Navigation Links
Lilly Reports Solid Second-Quarter 2009 Results, Raises EPS Guidance
Date:7/22/2009

th SGX acquisition and in-licensing transactions with BioMS and TransPharma - .10 Benefit from resolution of IRS audit - (.19) Pro forma as if the ImClone acquisition was completed on January 1, 2008 - (.20) -------------- --------- Earnings per share (pro forma non-GAAP) $4.20 to $4.30 $3.82 10% to 13% -------------- --------- NM - not meaningful

The company continues to expect low-single digit revenue growth on a pro-forma non-GAAP basis and mid-single digit revenue growth on a reported basis.

The company continues to expect gross margin as a percent of total revenue to increase for the full year, driven by the beneficial foreign exchange impact in the first half of 2009 compared to the first half of 2008. For the second half of 2009, the company expects a decrease in gross margin as a percent of total revenue compared to the second half of 2008.

Marketing, selling, and administrative expenses are still projected to show flat to low-single digit growth. Research and development expenses are still projected to grow in the high-single digits on a pro forma non-GAAP basis and in the low-double digits on a reported basis.

Other income is still expected to be a net loss of between $200 million and $250 million, and the effective tax rate is still expected to be approximately 22 percent. Capital expenditures are still expected to be approximately $1.1 billion and the company still expects continued strong operating cash flow.

Webcast of Conference Call

As previously announced, investors and the general public can access a live webcast of the second-quart
'/>"/>

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

0

GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Related medicine news :

1. Daiichi Sankyo and Lilly Receive U.S. FDA Approval for Effient(TM)
2. Lilly Celebrates Its 35th Year as a Supporter of the Indiana Black Expo
3. Lilly Sets Date and Conference Call for Second-Quarter 2009 Financial Results Announcement
4. Lilly Receives Fourth FDA Approval for ALIMTA(R) (pemetrexed for injection)
5. Lilly Declares Third-Quarter Dividend
6. New Therapies, Including Novel Biologic Agents from Elan/Wyeth and Eli Lilly, Will Drive Robust 11 Percent Annual Growth In the Alzheimers Disease Market
7. Eli Lilly and Company Announces New Drug Discovery Initiative
8. NAACP & Nine Class Reps File Motion for Class Certification Against Eli Lilly in Pervasive Discrimination Case
9. ICON Selected to Manage Lilly Clinical Trial Site Set Up and Monitoring in Europe
10. Bart Peterson to Join Lilly Leadership Team
11. Lilly Resubmits Cymbalta(R) Supplemental New Drug Application for Chronic Pain to U.S. Food and Drug Administration
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/14/2009)... ABBOTT PARK, Ill. and HOLLYWOOD, Fla., Dec. ... ABT ) announced today a definitive agreement ... LIMS ), a leading provider of laboratory ... in cash. ,, The acquisition strengthens ... market, providing advanced web-based applications to help ...
(Date:12/14/2009)... Heska Corporation (Nasdaq: HSKA ; "Heska" ... veterinary diagnostic and specialty products, today announced ... new DRI-CHEM® 7000 Veterinary Chemistry Analyzer (the ... ,, Customers receiving these analyzers have invested ... available to the veterinary in-clinic market. ...
(Date:12/14/2009)... Incorporated announced today that it has priced $400 ... a coupon of 6.9%. The notes will be ... 6.984%. The company anticipates using the proceeds from ... purposes. ,, Commenting on the pricing of the ... Officer Kriss Cloninger III commented: "This debt issuance ...
(Date:12/14/2009)... Dental Care (also known as Culver City Dentist ... care in Southern California. We provide treatments in general ... and periodontal treatments. Beverly Hills Dentist and ... with experienced and trusted dentists who provide these treatments ... is one of these trusted dentists. He is best ...
(Date:12/14/2009)... seen in one gene, researchers say , , MONDAY, Dec. ... dozen genetic variants in a single gene linked to ... of Medicine in St. Louis analyzed the DNA of ... and identified 129 variants in four genes that could ... whites with heart failure and 625 healthy whites led ...
Breaking Medicine News(10 mins):Health News:Abbott to Acquire STARLIMS Technologies Ltd., a Leader in Laboratory Information Management Systems 2Health News:Abbott to Acquire STARLIMS Technologies Ltd., a Leader in Laboratory Information Management Systems 3Health News:Abbott to Acquire STARLIMS Technologies Ltd., a Leader in Laboratory Information Management Systems 4Health News:Heska Announces Installation of New Chemistry Analyzer 2Health News:Heska Announces Installation of New Chemistry Analyzer 3Health News:Aflac Incorporated Prices $400 Million of 30-Year Senior Notes 2Health News:Aflac Incorporated Prices $400 Million of 30-Year Senior Notes 3Health News:Aflac Incorporated Prices $400 Million of 30-Year Senior Notes 4Health News:United Dental Care, Gentle Care, Trusted Dentists 2Health News:United Dental Care, Gentle Care, Trusted Dentists 3
... SGI Altix XE Cluster with eXludus Grid Optimizer Delivers ... BLASTn and 70 Percent Acceleration of HMMER, SUNNYVALE, ... of the computer market in biosciences according to,the IDC ... and,Beyond", SGI (Nasdaq: SGIC ) introduces the SGI(R) ...
... Device Industry Executive Brings More Than 30 Years Experience to ... Personal Therapeutic ... (Tel Aviv Stock,Exchange: INCR) manufacturer of the RESPeRATE(R) hypertension treatment,device, ... Scot Dube as Vice President of Sales. Dube,brings more than ...
... Dec. 11 To make it easier for ... they have made significant,improvements in the management of ... to Excellence (BTE) has developed two new ways ... Certification and the,BTE Incentive and Reward Program Endorsement ...
... N.J., Dec. 11 MM2 Group, Inc.,(OTC Bulletin ... Nutritionals, Inc., a New York based nutraceutical,company which ... branded,products and through custom formulations for several large ... a new product featuring high,potency odorless fish oil ...
... the more red meat and processed meat you eat, the ... A quarter-pound hamburger or a small pork chop eaten daily ... cancers, U.S. government health researchers report. , The more ... risk, the researchers from the National Cancer Institute concluded. , ...
... By Slim-Fast and iVillage, ENGLEWOOD CLIFFS, N.J., Dec. ... Rachel Hunter loud and clear: Find the,Weight that,s Right ... #1 destination for women online, to help women achieve,realistic ... their slim".,This effort was part of the launch of ...
Other Medicine News:Health News:SGI Introduces the SGI BioCluster Life Sciences Workflow Solution 2Health News:SGI Introduces the SGI BioCluster Life Sciences Workflow Solution 3Health News:SGI Introduces the SGI BioCluster Life Sciences Workflow Solution 4Health News:InterCure Names Scot Dube Vice President of Sales 2Health News:InterCure Names Scot Dube Vice President of Sales 3Health News:Bridges to Excellence Announces New Implementation Programs for Health Plans and Additions to Board of Directors 2Health News:MM2 Group Closes Sale for New Fish Oil Product 2Health News:MM2 Group Closes Sale for New Fish Oil Product 3Health News:High Meat Consumption Linked to Heightened Cancer Risk 2Health News:High Meat Consumption Linked to Heightened Cancer Risk 3Health News:High Meat Consumption Linked to Heightened Cancer Risk 4Health News:Supermodel Rachel Hunter Helps Over 300 People Find Their Slim 2Health News:Supermodel Rachel Hunter Helps Over 300 People Find Their Slim 3Health News:Supermodel Rachel Hunter Helps Over 300 People Find Their Slim 4
(Date:12/14/2009)... Medical Corporation (OTC Bulletin Board: CONX), a ... kits, and BG Medicine, Inc. (BGM), a ... a supply agreement whereby Corgenix will manufacture ... assay (ELISA) microtiter format exclusively for BG ... in the United States of the BGM ...
(Date:12/14/2009)... 14 Greenway Medical Technologies, Inc. ... Prime Suite (®) 2011, is ... EHR, additionally certified for Child Health and ... Prime Suite 2011 achieved the higher ... offered by the Certification Commission for Health ...
(Date:12/14/2009)... Environmental health advocates hope that U.S. ... hazards of bisphenol A (BPA), a synthetic sex ... and other illnesses, in time for Christmas. ,, ... staff scientist, Natural Resources Defense Council : ... medical advice, FDA must rely on the advice ...
Breaking Medicine Technology:Corgenix and BG Medicine Announce Supply Agreement for BGM Galectin-3(TM) 2Greenway Medical Technologies' PrimeSuite 2011 Receives CCHIT 2011 Comprehensive Certification 2Greenway Medical Technologies' PrimeSuite 2011 Receives CCHIT 2011 Comprehensive Certification 3Greenway Medical Technologies' PrimeSuite 2011 Receives CCHIT 2011 Comprehensive Certification 4Toxic Chemical bisphenol A Still Not Banned By FDA; Schumer, Gillibrand Call for Ban; Govt Official Warns Public 2Healthspottr Launches New Fellows Program for Health Innovators 55756 1Healthspottr Launches New Fellows Program for Health Innovators 55756 2Healthspottr Launches New Fellows Program for Health Innovators 55756 3Shrinking Bylot Island glaciers tell story of climate change 9745 1Shrinking Bylot Island glaciers tell story of climate change 9745 2Shrinking Bylot Island glaciers tell story of climate change 9745 3Shrinking Bylot Island glaciers tell story of climate change 9745 4New Robotic Arm Has Softer Surgical Touch 55753 1New Robotic Arm Has Softer Surgical Touch 55753 2
... CoreTherm Microwave Thermotherapy System is the ... treatment of symptomatic BPH. Other thermotherapy ... protocols, discounting the effect of each ... will have on achieving the desired ...
... the release of the OES Pro line of ... most commonly used cystoscopy sheaths has taken Olympus ... can have one instrument that performs it all. ... cystoscopes offer a superior channel size while maintaining ...
... Whether you need ... office or at a ... complete mobility,for the healthcare ... Its,user-friendly touchscreen allows easy,navigation, ...
Fast, accurate SpO2 measurements always within reach....
Medicine Products: