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What is the history of Eli Lilly and Company?

Asked 2 years ago
Eli Lilly and Company was founded in 1876 by Colonel Eli Lilly, a pharmaceutical chemist who aimed to create high-quality medicines. The company began in Indianapolis, Indiana, initially focusing on producing and selling a variety of medications, including those derived from plant extracts. Lilly's commitment to excellence and innovation led to the development of the first commercially available insulin through its collaboration with researchers in the 1920s, marking a significant milestone in diabetes treatment. Throughout the years, Eli Lilly and Company has evolved and expanded its product offerings, introducing several groundbreaking medications. The company was instrumental in the development of antibiotics, particularly penicillin, during World War II, and later became a key player in the field of mental health with the introduction of fluoxetine, commonly known as Prozac, in 1987. This medication was one of the first selective serotonin reuptake inhibitors and profoundly changed the treatment of depression. In the late twentieth and early twenty-first centuries, Eli Lilly diversified its research and development pipeline, focusing on a wide range of therapeutic areas, including diabetes, oncology, immunology, and neurology. The company has continually invested in scientific research and global health initiatives, striving to make a significant impact on patient care worldwide. Today, Eli Lilly and Company is known for its commitment to innovation and sustainability, maintaining a strong position in the pharmaceutical industry while working to improve the lives of patients through the development of new treatments. For more details on their history and current initiatives, one may explore their official website at lilly.com.
Answered Jul 10th 2025

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