Eli Lilly Is Well-Positioned for Growth After Splitting Off Its Animal Health Business
Eli Lilly reported fourth-quarter results slightly ahead of both our and consensus expectations, but the company also lowered its 2019 full-year guidance more than we expected partly due to the failed Lartruvo study and increased research and development spending associated with the Loxo acquisition. However, we don't expect any significant changes to our fair value estimate based on the results and guidance. We continue to view Lilly's wide moat in a strong position with a leading number of rec...Eli Lilly and Company discovers, develops, manufactures, and markets products in a single business segment: human pharmaceutical products. The company's human pharmaceutical products include: diabetes and other endocrinology products, immunology products, neuroscience products, oncology products, and other products. The company's diabetes and other endocrinology products include: Baqsimi? and Basaglar?. The company's immunology products include: Olumiant? and Taltz?. The company's neuroscience products include: Cymbalta? and Emgality?. The company's oncology products include: Alimta?, Cyramza?, Erbitux? and Verzenio?. The company's other products include: Cialis?.
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