Tough Year Ahead For Drug Maker: Lilly said yesterday its profits could fall by as much as 20% this year amid lower projected sales for its antipsychotic drug Zyprexa and general and administrative costs that will be higher than what analysts had estimated, the WSJ reports . Shares in the drug maker closed lower yesterday after it said 2012 earnings would likely be between $3.10 and $3.20 per share, vs. the $3.61 anticipated by analysts surveyed by Thomson Reuters. Dendreon Releases Sales Figures: Shares in Dendreon rose yesterday after the company said its prostate-cancer therapy Provenge racked up $82 million in gross revenue in the fourth quarter, up 25% from the previous quarter, the WSJ reports . That was higher than analysts expected,
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A.M. Vitals: Lilly Sees a Profit Drop of Up to 20% in 2012


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