• Home 1
  • Privacy Policy
LSD News
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
LSD News
No Result
View All Result
Home Business

Eli Lilly to build $6 billion manufacturing plant in Alabama to help make upcoming obesity pill, other drugs

by
December 10, 2025
in Business
0
Eli Lilly to build  billion manufacturing plant in Alabama to help make upcoming obesity pill, other drugs
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Eli Lilly CEO David A. Ricks speaks at a press conference at Generation Park in Houston, Monday, Sept. 23, 2025. The company announced plans for a $6.5 billion biomanufacturing plant in north Houston. (Raquel Natalicchio/Houston Chronicle via Getty Images)

Raquel Natalicchio | Houston Chronicle | Getty Images

Eli Lilly on Tuesday said it will spend $6 billion to build a manufacturing plant in Huntsville, Alabama, to help boost production of its closely watched experimental obesity pill and other drugs. 

It is the third facility in a string of new planned U.S. investments by the drugmaker. Eli Lilly announced in February that it would spend at least $27 billion to build four new domestic manufacturing plants, adding to $23 billion in previous investments since 2020.

The company said it expects construction of the Alabama plant to start in 2026 and for it to be completed in 2032. 

“Today’s investment continues the onshoring of active pharmaceutical ingredient (API) production, strengthening supply chain resilience and reliable access to medicines for patients in the U.S.,” said Eli Lilly CEO David Ricks in a release. 

That added production capacity for Eli Lilly’s obesity pill, orforglipron, is crucial as the company races to file for its approval and tries to maintain its dominance in the booming market for GLP-1s. The company and its chief rival, Novo Nordisk, faced supply shortages for their existing weekly injections after demand skyrocketed in the U.S. in recent years, though they have managed to alleviate those issues.

Eli Lily’s pill in November won a priority review voucher from the Food and Drug Administration, which will significantly speed up the regulator’s assessment of the drug to potentially a few months. 

Drugmakers have been scrambling to boost their production in the U.S. after threats by President Donald Trump to impose tariffs on pharmaceuticals imported into the U.S. But concerns about those potential tariffs have eased following recent drug pricing deals with Trump that exempt companies from the levies.

Eli Lilly said the Alabama site will bring 450 jobs to the area, including engineers, scientists, operations personnel and lab technicians, as well as 3,000 construction jobs. 

Tags: AlabamabillionBiotech and PharmaceuticalsBiotechnologyBreaking News: BusinessBuildBusinessbusiness newsDavid A. RicksDonald J. TrumpDonald TrumpDrugsEliEli Lilly and CoHealth care industryLillyManufacturingobesityPharmaceuticalspillPlantupcoming
Previous Post

Brokerages say IndiGo’s long-term story is intact, but do technicals signal otherwise?

Next Post

Video: Trump Attacks Fed Governors Ahead of Key Interest Rate Meeting

Next Post
Video: Trump Attacks Fed Governors Ahead of Key Interest Rate Meeting

Video: Trump Attacks Fed Governors Ahead of Key Interest Rate Meeting

Stay Connected test

  • 138 Followers
  • 205k Subscribers
  • 23.9k Followers
  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

July 18, 2023
As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto

As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto

March 23, 2025
Why startups and tech giants are racing to build a practical quantum computer

Why startups and tech giants are racing to build a practical quantum computer

March 23, 2025
Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

March 23, 2025
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

5
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

5
Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

3
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

1
Nifty can cross 32K in 2026 bull case scenario: Kotak Securities

Nifty can cross 32K in 2026 bull case scenario: Kotak Securities

December 10, 2025
Australia is trying to enforce the first teen social media ban. Governments worldwide are watching.

Australia is trying to enforce the first teen social media ban. Governments worldwide are watching.

December 10, 2025
What BlackRock’s Latest Filing Means For The Ethereum Price | Bitcoinist.com

What BlackRock’s Latest Filing Means For The Ethereum Price | Bitcoinist.com

December 10, 2025
Supply chain diversification away from China is progressing from talks to action, EU chamber says

Supply chain diversification away from China is progressing from talks to action, EU chamber says

December 10, 2025

Recent News

Nifty can cross 32K in 2026 bull case scenario: Kotak Securities

Nifty can cross 32K in 2026 bull case scenario: Kotak Securities

December 10, 2025
Australia is trying to enforce the first teen social media ban. Governments worldwide are watching.

Australia is trying to enforce the first teen social media ban. Governments worldwide are watching.

December 10, 2025
What BlackRock’s Latest Filing Means For The Ethereum Price | Bitcoinist.com

What BlackRock’s Latest Filing Means For The Ethereum Price | Bitcoinist.com

December 10, 2025
Supply chain diversification away from China is progressing from talks to action, EU chamber says

Supply chain diversification away from China is progressing from talks to action, EU chamber says

December 10, 2025

We bring the latest news from all over the world and get all time updated you

Follow Us

Browse by Category

  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
  • Uncategorized

Recent News

Nifty can cross 32K in 2026 bull case scenario: Kotak Securities

Nifty can cross 32K in 2026 bull case scenario: Kotak Securities

December 10, 2025
Australia is trying to enforce the first teen social media ban. Governments worldwide are watching.

Australia is trying to enforce the first teen social media ban. Governments worldwide are watching.

December 10, 2025
No Result
View All Result
  • Home 1
  • Privacy Policy

© 2024 LSD News title="Jegtheme">Jegtheme.