Essential Milestones
The company provided excellent customer services by offering its products around the world. They reached many places to help others heal any illnesses. Also, the business committed to providing consumers better and discoveries in the pharmaceutical industries. However, as mentioned above that Eli Lilly and Company was the first to establish different antibiotics to treat various diseases. The company also developed a foundation for improving the lives of people who needed the support to get quality healthcare in many places around the world.
- 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 companies to establish a mass-produce penicillin.
- 1950’s- the company, launched two different antibiotics; erythromycin and vancomycin.
- 1960’s-Lilly had found the cephalosporins which are the first line of oral and injectable antibiotics in a different and new form.
- 1970’s- another medicine of the cephalosporin called Ceclor was launched, and it was the world’s bestselling 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 Symbyax.
- 2012 – Lilly made a great success in earning a net sale of $22, 603 million, with the dividend paid per share at $1.96.
- 2013 and above - Lilly has known for its dedication to promote and enhance the lives of everyone. According to Pharmaphorum, Lilly was named in DiversityInc’s “Top 50 Companies for Diversity” listing, that identifies corporate diversity best practices for three years in a row.
- 2015- Lilly had donated about $13.2 million to United Way, maintaining the dedication to the charity that was established by Colonel Lilly in the 1800s.
- 2016- Lilly celebrates 140 years of commitment to the caring for others with the discovery of many drugs to make life healthier and better for people around the world.
The company provided excellent customer services by offering its products around the world. They reached many places to help others heal any illnesses. Also, the business committed to providing consumers better and discoveries in the pharmaceutical industries. However, as mentioned above that Eli Lilly and Company was the first to establish different antibiotics to treat various diseases. The company also developed a foundation for improving the lives of people who needed the support to get quality healthcare in many places around the world.