500 Job Source
One of the nation's
leading pharmaceutical research companies.
Lilly Corporate Center
Indianapolis, IN 46285
CEO: John Lechleiter
Stock Symbol: LLY
Eli Lilly is one of the nation's top pharmaceutical and research companies. Lilly is committed to developing products that help people live longer, healthier and more active lives. Lilly products treat depression, schizophrenia, attention-deficit hyperactivity disorder, diabetes, osteoporosis and many other conditions. Products are sold in 143 countries.
Elanco, a division of the company, sells animal health products.
The company has research and development facilities in 8 countries, manufacturing plants in 13 countries.
Lilly has 7,306 employees company-wide that are involved in research and development. There are 10,167 employees in the Indianapolis area and 20,657 outside the U.S.
Eli Lilly says it takes 10-15 years for
a new drug to be discovered and given to a patient at an average
cost of $800 million to $1.2 billion.
Here are the top drugs that Eli Lilly is
- Alimta® (pemetrexed, Lilly)
- Amyvid® (florbetapir, Lilly)
- Byetta® (exenatide injection, Amylin Pharmaceuticals)
- Cialis® (tadalafil, Lilly)
- Cymbalta® (duloxetine hydrochloride, Lilly)
- Effient (prasugrel, Lilly)
- Erbitux® (cetuximab, Imclone Systems, Lilly)
- Evista® (raloxifene hydrochloride, Lilly)
- Forteo® (teriparatide of recombinant DNA origin injection,
- Gemzar® (gemcitabine hydrochloride, Lilly)
- Humalog® (insulin lispro injection of recombinant DNA origin,
- Humulin® (human insulin of recombinant DNA origin, Lilly)
- Strattera® (atomoxetine hydrochloride, Lilly)
- Zyprexa® (olanzapine, Lilly)
In 2011, Lilly reported revenues increased 5 percent, to $24.28 billion. The company lost patent protection for Zyprexa in 2011, which was the top-selling medicine for Lilly with $4.6 billion in sales. Cymbalta was Lilly's second-highest selling drug.
Net income overall was $4.34 billion in 2011. The company spent $5.0 billion in research and development in 2011, up 3%.
In 2011, the company launched Bydureon, a drug to treat Type 2 diabetes.
The company was founded on May 10, 1876
by Colonel Eli Lilly in Indianapolis, IN. A 38-year-old pharmaceutical
chemist and a veteran of the U.S. Civil War, Colonel Lilly was
frustrated by the poorly prepared, often ineffective medicines
of his day. Consequently, he made these commitments to himself
and to society:
- He would found a company that manufactured pharmaceutical products
of the highest possible quality.
- His company would develop only medicines that would be dispensed
at the suggestion of physicians rather than by eloquent sideshow
- Lilly pharmaceuticals would be based on the best science of
Lilly acquired biopharmaceutical company ImClone Systems in 2008 for approximately $6.5 billion.
- Cash Compensation - Annual bonus
based on company performance
- 401(k) Savings Plan - Lilly guarantees a match of 50
cents for each dollar contributed up to six percent of your monthly
base salary. The company also has discretion to make an additional
matching contribution. The company's matching contribution is
invested in Lilly common stock. Full-vesting of contributions
after three years.
- Retirement - Company paid benefit plan
- Financial Planning
- Extended Disability Leave
- Life Insurance
- Flexible Spending Accounts
- Health Insurance
- Domestic Partner Benefits
- Prescription Drug Benefit
- Dental Insurance
- Long-term Care Insurance
- Employee Health Services
- Employee Assistance Program
- Lilly University
- Educational Assistance
- Vacations and Holidays - During your first year at Lilly,
you'll earn eight hours of vacation for each month of service.
The amount of your vacation time will increase every five years,
starting with 96 hours (12 days) per year and, by your 25th year
of service, culminating with 216 hours (27 days) per year. In
the year you complete 10 years of service and every five years
of service thereafter, you'll also receive 40 hours of recognition
vacation. Employees also can purchase up to 40 hours of additional
vacation time each year, and up to 80 hours of additional vacation
time in recognition years. Employees who don't want this much
vacation can trade up to 40 hours of vacation time, in four-hour
increments, for credits they can use to obtain other benefits.
Lilly also provides an average of nine paid holidays and an additional
annual year-end break for four of the working days between December
25 and January 1. Most calendar years, this totals 25 paid days
off your first full year at Lilly.
- Flexibility in the Workplace
- Time Savers - Business casual dress code, on-site cafeteria,
banking and postal services
- For your Family
- Fun and Fitness
- Community Support
Updated February 25, 2012