Lilly to invest $850 million in US operations this year

24 March 2017

US pharma major Eli Lilly (NYSE: LLY) is to invest $850 million in its US operations in 2017, the company announced on Friday.

The investments are being driven by demand for Lilly products, the company said, along with its pipeline of potential medicines in development targeting cancer, pain, diabetes and other conditions.

"Our future at Lilly is bright, as we're on a path to launch 20 new products in a 10-year time frame"

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