Eli Lilly

🚨 Reasons for Boycotting Eli Lilly and Company

Eli Lilly and Company is a publicly traded pharmaceutical company headquartered in Indianapolis, Indiana, USA, trading on the New York Stock Exchange (LLY). Founded in 1876 by Eli Lilly. Its largest shareholder is Lilly Endowment, Inc. with 10.14%. Other major shareholders include BlackRock (7.58%), Vanguard (6.52%), and State Street (4.06%). Eli Lilly operates directly in israel through its 100%-owned subsidiary Eli Lilly israel Ltd. The subsidiary's offices are located at 4 HaSheizaf Street, Raanana, israel. In July 2018, the company signed a research and development agreement with Anima Biotech worth over $1 billion. In its statement on October 12, 2023, it expressed support for israel and committed $500,000 in donations. Through Eli Lilly israel, it donated $500,000 worth of intensive care vehicles and monitoring systems to Magen David Adom (MDA). The company is listed as a \"brand to boycott\" on platforms such as Boykot.co.

1. Direct Subsidiary in israel: Eli Lilly israel Ltd.: Eli Lilly operates in israel through a subsidiary called Eli Lilly israel Ltd. This subsidiary is 100% directly owned by Eli Lilly. Its offices are located at 4 HaSheizaf Street, Raanana, israel. Founded in 1997, the company specializes in the import, distribution, and marketing of pharmaceuticals in israel, particularly in diabetes, oncology, immunology, and neuroscience. This direct presence demonstrates the company's corporate-level integration into the israeli economy.israelValley: Eli Lilly israel Ltd. — Raanana-based subsidiary (July 2026)Eli Lilly: 4 HaSheizaf St., Ra'anana israel — office address (December 2024)Eli Lilly: Subsidiaries & Affiliates — Eli Lilly israel Ltd. (2025)
2. $1 Billion Deal with Anima Biotech: In July 2018, Eli Lilly signed a research and development agreement with Anima Biotech worth over $1 billion. Under the agreement, Anima received $30 million upfront and $14 million in R&D funding; it is eligible to receive up to $1.05 billion if all development and commercial milestones are achieved. Anima Biotech is a New Jersey, USA-based biotechnology company. Anima's co-founder and CEO, Yochi Slonim, is israeli, and the company has israeli connections. This agreement strengthens Eli Lilly's ties with the israeli biotechnology ecosystem.Fierce Biotech: Anima, Eli Lilly $1 billion deal (July 2018)BioSpace: Anima Biotech — over $1 billion deal (2018)PharmaLive: Anima Biotech, Lilly $1 billion deal (2018)
3. Post-October 7 israel Support Statement and $500,000 Donation: On October 12, 2023, Eli Lilly published a statement titled \"Lilly Statement Regarding Terrorist Attack on israel.\" In the statement, the company said it was \"heartbroken and outraged by the horrible terrorist atrocities in israel this past weekend that targeted innocent men, women and children.\" The company committed $500,000 in donations to humanitarian response organizations in israel, and the Lilly Foundation also committed up to $500,000 in matching funds for employee contributions. This statement demonstrates the company's open corporate support for israel.Eli Lilly: Lilly Statement Regarding Terrorist Attack on israel (October 2023)MarketScreener: Lilly Statement Regarding Terrorist Attack on israel (October 2023)Boykot.co: Lilly — $500,000 donation statement (2023)
4. $500,000 Donation to Magen David Adom (MDA): Through Eli Lilly israel, Eli Lilly donated $500,000 worth of three intensive care vehicles and two advanced monitoring systems to Magen David Adom (MDA). MDA is israel's national emergency medical service. Eli Lilly israel's director-general, Roberta Marinelli, stated that the donation reflects \"Eli Lilly's dedication to the communities it serves in times of crisis.\" This donation demonstrates the company's direct financial support for israel's healthcare infrastructure.Jerusalem Post: MDA — $500,000 donation from Eli Lilly (November 2023)E-Med: Eli Lilly — $500,000 donation to MDA (November 2023)Enlace Judio: MDA — $500,000 donation from Eli Lilly (November 2023)
5. Zionist Capital: BlackRock and Vanguard Shareholding: Eli Lilly's largest institutional shareholders include BlackRock (7.58%), Vanguard (6.52%), and State Street (4.06%). Lilly Endowment is the largest single shareholder with 10.14%. These funds face boycott calls from activists due to their defense industry and israel-linked global investments. BlackRock and Vanguard's investments in israel-linked companies indirectly contribute to sustaining the occupation economy.Investing.com: Eli Lilly — BlackRock 7.58%, Vanguard 6.52%, Lilly Endowment 10.14% (2026)Yahoo Finance: Eli Lilly — largest institutional shareholders (2026)
6. Boycott Status and International Reactions: Eli Lilly is explicitly listed as a \"brand to boycott\" on platforms such as Boykot.co. The Arab Doctors' Union added Eli Lilly to its \"pharmaceutical companies supporting occupying israel\" list in November 2023. Additionally, the Egyptian Pharmacists' Association boycotted Eli Lilly in 2001 due to its support for israel. No evidence was found that Eli Lilly is on the BDS movement's official boycott list; however, the company is targeted by independent boycott platforms due to its financial support for israel and its direct subsidiary.Boykot.co: Lilly — on the boycott list (2025)Akhbar Al-Youm: Arab Doctors' Union — Lilly boycott list (November 2023)Newsru: Egyptian Pharmacists' Association — Eli Lilly boycott (2001)

🌐 Sources

• Eli Lilly Official Website
• israelValley: Eli Lilly israel Ltd.
• Eli Lilly: Lilly Statement Regarding Terrorist Attack on israel
• Investing.com: Eli Lilly Ownership Structure
• Boykot.co: Lilly Boycott Page
• Jerusalem Post: MDA — Eli Lilly Donation

Boykot Market has listed the brand information and source links above based on verifiable official sources. Please conduct your own research to be certain.