John C Lechleiter Net Worth is19.3 $Million
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Company Name: Eli Lilly and Company
Company Type: Public company
Traded As: LLY, S&P 500
Foundation: 1876
Founder: Colonel Eli Lilly
Location: Indianapolis, Indiana, United States
Key People: John C. Lechleiter,
Industry: Pharmaceuticals
Products: Prozac, Darvocet
Revenue: {{increase United States Dollar 24.286 billion (2011) Operating Income: net income
Assets: equity
Num Employees: 38,350 (December 2010) Homepage: [http://www.lilly.com/ Lilly.com]
Eli Lilly and Company (NYSE: LLY) is a global pharmaceutical company. Eli Lilly's global headquarters is located in Indianapolis, Indiana, in the United States. The company also has offices in Puerto Rico and 17 other countries. Their products are sold in approximately 125 countries. The company was founded in 1876 by a pharmaceutical chemist, Eli Lilly, after whom the company was ultimately named.
Among other specialties, Lilly was the first company to mass-produce penicillin, as well as one of the first pharmaceutical companies to produce human insulin using recombinant DNA, and today is the world's largest manufacturer and distributor of psychiatric medications.
A Fortune 500 corporation, Eli Lilly had revenues of $20 billion in 2008, making it the 148th largest company in the United States and the 10th largest corporation by global pharmaceutical sales. The company is publicly traded on the New York Stock Exchange and is a member of the S&P 500 stock index. Eli Lilly was one of the Nifty Fifty stocks that propelled the mid 20th century bull market.
Eli Lilly is a full member of the European Federation of Pharmaceutical Industries and Associations (EFPIA).
Colonel Eli Lilly, a pharmacist and a veteran of the American Civil War, began formulating plans to create a medical wholesale company while working in partnership at a drug store named Binford & Lilly. His wife's death from malaria a few years earlier influenced him to see a need for working capital. His first innovation was gelatin-coating for pills and capsules. Following on his experience of low-quality medicines used in the Civil War, Lilly committed himself to producing only high-quality prescription drugs, in contrast to the common and often ineffective patent medicines of the day. His products, which worked as advertised and gained a reputation for quality, began to become popular in the city. In his first year of business, sales reached $4,470 and by 1879, they had grown to $48,000. He hire

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John C Lechleiter Latest News

BRIEF-Eli Lilly and Co says CEO John Lechleiter's 2016 total compensation was $18.4 mln

CEO John C. Lechleiter's 2016 total compensation was $18.4 million versus $16.6 million in 2015 * CFO Derica Rice's total compensation for 2016 was $7.9 million versus $6.9 million in 2015 - SEC filing Source text (http://bit.ly/2n6oZEG) Further company ...
Posted: March 20, 2017, 3:14 am

Smith wins prize in Heritage Arts Exhibition

... Beth Clary Schwier of New Palestine won the gold prize awarded by John and Sarah Lechleiter in memory of John R. Rardon. Second prize of $3,000 was awarded to C. W. Mundy of Indianapolis for an oil painting of a ship scene titled “The Angelique ...
Posted: June 13, 2018, 12:01 am

Long-time Lilly CEO Lechleiter to retire in December

Eli Lilly Chairman and CEO John C. Lechleiter will retire in December after leading the drugmaker through a challenging period in which it lost U.S. patent protection for several top-selling products. The Indianapolis company says the president of its bio ...
Posted: July 27, 2016, 4:32 am
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