X
<

Valuation Drivers for Eli Lilly & Co. after Its 2Q17 Earnings

PART:
1 2 3 4 5 6 7 8 9 10
Part 8
Valuation Drivers for Eli Lilly & Co. after Its 2Q17 Earnings PART 8 OF 10

Eli Lilly’s Cardiovascular Products in 2Q17

Cardiovascular franchise

Eli Lilly and Co.’s (LLY) cardiovascular franchise includes two drugs—Cialis and Effient. These drugs comprise ~15.0% of the company’s total revenues. The chart below shows the revenues of its cardiovascular drugs since 3Q15.

Eli Lilly’s Cardiovascular Products in 2Q17

Interested in LLY? Don't miss the next report.

Receive e-mail alerts for new research on LLY

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

Cialis

Cialis is a blockbuster drug used for the treatment of erectile dysfunction and benign prostatic hyperplasia. Cialis’s sales totaled $627.3 million during 2Q17, which was nearly flat compared to its 2Q16 revenues of $630.5 million.

The company’s Cialis sales include a 1.0% decrease following strong competition in the US markets. Its international sales were nearly flat due to the lower sales and the negative impact of foreign exchange, offset by the higher realized prices in international markets.

Effient

Effient is an antiplatelet drug that is used in combination with aspirin for the prevention of blood clots in arteries and stents. This indication is used to reduce the chances of heart-related events for patients with acute coronary syndrome. Effient’s sales totaled $142.9 million during 2Q17, a 6.0% increase compared to its 2Q16 revenues of $135.1 million.

Adcirca and Reopro

Eli Lilly’s (LLY) other drugs in the cardiovascular franchise include Adcirca and Reopro. Adcirca, an oral treatment for pulmonary arterial hypertension, reported sales of $22.8 million in 2Q17. Reopro reported sales of $2.6 million during 2Q17.

To divest company-specific risks, investors can consider the SPDR S&P Pharmaceuticals ETF (XPH), which holds 4.3% of its total assets in Eli Lilly (LLY). XPH also holds 4.4% in Merck & Co. (MRK), 4.9% in Perrigo (PRGO), and 4.3% in Allergan Plc (AGN).

X

Please select a profession that best describes you: