Eli Lilly and Company Breaks Ground on $6.5 Billion Houston Manufacturing Site

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Eli Lilly and Company (LLY) said Monday it has broken ground on a $6.5 billion manufacturing facility in Houston, Texas, that will produce its oral GLP-1 drug Foundayo along with other small-molecule medicines and advanced therapeutics.

Lilly said the facility is expected to create more than 600 high-wage jobs and roughly 4,000 construction jobs.

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