Eli Lilly History

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1876- Colonel Eli Lilly founded the global research company, Lilly Pharmaceuticals in Indiana State.
1886- Colonel Lilly hired a young chemist to help him to discover new and enhanced methods for the company's products and also to work on the development of better and new pharmaceuticals.
1920’s - the world’s leading insulin (Iletin) a treatment product for diabetes was available.
1920’s - Lilly began a research plan to find a medication for a life-threatening blood disease called pernicious anemia.
1926- Lilly sales reached $9 million, and the business had created more than 2,800 various products.
1940’s - Lilly was one of the leading businesses to establish a mass-produce penicillin.
1950’s- the company launched two different antibiotics; …show more content…

1970’s- another medicine of the cephalosporin called Ceclor was launched and it was the world’s best selling oral antibiotics.
1968- The Eli Lilly and Company established a separate a tax-exempt private charitable foundation that was financed by Lilly’s corporate profits. According to Pharmaphorum, this foundation was created to “Improving the lives of people who lack the resources to obtain quality healthcare, with a primary focus on low and middle-income countries”
1980’s - The first significant foundation of treatments for clinical depression was introduced. Also, Prozac (fluoxetine) entered the market in the same year.
1990’s 1990's - there were many developments of many innovative new products. This development introduced the following drugs: Gemzar was developed to treat the pancreatic and non-small-cell lung cancer, schizophrenia drug Zyprexa, and fast-acting insulin product Humalog. Also, Evista was introduced to be the first drug that is used to prevent and treat postmenopausal osteoporosis.
2004- FDA-approved the first and only drug in the US that treats bipolar depression called