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4Q Financial Reports: Lilly ICOS

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Lilly ICOS

4Q Revenues: $174.5 million (+39%)

4Q Earnings: $61.4 million (loss of $31.4 million in 4Q2004)

FY Revenues: $610.7 million (+36%)

FY Earnings: $37.8 million (loss of $262 million in 4Q2004)

Comments: The increase in total revenue reflects continued growth of Cialis. Worldwide sales of Cialis for the year totaled $746.6 million, up 35%. The company’s first profitable quarter resulted from an increase of $49 million in total revenue and a reduction of $43.8 million in expenses.

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