
Eli Lilly is owned by Eli Lilly and Company, a public pharmaceutical corporation listed on the New York Stock Exchange under ticker LLY and headquartered in Indianapolis, Indiana. Founded in 1876 by Colonel Eli Lilly, the brand covers prescription medicines including Mounjaro and Zepbound, the GLP-1 drugs that drove fiscal 2025 revenue of $65.2 billion and made Lilly the world's largest pharmaceutical company by market value.
Parent Company
Founded
1876
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Eli Lilly | Eli Lilly and Company | Wholly owned |
Colonel Eli Lilly established the company in 1876 to produce medicines of consistent quality, then an unusual commitment in an industry rife with adulterated products. The 1923 partnership with University of Toronto researchers to mass-produce insulin established its century-long diabetes leadership.
Twentieth-century growth produced penicillin manufacturing during World War II, the pain reliever Darvon, and the antibiotic Keflex. Prozac, launched in 1988, became one of history's best-selling antidepressants, followed by Zyprexa in 1996 and Cymbalta in 2004.
The modern company took shape around the GLP-1 franchise: Trulicity arrived in 2014, then the dual GIP/GLP-1 tirzepatide launched as Mounjaro for diabetes in 2022 and Zepbound for obesity in 2023. Tirzepatide's superior weight-loss efficacy versus competing semaglutide transformed Lilly's business.
Revenue grew from $28 billion in 2022 to $65.2 billion in 2025, and the FDA approved Foundayo, the first oral GLP-1 pill, in Q1 2026. The company committed $50 billion to US manufacturing expansion to meet demand.
What does Eli Lilly make?
Eli Lilly makes prescription pharmaceuticals across four therapeutic areas. Its most important products are Mounjaro (tirzepatide for type 2 diabetes, $23.0 billion FY2025 revenue) and Zepbound (tirzepatide for obesity, $13.5 billion FY2025 revenue). The company also makes Foundayo (orforglipron, the first oral GLP-1 pill for weight loss, approved 2026), Verzenio (breast cancer), Taltz (psoriasis), Ebglyss (atopic dermatitis), Jaypirca (CLL/SLL), Kisunla (Alzheimer's), Emgality (migraine), Trulicity (diabetes), and insulin products including Humalog and Basaglar.
Is Eli Lilly publicly traded?
Yes. Eli Lilly and Company is listed on the New York Stock Exchange under ticker LLY. The company is the largest pharmaceutical company in the world by market capitalisation, with a market value of approximately $800 billion as of mid-2026. Major institutional shareholders include Vanguard Group, BlackRock, and State Street Corporation. No single shareholder holds a controlling stake.
Who founded Eli Lilly?
Eli Lilly was founded in 1876 in Indianapolis, Indiana by Colonel Eli Lilly, a Civil War veteran and pharmacist. He was dissatisfied with the poor quality of medicines available at the time and established his company to produce pharmaceutical products of consistent quality and purity. The company made its first major breakthrough in 1923 when it produced commercial quantities of insulin, saving countless lives and establishing Eli Lilly as a leader in diabetes care.
Where is Eli Lilly headquartered?
Eli Lilly is headquartered in Indianapolis, Indiana, USA, where the company was founded in 1876. The company operates research and development centres, manufacturing facilities, and commercial operations in more than 120 countries. Its Lebanon, Indiana campus is the cornerstone of its domestic manufacturing buildout, with $21 billion in capital expansion commitments since 2020. The Lebanon API site, opening in 2027, will be the largest API production site in US history.
What is Mounjaro and Zepbound?
Mounjaro and Zepbound both contain tirzepatide, a dual GIP/GLP-1 receptor agonist developed by Eli Lilly. Mounjaro is approved for type 2 diabetes and is the most prescribed injectable medication for that condition, generating $23.0 billion in FY2025 revenue. Zepbound is approved for obesity and obstructive sleep apnea and is the most prescribed injectable medication for weight management, generating $13.5 billion in FY2025 revenue. In clinical trials, tirzepatide demonstrated superior efficacy to competing GLP-1 drugs, with patients losing approximately 20% of their body weight in obesity trials.
What is Foundayo (orforglipron)?
Foundayo (orforglipron) is the first FDA-approved oral GLP-1 pill for weight loss, approved by the FDA in Q1 2026. It is a once-daily oral non-peptide GLP-1 agonist that can be taken any time of day without food or water restrictions, differentiating it from other GLP-1 medications. In late-stage trials, orforglipron helped overweight adults without diabetes lose 12.4% of their body weight over 72 weeks at the highest dose. Lilly submitted orforglipron for type 2 diabetes approval in the US in Q2 2026 and has submitted applications in China and Japan.
What is the 340B lawsuit about?
Tampa General Hospital sued Eli Lilly in July 2026, alleging the drugmaker unlawfully cut off discounts under the federal 340B drug pricing programme after the hospital refused to provide prescription-level claims data through Lilly's 340B Electronic Submission Platform. Tampa General alleges it now pays 25% to 50% more on average for Lilly medications. About 3,000 hospitals participate in the 340B programme. Lilly says the reporting requirement is necessary to prevent duplicate discounts and programme abuses. The American Hospital Association and American Medical Association have urged federal officials to intervene.
Lilly has committed to renewable energy purchasing, waste reduction targets, and green chemistry principles. Its 2023 insulin price cap at $35 per month for US patients addressed a longstanding access criticism, though GLP-1 pricing continues to draw scrutiny.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Astrazeneca | United Kingdom | 1999 | Market leader | Global | All Genders | |
| Astrazeneca | United Kingdom (parent AstraZeneca) | 2012 | Niche | Global | All Genders | |
| Boehringer Ingelheim | Germany | 1885 | Market leader | Global | All Genders | |
| Astrazeneca | United Kingdom (parent AstraZeneca) | 2014 | Market leader | Global | All Genders | |
| Novo Nordisk | Denmark | 1923 | Market leader | Global | All Genders | |
| Sanofi | France | 1973 | Market leader | Global | All Genders |
Healthcare PharmaceuticalsOwned by AstraZeneca PLC
British-Swedish pharmaceutical brand behind Tagrisso and Farxiga, owned by publicly traded AstraZeneca PLC formed by merger in 1999.
Healthcare PharmaceuticalsOwned by AstraZeneca PLC
Exenatide extended-release weekly injectable for type 2 diabetes, owned by AstraZeneca since the 2012 Amylin Pharmaceuticals acquisition.
Healthcare PharmaceuticalsOwned by Boehringer Ingelheim
German family-owned pharmaceutical brand behind Jardiance and Spiriva, founded in 1885 and still controlled by the Boehringer family.
Healthcare PharmaceuticalsOwned by AstraZeneca PLC
Dapagliflozin SGLT2 inhibitor approved for type 2 diabetes, heart failure, and chronic kidney disease, owned by AstraZeneca since its 2014 US launch.
Healthcare PharmaceuticalsOwned by Novo Nordisk
Danish pharmaceutical company specializing in diabetes care and obesity treatment. Founded in 1923, headquartered in Bagsvaerd, Denmark. World leader in diabetes care and a leader in obesity treatment with Ozempic, Wegovy, and the investigational CagriSema. CEO Lars Fruergaard Jorgensen departed in March 2025; interim leadership under board chairman Helge Lund until a permanent CEO is appointed.
Healthcare PharmaceuticalsOwned by Sanofi
French pharmaceutical brand behind Lantus and Dupixent, owned by publicly traded Sanofi SA founded in Paris in 1973.
Market Positioning: Eli Lilly competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Looking for brands with different ownership structures? These similar brands are not owned by Eli Lilly and Company, giving you alternative choices that support different corporate structures.
Healthcare PharmaceuticalsOwned by Boehringer Ingelheim
German family-owned pharmaceutical brand behind Jardiance and Spiriva, founded in 1885 and still controlled by the Boehringer family.
Boehringer Ingelheim is privately owned, unlike Eli Lilly which is under a publicly traded parent company.
Healthcare PharmaceuticalsOwned by Boehringer Ingelheim
Empagliflozin SGLT2 inhibitor for type 2 diabetes, heart failure, and kidney disease, co-marketed by Boehringer Ingelheim and Eli Lilly since its 2014 launch.
Jardiance is privately owned, unlike Eli Lilly which is under a publicly traded parent company.
Healthcare PharmaceuticalsOwned by AstraZeneca PLC
British-Swedish pharmaceutical brand behind Tagrisso and Farxiga, owned by publicly traded AstraZeneca PLC formed by merger in 1999.
AstraZeneca operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by Novo Nordisk
Danish pharmaceutical company specializing in diabetes care and obesity treatment. Founded in 1923, headquartered in Bagsvaerd, Denmark. World leader in diabetes care and a leader in obesity treatment with Ozempic, Wegovy, and the investigational CagriSema. CEO Lars Fruergaard Jorgensen departed in March 2025; interim leadership under board chairman Helge Lund until a permanent CEO is appointed.
Novo Nordisk operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by Sanofi
French pharmaceutical brand behind Lantus and Dupixent, owned by publicly traded Sanofi SA founded in Paris in 1973.
Sanofi operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by Amgen Inc.
Master biotechnology brand of Amgen Inc., the world's largest independent biotech, covering its full portfolio of biologic medicines.
Amgen operates independently without a large parent corporation.
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