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18 November 2024

Production Industry News Investments

Eli Lilly to Expand Suzhou Manufacturing Site

Eli Lilly will expand its manufacturing site in Suzhou, China, to produce two recently approved drugs for tirzepatide in China—one for Type 2 diabetes and the other for obesity, along with other pipeline medicines.

The company has earmarked a reported $200 million for the upgrade, and comes as Lilly focuses investments in manufacturing to meet the increasing demand for its blood sugar-modulating products Mounjaro, for diabetes, and Zepbound, for obesity. Lilly recently announced that it will invest $1.8 billion to expand production capacity at two plants in Ireland, as well as a $2.5 billion factory under construction in Alzey, Germany, which is expected to begin production in 2027.

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