LILLY SALES RISE IN THE FOURTH QUARTER, YEAREli Lilly & Co. (NYSE:LLY) of Indianapolis said rising profits inboth the fourth quarter and the year resulted from salesgrowth in each of the company's operations. "Manufacturingcosts and operating expenses for the year increased at a slowerrate than sales," said Chairman Richard D. Wood. Other incomefor the year was more than $100 million less than a year ago.

Fourth quarter ended Dec. 31(Figures in thousands except per-share data.)

1990 1989 Percent change

Revenues $1,443,800 1,146,000 +26Operating income 385,300 302,900 +27Net income (loss) 255,300 225,300 +13Net income per share (loss) .91 .77 +18Outstanding shares 282,723 294,559 -4

Fiscal year ended Dec. 31(Figures in thousands except per-share data.)

1990 1989 Percent change

Revenues $5,191,600 4,175,600 +24Operating income 1,539,400 1,164,800 +32Net income (loss) 1,127,300 939,500 +20Net income per share (loss) 3.90 3.20 +22Outstanding shares 289,993 294,507 -2

HYBRITECH SALES, PROFITS INCREASE

Hybritech Inc. of Indianapolis, a subsidiary of Eli Lilly & Co.,reported record sales and profits resulted primarily fromincreased unit volumes.

Fourth quarter ended Dec. 31

1990 1989 Percent change

Revenues $33,900 24,100 +41Gross profit (loss) 22,900 14,600 +57

Fiscal year ended Dec. 31

1990 1989 Percent change

Revenues $123,500 104,100 +19Gross profit (loss) 78,100 67,000 +17

MARION MERRELL DOW REPORTS 53% JUMP IN EARNINGS

Marion Merrell Dow of Kansas City, Mo., said sales of theCardizem line of cardiovascular products and Seldane, a non-sedating antihistimine, helped boost fourth-quarter profits by53 percent. Marion Merrell was created in December 1989 bythe merger of Marion Laboratories Inc and Merrell DowPharmaceuticals Inc.

Fourth quarter ended Dec.31(Figures in thousands except per-share data.)

1990 1989 Percent change

Revenues $630,000 535,000 +18Net income (loss) 112,000 73,000 +53Net income per share (loss) .39 .27 +44

Fiscal year ended Dec. 31(Figures in thousands except per-share data.)

1990 1989 Percent change

Revenues $2,500,000 2,200,000 +14Net income (loss) 487,000 397,000 +22Net income per share (loss) 1.72 1.43 +20

(c) 1997 American Health Consultants. All rights reserved.

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