Eli Lilly (LLY) to Invest $3 Billion in China Over the Next Decade, Reuters Reports [Yahoo! Finance]
Eli Lilly and Company (LLY)
Last eli lilly and company earnings: 4/23 06:25 am
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Source: Yahoo! Finance
Eli Lilly and Company (NYSE: LLY ) is one of the most profitable blue chip stocks to invest in now . Reuters reported on March 11 that Eli Lilly and Company (NYSE:LLY) plans to invest $3 billion in China over the next decade, helping develop production capacity for its experimental ?type-2 diabetes and obesity treatment orforglipron. In a statement delivered on WeChat, the company stated that it submitted a marketing application for orforglipron ?to China's drug regulator at the end of ?2025. It also plans to establish a localised manufacturing and supply ?system ?for oral solid dosage forms, according to the statement. RBC Capital Initiates Eli Lilly (LLY), Cites Long-Term Leadership in Obesity Market Reuters provided additional context, stating that Eli Lilly and Company (NYSE:LLY) is the latest Western healthcare firm to announce additional manufacturing investment plans in China, following others, such as Haleon, earlier this year. However, not all drugmakers are following th
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LLY
News
- Eli Lilly and Company (LLY) was downgraded by HSBC Holdings plc from "hold" to "reduce". They now have a $850.00 price target on the stock.MarketBeat
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LLY
Earnings
- 2/4/26 - Beat
LLY
Sec Filings
- 3/6/26 - Form PRE
- 2/19/26 - Form 4
- 2/18/26 - Form 4
- LLY's page on the SEC website