Patent expiries take chunk out of Lilly’s profits

A 17 percent fall in Eli Lilly’s second-quarter revenue to $4.94 billion, reported today (July 24), was driven by the expiry of US patents covering antidepressant Cymbalta (duloxetine hydrochloride) and osteoporosis drug Evista (raloxifene hydrochloride), the company said.

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Patent expiries take chunk out of Lilly’s profits

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