In the following video, Motley Fool health care analyst David Williamson takes investors through Eli Lilly's mixed quarter. Though the company faces some big near-term difficulties owing to it stepping off a huge patent cliff this quarter, it managed to beat analysts' expectations, which drove shares up 4%. David discusses how the company was able to beat this quarter, just how much its patent cliff hurt, and what we can expect from the company this year.
Over the next two years, Eli Lilly will see nearly $0.40 of every $1.00 in sales exposed to generic competition. How does the company plan to respond to this huge patent cliff? Better yet, what does this mean for investors? In a brand new premium report on Eli Lilly, The Motley Fool's top pharmaceuticals analyst delves into everything investors need to know about the stock today. Simply click here now to claim your copy.