Eli Lilly and Company (NYSE:LLY) Q1 2024 Earnings Call Transcript

There are multiple of these throughout the year. Multiple of these have occurred. Some will occur, as I gave the KwikPen as one example. You think about a construction of a site, for example, Concord in North Carolina, which we said will become operational by end of the year, and we’ll start seeing products next year. That construction has concluded. Lines are installed, and we need to run qualifications, get approval, et cetera. There are multiple nodes of these across our own manufacturing sites as well as external and that they all need to come online to get to where we need in terms of the full year guidance. But our confidence as the year progresses, a year has progressed, our confidence in that has increased, but it remains the – at least 1.5 times.

Dave Ricks: Thanks, Anat. Great. Well, thanks for your time today, everyone, and we appreciate you participating in today’s earnings call and your interest in our company. Please follow up with the IR team if you have any additional questions that we didn’t address today, and have a great day. Thanks.

Operator: Thank you. And ladies and gentlemen, this does conclude our conference for today. This conference will be made available for replay beginning at 1:00 p.m. today running through June 4 at midnight. You may access the replay system at any time by dialing 800-332-6854 and entering the access code 317750. International dialers can call at 973-528-0005. Again, those numbers are 800-332-6854 and 973-528-0005 with the access code 317750. Thank you for your participation. You may now disconnect your lines.