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FDA approves Eli Lilly’s oral Olumiant as a standalone COVID-19 treatment for hospitalized adult patients using supplemental oxygen or ventilation; Olumiant has treated over one million patients with sales up from US$437.0M in 2019 to US$1.1B in 2021

FDA approves BLA 125521 for Eli Lilly’s Taltz injectable containing ixekizumab 80 mg/mL in one formulation to treat autoimmune disease; the drug is available by prescription only and has no therapeutic equivalents

Phase 3 study shows Lilly’s injectable tirzepatide helped two-thirds of participants reduce body weight by at least 20%; tirzepatide is first investigational medicine to deliver more than 20% weight loss on average in a phase 3 study

Eli Lilly reports Q1 net profit up 40% from a year ago to US$1.9B, with revenue up 15% year-over-year to US$7.8B; Q1 COVID-19 antibody drug sales up at US$1.47B from US$810.1M a year ago, as company raises 2022 revenue guidance to US$28.8B to US$29.3B

Biopharmaceutical firm Innovent partners with Eli Lilly to distribute intravenous gastric, liver cancer drugs Cyramza ramucirumab, Retsevmo selpercatinib, Pirtobrutinib in China; gastric and liver cancers affect nearly 900,000 patients annually in China

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