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04/23/2024 | Press release | Distributed by Public on 04/23/2024 07:18

Eli Lilly Bolsters Manufacturing with Acquisition of Nexus’ Wisconsin Plant

Eli Lilly Bolsters Manufacturing with Acquisition of Nexus' Wisconsin Plant

by John Conrad| Apr 23, 2024| Member News

Eli Lilly is taking a significant step to address surging demand for its injectable drugs by acquiring a manufacturing facility in Pleasant Prairie, Wisconsin, from Nexus Pharmaceuticals. The announcement comes amid a broader industry trend of drugmakers scrambling to keep pace with patient needs.

The 84,000-square-foot plant, which recently received FDA approval, will be dedicated solely to the production of Lilly medications. While the company declined to confirm whether its popular diabetes and obesity treatments, Mounjaro and Zepbound (known as Mounjaro for diabetes), will be specifically manufactured there, the acquisition clearly targets this growing market segment.

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