Eli Lilly & Co. announced a 14%...

Eli Lilly & Co. announced a 14% profit increase in the first three months of the year, along with 8% higher sales.

The drug company said it earned $442.6 million, or $1.51 per share, compared to $388.6 million, or $1.35 per share, for the same period a year ago. Sales for the three months ended March 31 rose to $1.56 billion from $1.44 billion.