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CLAIM #36859 · Eli Lilly and Company (LLY) · 2024Q2 earnings call · Aug 8, 2024 · due Dec 31, 2024

And in the U.S., we expect sales to accelerate as the product-specific code went live on July 1.

Gordon Brooks · Interim CFO

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versus commitment · official band 5 percent
Committed
we expect sales to accelerate as the product-specific code went live on July 1
Reported
Revenue grew 45% in the most recent quarter as our recently launched products gained momentum.

In context

ue in Rest of World increased 61% in constant currency, primarily driven by Mounjaro volume growth from demand and channel dynamics. Slide 10 provides additional perspective on performance across our product categories. Verzenio solid growth in the second quarter across major geographies with worldwide sales increasing 44%, driven by the early breast cancer indication. Jaypirca revenue increased to $92 million worldwide, which included a $19 million partner milestone payment related to Japan. Jaypirca continued impressive quarter-over-quarter growth, building on the brand's uptake from both the MCL and CLL patient populations. OMVOH is launched in the U.S. and 14 international markets with sales of $26 million in Q2. These launches continue to progress well with increasing patient starts. And in the U.S., we expect sales to accelerate as the product-specific code went live on July 1. Mounjaro sales in Q2 were $3.1 billion globally with $2.4 billion in the U.S. Revenue growth in the U.S. reflected continued strong demand as well as the improved channel dynamics discussed earlier. We're seeing solid uptake in Mounjaro outside the U.S., with sales in Q2 totaling $677 million. In the first half of the year, we launched the quick pen presentation in the U.K., Germany and the UAE. So far in Q3, we've also launched Mounjaro Quick Pen in Spain and plan to launch an additional market throughout 2024. In Q2, worldwide Trulicity revenue declined 31%. U.S. Trulicity revenue decreased 36% driven by lower volume, primarily due to competitive dynamics and supply constraints, partially offset by improved wholesaler stocking levels on services. Turning to Slide 11. We have an update o

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SEC filings for LLY · Claim quote is verbatim from the 2024Q2 earnings call.