Eli Lilly Invests $9 Billion to Boost Production of Weight Loss Drugs
The pharmaceutical giant's historic investment aims to meet soaring demand and alleviate shortages of Zepbound and Mounjaro.
- Eli Lilly commits an additional $5.3 billion to expand its manufacturing facility in Lebanon, Indiana.
- The total investment of $9 billion is the largest in the company's history, aimed at increasing production of weight loss drugs Zepbound and Mounjaro.
- The expansion will help address the high demand and ongoing shortages of these medications.
- The Indiana site will create 200 full-time jobs and over 5,000 construction jobs during its development.
- The investment reflects a broader trend of U.S. companies reshoring manufacturing to enhance supply chain resilience.