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Eli Lilly and Company to Open a Diabetes-Focused Research Center in China
Date:11/2/2010

our presence in China, a key component of which is integrating Chinese companies and talent into our efforts to make a difference for patients," said Tony Zhang, Ph.D., Lilly's vice president of global external research and development-Asia.

About Lilly

Lilly, a leading innovation-driven corporation is developing a growing portfolio of pharmaceutical products by applying the latest research from its own worldwide laboratories and from collaborations with eminent scientific organizations. Headquartered in Indianapolis, Ind., Lilly provides answers - through medicines and information - for some of the world's most urgent medical needs. Additional information about Lilly is available at www.lilly.com.

This press release contains forward-looking statements about Lilly's new research center to be established in China and reflects Lilly's current beliefs. As with any pharmaceutical research, there are substantial risks and uncertainties in the process of development and commercialization. There is no guarantee that this research facility will produce any potential medicines, or that any such compounds will be proven safe and effective for the treatment of diabetes or any other indication.  There is also no guarantee that any such compound will be approved for marketing in China or any other country or achieve commercial success. For further discussion of these and other risks and uncertainties, see Lilly's filings with the United States Securities and Exchange Commission. Lilly undertakes no duty to update forward-looking statements.

P-LLY

(1) Prevalence of Diabetes among Men and Women in China.  The New England Journal of Medicine.  Volume 362, 1090-1101; March 25, 2010

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