Lower prices and exchange rate effects hold Eli Lilly back

USA-based Eli Lilly (NYSE: LLY) has announced revenues of $7.3
billion in the final quarter of 2022, a 9% decrease from the same
period of last year, around what most analysts had anticipated.

Net income was reported at $1.9 billion, an increase of 12%, with
earnings per share (EPS) of $2.14.

Excluding COVID-19 antibodies, total worldwide volume in the
fourth quarter increased 13%.

Total revenues for 2022 grew 1% to reach $28.5 billion.

The decline in…

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