From Wikipedia,
the free encyclopedia.
One of the world's largest
corporations, Eli Lilly and
Company
NYSE:
LLY is a global
pharmaceutical company with
headquarters in
Indianapolis,
Indiana,
USA.
A
Fortune 500 corporation, Eli
Lilly had revenues of $13.9
billion in
2004. The company is publicly
traded on the
New York Stock Exchange and is
a member of the
S&P 500 stock index. Eli Lilly
is one of the
Nifty Fifty stocks that
propelled the late
20th century
bull market.
Eli Lilly is a leading global
manufacturer and distributor of
pharmaceutical therapies for
cancer,
cardiovascular disease,
central nervous system and
endocrine system disorders,
and
infectious diseases.
Among the company's many
pharmaceutical breakthroughs are
cephalosporin,
erythromycin,
insulin, and, with
Prozac (fluoxetine), the
world's first and most prominent
selective serotonin reuptake
inhibitor for the treatment of
clinical depression. In
addition to Prozac, some of
Lilly's famous product trademarks
include
Darvocet,
Evista,
Gemzar, Humalog, Humatrope and
Zyprexa.
Eli Lilly was the first
distributor of
methadone, used frequently in
the treatment of
heroin,
opium and other
narcotic
drug addictions.
Eli Lilly also created the
controversial vaccine preservative
thimerosal (also called
merthiolate).
In
2003, Eli Lilly introduced
Cialis (tadalafil), a
competitor to
Pfizer's blockbuster
Viagra for
erectile dysfunction. Cialis
was developed in a partnership
with
biotechnology company
ICOS.
Along with
General Electric and
IBM, Eli Lilly has developed a
global reputation for attracting
some of the brightest corporate
managerial talent.
The company was founded in
1876 by a 38-year old
pharmaceutical
chemist,
Eli Lilly.
Diversity
The company was named one of
the top 10 Best Companies for
Working Mothers in 2004 by
Working Mothers magazine.
