A Public Company
Stock ID: LLY
Officers of Company
John C. Lechleiter, Ph. D - CEO
Derica W. Rice – CFO
Bart Peterson – Corporate Affairs and Communications
How Eli Lilly Got Started…
The company was founded by Colonel Eli Lilly in May 1876 in Indianapolis, Ind. Originally the company only had 3 employees. The company remained in the family until 1953 as Colonel Lilly’s son, Josiah, and two grandsons, Eli and Josiah Jr., each served as president of the company. Eli Lilly and Com is now the 10th largest pharmaceutical company in the world.
Why They Started…
Colonel Lilly was upset with the lack of quality medicine in circulation during the …show more content…
However, in 1923 Lilly partnered with the University of Toronto to create the world’s first commercial insulin. Today, Eli Lilly and Co. has over 100 partnerships, covering the entire pharmaceutical value chain.
Eli Lilly has pharmaceutical products that cover all types of medical needs. The main fields are oncology, cardiovascular, critical care, neuroscience, diabetes, men’s health and musculoskeletal.
Product Information Con’t
Lilly uses the slogan “Answers that matter,” for their customers. Eli Lilly rightfully coordinates their marketing activities and medical research with this saying.
Eli Lilly was one of the first companies to develop a method to “mass-produce incline”
Eli Lilly and Insulin
Eli Lilly produced Humulin insulin. This insulin was produced by genetically modifying bacteria. This product is FDA approved. This insulin is being sold on the market currently. Humulin insulin is for diabetic patients.
Animal Care Products
Eli Lilly has a division dedicated solely to animals and the quality care and products invocation through three different