Cialis doing more then expected
April 19, 2007
NEW YORK : Lilly reported Sales of erectile
dysfunction drug Cialis
and bipolar disorder and schizophrenia drug
Zyprexa both are gaining more his expectations.
He reported its paper results after the Monday.
Its $508.7 million profit was 39 percent lesser
than its year-ago total and this was due to
its takeover of ICOS Corp. and a restructuring
charge. After excluding those expenses, his
earnings came to 84 cents per share.
Robert Hazlett analyst of 'BMO Capital Markets'
said that company's prices and sales amount
both has augmented. According to him sales of
Cialis, diabetes drug Byetta and depression
treatment Cymbalta will continue to climb over
the next few years.
Also they are expecting this type of solid Results
till the end of year 2007.
All these thing raise the Lilly's share from
47 cents to & 58.87 and will climb to %59.00
As it is excepted
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