Indianapolis, IN
Lilly's profit doubles in fourth quarter, driven by Mounjaro and Zepbound sales
(AP) — Lilly’s profit doubled in the fourth quarter, propelled by its hot-selling diabetes and obesity treatments, and the Indianapolis-based drugmaker came out with a mostly better-than-expected 2025 forecast.
Sales of Lilly’s top-selling product, the diabetes treatment Mounjaro, jumped 60% to $3.53 billion in the final quarter of 2024 while its obesity treatment counterpart Zepbound brought in $1.9 billion. Both figures fell short of expectations on Wall Street but reflect a forecast Lilly made last month.
Revenue from the breast cancer treatment Verzenio also helped in the fourth quarter, climbing 36% to $1.55 billion.
Overall, Lilly’s quarterly profit swelled to $4.41 billion. Revenue advanced 45% to $13.53 billion, in line with expectations. Per-share earnings adjusted for one-time items totaled $5.32, easily topping the $5.01 that Wall Street was looking for, according to a poll of industry analysts by FactSet.
Mounjaro and Zepbound are part of a wave of diabetes and obesity medications known as GLP-1 receptor agonists that are soaring in popularity globally due to the amount of weight people lose while taking the injections. They compete with Ozempic and Wegovy from the Danish drugmaker Novo Nordisk, which also reported strong sales growth on Wednesday.
For 2024, Mounjaro sales more than doubled to $11.54 billion, while Zepbound notched sales of $4.9 billion in its first full year on the market.
Analysts expect more than $18 billion in sales from Mounjaro this year and over $10 billion from Zepbound, which was recently approved in the United States as a treatment for some forms of sleep apnea.
Additional approvals like that and Lilly’s push to increase manufacturing should lead to ongoing, solid growth for the drugs, Edward Jones analyst John Boylan said in a research note.
For 2025, the Indianapolis drugmaker expects adjusted earnings to range between $22.50 and $24 with revenue falling between $58 billion and $61 billion.
Analysts expect earnings of $22.77 per share on $58.8 billion in revenue.
Eli Lilly and Co. shares climbed about 2% Thursday morning to $857.40 while broader trading indexes started the day mixed.
Lilly’s stock has already climbed 9% so far this year, as of Wednesday.
Indianapolis, IN
Philip Rivers comes out of retirement for Indianapolis Colts: NFL world reacts
The Indianapolis Colts have cooled considerably as the season has progressed, going from the NFL’s best record to out of the playoff picture entering Week 15 action.
But one of today’s notable storylines is the return of quarterback Philip Rivers after five years away from the NFL. He’s on the Colts’ active roster as they prepare to play the Seattle Seahawks.
The 44-year-old was on Lumen Field hours before kickoff, taking mental reps.
Colts QB Daniel Jones suffered a season-ending injury last week, and backup Riley Leonard suffered a knee injury, though he remains on the active roster. With Brett Rypien the only other QB on their roster and list of available QBs lacking, the Colts called the last signal-caller to lead them in a playoff game (after the 2020 season).
His comeback has piqued the interest of a former Colts coach and players, his former teammates on the Chargers, former NFL quarterbacks and even those from outside football.
Reaction to Philip Rivers being on the Indianapolis Colts today
Joel A. Erickson and Nathan Brown cover the Colts all season. Get more coverage on IndyStarTV and with the Colts Insider newsletter.
Indianapolis, IN
How much snow did Indiana get? Snow totals for Dec. 13
As snow begins to taper off through Indiana, the National Weather Service has begun receiving reports of snow totals.
Here’s how much snow has been reported so far on Dec. 13, according to the NWS.
Snow totals in the Indianapolis area
Carmel: 5.8 inches at 8:01 p.m.
Cumberland: 5 inches at 7:25 p.m.
Indianapolis International Airport: 5 inches at 7:06 p.m.
Brownsburg: 5.7 inches at 6:37 p.m.
Fishers: 5.5 inches at 6:28 p.m.
Westfield: 5.5 inches at 6:05 p.m.
Franklin: 5.1 inches at 5:26 p.m.
Avon: 4.8 inches at 5:25 p.m.
Downtown Indianapolis: 3.5 inches at 5:10 p.m.
Snow totals around Indiana
Dillsboro: 4.5 inches at 8 p.m.
Nashville: 5.5 inches at 7:40 p.m.
Hope: 5.4 inches at 7:33 p.m.
Greensburg: 5 inches at 7:10 p.m.
Rushville: 5 inches at 6:50 p.m.
Batesville: 4.7 inches at 6:30 p.m.
Selma: 6 inches at 6:20 p.m.
Anderson: 6 inches at 5:56 p.m.
Terre Haute: 5.4 inches at 5:50 p.m.
Thorntown: 6 inches at 5:05 p.m.
(This story will be updated)
Indianapolis, IN
Indianapolis Colts sign Philip Rivers to active roster for Sunday’s game
The Indianapolis Colts signed Philip Rivers from their practice squad to their 53-man active roster on Saturday, clearing the way for the 44-year-old coach of the St. Michael Catholic High School football team to start their NFL game against the Seattle Seahawks on Sunday afternoon.
Nearly five years after his most recent NFL appearance, the former Athens High School star and eight-time Pro Bowl quarterback answered the Colts’ distress call this week and, after three practices with the team, will be eligible to lead Indianapolis against the NFL’s No. 2 scoring defense on Sunday. NFL Network and ESPN reported the Colts would have Rivers in their starting lineup.
Rivers’ comeback began by signing with the Colts’ practice squad on Tuesday. Each NFL team has a 16-player practice squad. Its members do everything that the members of the 53-man active roster do except play in games.
PHILIP RIVERS ON HIS RETURN TO THE NFL: ‘I KIND OF THOUGHT THAT SHIP HAD SAILED’
On Saturday, the Colts announced they had signed Rivers to their active roster. Indianapolis had an open spot for the quarterback after it placed former Auburn All-American Braden Smith on injured reserve. The Colts’ right offensive tackle came out of the previous game with a concussion and a neck injury, and he was not able to practice this week.
At his Friday press conference, Colts coach Shane Steichen declined to name a starting quarterback, saying the coaching staff would work toward that decision now that Rivers had completed his preparation on the practice field for Sunday’s game.
During the week, Rivers took snaps with Indianapolis’ first-team offense, as did former Fairhope High School star Riley Leonard.
“He’s got great command in the huddle,” Steichen said of Rivers’ practices. “He was throwing it well. So, yeah, we’re excited for it. I mean, he’s fired up for the challenge, obviously, getting back into it, getting back into the fold. Feeling the pass rush, got some good work in that, just moving around seeing the defense. It was good. …
“I mean, a guy that hasn’t been out there in five years, to go out and practice the way he did this week was pretty impressive to watch.”
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The Colts lost starting quarterback Daniel Jones to a season-ending Achilles-tendon injury in Sunday’s 36-19 loss to the Jacksonville Jaguars and finished the game with Leonard at quarterback. The sixth-round rookie completed 18-of-29 passes for 145 yards with no touchdowns and one interception and ran two times for 5 yards and one touchdown.
In reaction to Jones’ injury, and with backup quarterback Anthony Richardson on injured reserve with a fractured orbital bone, Indianapolis stunned the football world by signing Rivers, who made the most recent of his 256 NFL appearances at quarterback on Jan. 9, 2021.
CAM NEWTON: PHILIP RIVERS’ COMEBACK ‘A SLAP IN MY FACE’
Rivers is among the five players in NFL history with at least 60,000 passing yards, 400 touchdown passes and a passing-efficiency rating of 95 or higher, joining Tom Brady, Drew Brees, Peyton Manning and Aaron Rodgers.
Rivers also is among the modern-era semifinalists for the Pro Football Hall of Fame’s Class of 2026. By joining the Indianapolis active roster, Rivers is no longer eligible for consideration. Because players must be inactive for five complete seasons before enshrinement, Rivers won’t be eligible for consideration for the Pro Football Hall of Fame until the Class of 2031, if he doesn’t play beyond this season.
Five players have thrown a pass in an NFL regular-season game after turning 44 years old – Brady, George Blanda, Steve DeBerg, Warren Moon and Vinnie Testaverde.
The Colts and Seahawks square off at 3:25 p.m. CST Sunday at Lumen Field in Seattle. The weather forecast calls for a rainy game.
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