Name That Company
I was founded in Indianapolis in 1876 by a Civil War veteran who, dismayed by the hawking of “medicines” in sideshows, began developing high-quality medicines to be dispensed by doctors. I introduced the world’s first insulin product in 1923, and in the 1940s I developed a method to mass-produce penicillin, the first antibiotic. In the 1980s I introduced one of the world’s most widely prescribed antidepressants,
Prozac. Some of my other drugs include Cymbalta, Cialis, Strattera, Forteo, Actos and Evista. I spend 19 percent of my revenues on researching and developing new drugs (each costs about $1 billion). Who am I?
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