Eli Lilly Revenue Falls as Sales of Covid-19 Treatment Wane

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Eli Lilly & Co. posted a 4% decline in second-quarter income, as a drop in gross sales of the corporate’s Covid-19 antibody therapy and a few older medication offset positive factors in gross sales for newer medication.

The pharmaceutical firm Thursday reiterated its gross sales forecast for the 12 months however minimize its revenue outlook because the stronger U.S. greenback hurts outcomes.

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