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Lilly Statement on Hurricane Sandy Relief Efforts In the aftermath of Hurricane Sandy, the Lilly Foundation is donating $200,000 to the American Red Cross in support of relief efforts in affected...

Key Takeaway: INDIANAPOLIS , Nov. 1, 2012 /PRNewswire/ -- In the aftermath of Hurricane Sandy, the Lilly Foundation is donating $200,000 to the American Red Cross in support of relief efforts in affected areas of the United States . Additionally, the foundation is contributing a $1 match for e

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+45%
120-day peak, hindsight
Typical move
2%
average across 15 past catalysts
Lead asset
Dulaglutide
Phase 3 · Type 2 Diabetes Mellitus

Full Press Release Details

INDIANAPOLIS , Nov. 1, 2012 /PRNewswire/ -- In the aftermath of Hurricane Sandy, the Lilly Foundation is donating $200,000 to the American Red Cross in support of relief efforts in affected areas of the United States . Additionally, the foundation is contributing a $1 match for every dollar donated by Lilly employees to the American Red Cross or Salvation Army.
Following is a statement from Robert L. Smith , president, Lilly Foundation:
"Hurricane Sandy had a devastating effect on millions of people along the east coast of the United States – many of whom are now dealing with loss of home or loss of infrastructure. The road back will be a long one. With the help of our employees, it's our privilege at Lilly to support relief organizations such as the American Red Cross, which will deliver crucial assistance to those in need in the days, weeks and months ahead."
About Eli Lilly and Company
Lilly, a leading innovation-driven corporation, is developing a growing portfolio of pharmaceutical products by applying the latest research from its own worldwide laboratories and from collaborations with eminent scientific organizations. Headquartered in Indianapolis, Ind. , Lilly provides answers – through medicines and information ─ for some of the world's most urgent medical needs. Additional information about Lilly is available at www.lilly.com . C-LLY
Last updated: Nov 1, 2012