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Lilly Reports Fourth-Quarter Profit on Sales of Antidepressant... Lilly incurred the tax on $8 billion in overseas profits returned to the U.S. Revenue rose to $3.88 billion from $3.64 billion. Sales of Cymbalta, approved for U.S. sale in August 2004, more than tripled. The product is helping Chief Executive Officer
Sidney Taurel to compensate for slowing sales of
``Cymbalta has to be successful,'' said Shibutani, who
doesn't own the stock, in an interview last week. ``Its
importance lies in the expectation that it has blockbuster
potential, and it is the most important of the company's new
products.''
New drugs including Cymbalta will account for 24 percent of
2006 sales after a projected 18 percent in 2005 and 11 percent
the year before, the company said in December.
Beats Expectations
Excluding restructuring costs, Lilly said fourth-quarter
profit was 80 cents a share, beating the 78 cents estimated b... 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | All news |
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