MAAT INDEX

CLAIM #36852 · Eli Lilly and Company (LLY) · 2024Q1 earnings call · Apr 30, 2024 · due Dec 31, 2025

Potentially next year, obviously, we'll see. We'll continue to invest and ramp as we go into next year, but it could be quite some time.

Anat Ashkenazi · CFO

PENDING
graded after results covering Dec 31, 2025 are reported

In context

gressing incredibly well, and I'm incredibly proud of the work done by our M&Q colleagues around the world. Clearly, we have sites working 24/7. We're doing construction overnight. We're making the right investments and so we're progressing rapidly as you've seen evidenced by the results as well as the raise we did for the year. But the demand is strong, which shouldn't be a surprise given the health benefits that these products provide to patients, highly efficacious and safe medicines. And I expect that this will continue through the year, even with the significant ramp that we have, and we'll add more supply across different presentations, both with the auto-injector as well as the KwikPen. But even with that, I expect that the demand will be -- will outpace supply through this year. Potentially next year, obviously, we'll see. We'll continue to invest and ramp as we go into next year, but it could be quite some time. We talked earlier about orforglipron, should we have positive Phase III readout that provides another relief valve in terms of just offering a different presentation, as Dave mentioned, which utilizes a different set of infrastructure within our manufacturing organization available capacity globally. So it will be in a stepwise fashion. We'll continue to update investors as we progress through the year and coming years. Operator: Next question will be from Carter Gould from Barclays. Carter L. Gould: I wanted to dive into bimagrumab ahead of the Phase IIb data forthcoming. Can you talk for a bit around the importance of showing stat sig or clear dose response across the composition of the weight loss drivers and maybe as well as the importance of not blunting the overall weight loss a

Verify independently

SEC filings for LLY · Claim quote is verbatim from the 2024Q1 earnings call.