Lilly’s New $2.5 Billion Plant to Boost Obesity Drug Supply

  • US drugmaker to invest $2.5 billion in factory near Frankfurt
  • Plant marks biggest pharma industry investment in decades
Pharma’s Weight-Loss Bonanza
Lock
This article is for subscribers only.

Eli Lilly & Co. kicked off construction of a plant to boost the production of its wildly popular weight-loss drugs, which have yet to gain a foothold in Europe.

The factory will open in 2027 and ship worldwide, the US drugmaker said at the groundbreaking ceremony near Frankfurt on Monday.