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2021-10-26
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Lilly raises 2021 outlook on higher COVID-19 drugs sales
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The antibody treatments brought in $217 million in the third quarter, up from $149 million in the second quarter.</p>\n<p>The U.S. government in September bought 388,000 additional doses of Lilly's etesevimab, of which Lilly said it shipped about 250,000 doses in the three months ended Sept. 30.</p>\n<p>The company said it now expected adjusted earnings per share between $$7.95 and $8.05 this year, up from its previous forecast of $7.80 to $8.00.</p>\n<p>Excluding one-off items, Eli Lilly earned $1.94 per share, missing analyst estimates of $1.98 per share, on higher research and development expenses including for the COVID-19 drugs.</p>\n<p>Lilly shares rose more than 1% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/810de663a911c7baf185bbd4108e8cd6\" tg-width=\"879\" tg-height=\"581\" width=\"100%\" height=\"auto\"></p>\n<p></p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLilly raises 2021 outlook on higher COVID-19 drugs sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-26 18:31 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=19103484><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oct 26 (Reuters) - Eli Lilly and Co raised its full-year profit and revenue forecasts on Tuesday, mainly due to higher sales of its COVID-19 antibody therapies, and the drugmaker said it has initiated...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19103484\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LLY":"礼来"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19103484","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2178240346","content_text":"Oct 26 (Reuters) - Eli Lilly and Co raised its full-year profit and revenue forecasts on Tuesday, mainly due to higher sales of its COVID-19 antibody therapies, and the drugmaker said it has initiated a rolling submission for its experimental Alzheimer's treatment.\nDemand for Lilly's COVID-19 antibody therapies, bamlanivimab and etesevimab, rose during the last three months as the spread of the Delta variant fueled a sharp rise in infections and hospitalizations in areas with low vaccination rates. 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