Eli Lilly and Company: Difference between revisions

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(Added off-label marketing of Zyprexa scandal.)
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On July 20, 2019; Eli Lilly was found to have bribed the Jury and victims of mass shootings 20 million dollars, in multiple lawsuits against Eli Lily for murder from Prozac, to hide evidence of Prozac increasing the rate of mass shootings.<ref>{{News citation|title=Prozac maker paid millions to secure favorable verdict in mass shooting lawsuit, victims say|url=https://www.azcentral.com/story/news/nation/2019/09/12/prozac-makers-secret-payment-mass-shooting-lawsuit-revealed/2302888001/|date=2019-09-12T12:33Z−07:00|author=Andrew Wolfson|publisher=ALLIANCE FOR HUMAN RESEARCH PROTECTION}}</ref>
On July 20, 2019; Eli Lilly was found to have bribed the Jury and victims of mass shootings 20 million dollars, in multiple lawsuits against Eli Lily for murder from Prozac, to hide evidence of Prozac increasing the rate of mass shootings.<ref>{{News citation|title=Prozac maker paid millions to secure favorable verdict in mass shooting lawsuit, victims say|url=https://www.azcentral.com/story/news/nation/2019/09/12/prozac-makers-secret-payment-mass-shooting-lawsuit-revealed/2302888001/|date=2019-09-12T12:33Z−07:00|author=Andrew Wolfson|publisher=ALLIANCE FOR HUMAN RESEARCH PROTECTION}}</ref>


===Off-label marketing of Zyprexa===
===Unapproved promotion of Zyprexa===


In 2007, Eli Lilly and Company had paid $1.415 billion to resolve allegations regarding promotion of off-label usage of Zyprexa.<ref name=:0>{{News citation|title=Eli Lilly and Company Agrees to Pay $1.415 Billion to Resolve Allegationsof Off-label Promotion of Zyprexa|url=https://www.justice.gov/opa/pr/eli-lilly-and-company-agrees-pay-1415-billion-resolve-allegations-label-promotion-zyprexa|date=2009-01-15|newspaper=Office of Public Affairs}}</ref> Eli Lilly also paid up to $800 million in a civil settlement with the federal government and the states.<ref name=:0 />
Between 1999 and 2005, Eli Lilly promoted Zyprexa in primary-care for treatment of Dementia and Alzheimer's Dementia, without the approval of the [[Food and Drug Administration]].<ref name=:0>{{News citation|title=Eli Lilly and Company Agrees to Pay $1.415 Billion to Resolve Allegationsof Off-label Promotion of Zyprexa|url=https://www.justice.gov/opa/pr/eli-lilly-and-company-agrees-pay-1415-billion-resolve-allegations-label-promotion-zyprexa|date=2009-01-15|newspaper=Office of Public Affairs}}</ref>
 
In 2007, Eli Lilly had been sued by the [[United States of America|U.S government]], for $1.415 billion, due to the unapproved promotion of Zyprexa in primary-care.<ref name=:0 />


==References==
==References==
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Revision as of 12:32, 12 September 2022

Eli Lilly and Company
FounderEli Lilly
IndustryPharmacy
Key peopleDavid A. Ricks (Chairperson, President, & CEO)
Anat Ashkenazi (Vice president & CFO)[1]
OwnershipLilly Endowment, 11.6%[2]
Revenue+US$22.319 billion (2019)[3]
Net income+US$8.318 (2019)[3]
Total assets-US$39.286 (2019)[3]
Website
www.lilly.com


Eli Lilly and Company, often shortened to Eli Lilly, is a U.S-based pharmaceutical corporation.

Controversies

Prozac Jury corruption

On July 20, 2019; Eli Lilly was found to have bribed the Jury and victims of mass shootings 20 million dollars, in multiple lawsuits against Eli Lily for murder from Prozac, to hide evidence of Prozac increasing the rate of mass shootings.[4]

Unapproved promotion of Zyprexa

Between 1999 and 2005, Eli Lilly promoted Zyprexa in primary-care for treatment of Dementia and Alzheimer's Dementia, without the approval of the Food and Drug Administration.[5]

In 2007, Eli Lilly had been sued by the U.S government, for $1.415 billion, due to the unapproved promotion of Zyprexa in primary-care.[5]

References

  1. Jaimy Lee (9 February 2021). Lilly promotes Anat Ashkenazi to CFO, says previous CFO had 'inappropriate' communication with employees Market Watch. Archived from the original on 9 February 2021.
  2. Document.
  3. 3.0 3.1 3.2 Eli Lilly and Company 2019 Annual Report (19 February 2020).
  4. Andrew Wolfson (2019-09-12T12:33Z−07:00). "Prozac maker paid millions to secure favorable verdict in mass shooting lawsuit, victims say"
  5. 5.0 5.1 "Eli Lilly and Company Agrees to Pay $1.415 Billion to Resolve Allegationsof Off-label Promotion of Zyprexa" (2009-01-15). Office of Public Affairs.