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IBJ: Lilly inches toward rare $1 trillion market-value distinction

July 26, 2024 in Recent Media Coverage

Table of trillion dollar companies

It might be called the most exclusive club in the world.

Just seven companies on the planet are worth $1 trillion or more—mostly Big Tech names such as Apple, Amazon and Microsoft. Passing the $1 trillion mark in market value brings instant distinction and corporate stardom.

These days, the spotlight is turning to Indianapolis-based Eli Lilly and Co. as the next possible member of the so-called “Trillion-Dollar Club,” based on the drugmaker’s climbing stock price and the swelling demand for its treatments for diabetes, obesity and other diseases. [continue reading]