About Eli Lilly and Company (LLY)

Company Description:

Eli Lilly and Company, widely known as Lilly, is a leader in the healthcare sector with a primary focus on the creation of pharmaceutical products. The company has dedicated itself to meeting the health needs of people around the globe with a broad range of medicines and therapies.

Founded by Colonel Eli Lilly in 1876, Lilly has maintained its global headquarters in Indianapolis, Indiana, and has grown to become one of the world's largest pharmaceutical companies.

Main Product(s):

Lilly's product portfolio includes medications for diabetes, cancer, psoriasis, arthritis, and other serious illnesses. They are also recognized for their contributions to mental health, with antidepressants and treatments for schizophrenia and bipolar disorder.

Short History of Eli Lilly and Company:

• 1876 – Founded by Colonel Eli Lilly in Indianapolis, Indiana.
• 1923 – Lilly introduced the world's first commercial insulin.
• 1955 – The company expanded its research and development efforts by opening a new campus in Indianapolis.
• 1972 – Lilly was one of the first companies to mass-produce the polio vaccine developed by Jonas Salk.
• 1996 – Launched Prozac, a breakthrough antidepressant.
• 2023 – Continues to innovate with a strong pipeline in immunology and oncology.