Eli Lilly to Invest $850M in U.S. Operations in 2017

Health Care Reuters

Eli Lilly and Co said on Friday it would invest $850 million in its U.S. operations this year.

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More investments can be expected, particularly if the U.S. introduces more favorable tax laws, Lilly Chief Executive David Ricks said in a statement.

(Reporting by Natalie Grover in Bengaluru; Editing by Sai Sachin Ravikumar)