Exclusives | Europe

Lilly to build $2.5 billion Germany plant as obesity drug demand soars

17 November 2023, 12:00 am
1 min read

Reuters exclusively reported that Eli Lilly (LLY.N) will build its first plant in Germany in the western town of Alzey for 2.3 billion euros ($2.5 billion), the U.S. drugmaker said on Friday, as the sector scrambles to meet soaring demand for new diabetes and obesity therapies.