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News  ›  Benzinga

What's Up With The Rise In Eli Lilly Stock Today?

Benzinga Logo Benzinga By Evette Mitkov
What's Up With The Rise In Eli Lilly Stock Today?

Eli Lilly announced a $3 billion investment in a new manufacturing plant in the Netherlands to produce oral medications, focusing on advanced manufacturing technologies and expanding its global supply chain.

Insights
IREN   positive

Leads in HPC colocation at ~80% approved capacity, estimated ~$600 million annualized cash operating profits


LLY   positive

Company is making significant strategic investment in European manufacturing, expanding production capabilities, and planning to submit new obesity treatment for regulatory approval