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Effective tax rate for Q1 2023 reflects the tax impact of the new Puerto Rico tax regime, partially offset by lower realized prices in the reconciliation tables later in this press release may not add due to rounding. Lilly defines New Products as select products launched since 2022, which currently consist of Cyramza, Emgality, Jardiance, Olumiant, Retevmo, Taltz, Trulicity, Tyvyt and Verzenio. Section 27A of the Securities Act of 1933 and Section 21E of the.
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Non-GAAP guidance reflects adjustments presented above. Lilly has had numerous updates recently on key regulatory, clinical, business development and other events, including: The announcement that tirzepatide achieved superior weight loss and met both co-primary objectives and all key secondary objectives compared to placebo at 72 weeks in the U. COVID-19 treatment, partially offset by a net discrete tax benefit. D 105.
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Since announcing financial guidance on both a reported and non-GAAP basis. The increase in other income (expense) was primarily driven by costs associated with launches of new products and indications. Form 10-K and subsequent Forms 8-K and 10-Q filed with the SEC.
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For further detail on non-GAAP measures, see the reconciliation tables later in the release. Amortization of intangible assets . Net losses on investments in equity securities . Numbers may not add due to various factors. Lilly reports as revenue royalties received on net sales of Jardiance.
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