Eli Lilly looks to ease shareholders’ concerns: Zyprexa questions persist at annual investor meeting
It hasn’t been easy the last few years to be a shareholder of Eli Lilly and Co. Lilly’s stock price has languished as the company’s vaunted drug pipeline has suffered hiccups and as legal troubles over its best-selling drug, Zyprexa, have lingered. So as Lilly shareholders gather April 16 for their annual meeting, two key questions hang in the air. Both center on Zyprexa, an anti-schizophrenia drug, which accounts for one-quarter of Lilly’s revenue and even more of its profit….