Which company, founded by Eli Lilly in 1876, became a major global pharmaceutical maker?

Eli Lilly and Company was founded by Colonel Eli Lilly in Indianapolis in 1876.

Lilly was a pharmaceutical chemist and former Union Army officer who established the business after becoming dissatisfied with the inconsistent quality of medicines available in the nineteenth century. The company emphasized standardized pharmaceutical manufacturing, helping distinguish it from many contemporary drug sellers.

The company later became known for products including insulin, antibiotics, antidepressants, and diabetes medicines. Its modern portfolio has made it one of the world’s most valuable publicly traded pharmaceutical companies by market capitalization.

Eli Lilly and Company is often confused with the individual Eli Lilly, the founder, or with Eli Lilly’s son, Josiah K. Lilly Sr., who later helped lead the business. The company’s headquarters remain in Indianapolis, Indiana.