Lilly will be trimming workers in its biomedicines sales force starting in 2017.
Lilly will not seek regulatory approval for the drug.
Vermont senator Bernie Sanders and Maryland representative Elijah Cummings criticize three insulin manufacturers for skyrocketing insulin prices.
Indianapolis-based pharmaceutical giant Eli Lilly will have a new CEO in January.
Lilly is already a big contributor to the United Way, but the collaboration announced Thursday will expand that to six countries.
Eli Lilly reported its revenue as $19.96 billion for FY 2015, with a profit of $2.41 billion.
The attorney general of Virginia decided to repeal that state's concealed carry reciprocity with Indiana.
The pharmaceutical giant is giving a $30,000 grant to establish 100 prescription drug disposal sites in Indiana.
Indianapolis-based Eli Lilly & Co. is part of a federal probe examining drug-pricing practices related to Medicare and Medicaid.
Company officials say the pharmaceutical giant is spending $70 million to expand its global research and development headquarters in downtown Indianapolis.