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Page 2 - தலைமை நிர்வாகி அதிகாரி டேவிட் ரிக்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Lilly hit by staff accusations, FDA scrutiny at COVID drug factories

Message : Required fields (Reuters) - Eli Lilly & Co employees have accused a factory executive of altering documents required by government regulators in an effort to downplay serious quality control problems at the U.S. plant producing the drugmaker s COVID-19 treatment, according to an internal Lilly complaint and a source familiar with the matter. The unsigned report, filed April 8 in Lilly s confidential employee complaint system and reviewed by Reuters, is the latest sign of manufacturing problems at the drug giant. The complaint asserts that the executive, a top quality official at the company s factory in Branchburg, New Jersey, rewrote findings by Lilly technical experts at the plant, which has been under investigation by the U.S. Food and Drug Administration, to make the conclusions appear more favorable to the company.

Lilly announces global donations of COVID treatments

by: Wes Mills. Inside INdiana Business Posted: May 4, 2021 / 06:49 PM EST INDIANAPOLIS (Inside INdiana Business) Indianapolis-based Eli Lilly and Co. (NYSE: LLY) says it will donate an unspecified amount of its COVID-19 therapies to low and lower-middle-income countries most heavily affected by the pandemic. The company says it will donate both baricitinib as well as its cocktail prescription of bamlanivimab and etesevimab, which provides options to treat COVID-19 patients at different stages of the disease. The announcement comes as the company also says it will provide 400,000 doses of baricitinib to the Indian government for COVID-19 patients who are hospitalized. The World Health Organization reported Tuesday that India recorded nearly 360,000 new cases of the disease over the past 24 hours

Lilly gains after antibody sales boost fourth-quarter earnings

Lilly gains after antibody sales boost fourth-quarter earnings Emma Court, Bloomberg News An Eli Lilly & Co. logo is seen on a box of Humulin brand insulin medication in this arranged photograph at a pharmacy in Princeton, Illinois, U.S., on Monday, Oct. 23, 2017. Eli Lilly is scheduled to release earnings figures on October 24. Photographer: Daniel Acker/Bloomberg , Photographer: Daniel Acker/Bloomberg ​Eli Lilly & Co. rose Friday as sales of its COVID antibody treatment helped fourth-quarter profit and revenue beat analysts’ estimates. Adjusted earnings for the quarter were US$2.75 a share, Lilly said Friday, while analysts had expected US$2.38 a share. Revenue was US$7.44 billion, compared with the average projection of US$7.3 billion. The shares gained as much as 3.8 per cent as of 9:40 a.m. in New York.

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