Eli Lilly and Co. said Monday its first-quarter profit fell 5 percent, as the drugmaker took charges tied to health reform and increased spending on research, development and marketing.
April 19, 2010 at 01:25 PM
1 minute read
Eli Lilly and Co. said Monday its first-quarter profit fell 5 percent, as the drugmaker took charges tied to health reform and increased spending on research, development and marketing.
Eli Lilly also reduced its full-year profit outlook due to health overhaul related charges.
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