(Date:1/14/2014)... 2014 Animal Emergency Critical Care, a LifeCentre partner practice, located ... is the first in Loudoun County ... Dr. Susan M. Barnes , Medical Director, is a well-seasoned ... Cole Taylor , are avid scuba divers. "As altitude skiers ...
(Date:1/14/2014)... , Jan. 14, 2014   Oligomerix, Inc. , a ... therapeutics for Alzheimer,s disease (AD) and related neurodegenerative disorders, ... Valhalla, NY as of January ... space at New York Medical College. Oligomerix, ...
Breaking Medicine Technology:Beverly Hills Physician Features Tattoo Removal with the Astanza Duality Laser, Offers $99 Special 2Hyperbaric Veterinary Medicine (hvm) Announces Animal Emergency Critical Care Installs A Small Animal Hyperbaric Chamber 2Oligomerix Relocates Corporate Headquarters and Secures Additional Laboratory Space from New York Medical College 2
... CardioGenics Holdings Inc. (CGNH.OB) announced today that Dr. ... of CardioGenics, will be presenting at RetailInvestorConferences.com.DATE: July 12, ... be a live, interactive online event where investors are ... in the presentation hall as well as the company,s ...
... JANEIRO, July 11, 2011 Advances in radiotherapy for ... discussed during four days of scientific presentations at the ... (SBRT), held in Rio de Janeiro last month.  The ... America, featured distinguished experts from around the world who ...
Cached Medicine Technology:CardioGenics Holdings Inc. to Present Live, Online at RetailInvestorConferences.com on July 12th 2Cancer Treatment Experts from Across Latin America Gather in Rio de Janeiro to Discuss Advances in Radiation Oncology 2Cancer Treatment Experts from Across Latin America Gather in Rio de Janeiro to Discuss Advances in Radiation Oncology 3
... Arthrotek® Precision Hand Instruments were developed in ... feel, while still having an instrument with ... without the fear of the bending or ... and manufactured to conform to the surgeon's ...
... Instruments were developed in surgeon's desire to ... having an instrument with the strength to ... of the bending or breaking. Arthrotek Hand ... conform to the surgeon's hand. This new ...
... Arthrotek® Precision Hand Instruments were developed in ... feel, while still having an instrument with ... without the fear of the bending or ... and manufactured to conform to the surgeon's ...
... Medicine POLYSORB Meniscal Stapler XLS consists of ... legs of the staple. The staple is ... the meniscus. The staple is made of ... lactic acid and glycolic acids. Polylactic/polyglycolic acid ...
Medicine Products: