Monday’s business headlines

INDIANAPOLIS (WISH) – Here’s a look at Monday’s business headlines.

Eli Lilly

Shares are reacting to a government purchase of its COVID treatment.

Lilly shares are higher in the premarket this morning and were higher Friday.

The Biden administration brought 100,000 doses of it combination antibody treatment for high-risk COVID-19 patients.

Under the deal, the government will pay $210 million and Eli Lilly will ship out the doses by the end of March.

The increased the supply of such drugs for patients who are high risk of becoming seriously ill but are not yet hospitalized.

IRS

In just one week since the tax-filing period opened on Feb. 12, the IRS recieved nearly 35 million individual tax returns, according to the agency.

People may be bracing to file in the hopes that they’ll soon get a refund, especially those who were financially setback by the pandemic last year.

Natera

Natera is a biotech company that made its name in maternal fetal medicine.

Now CEO Steve Chapman says the same technology used to detect genetic abnormalities in early pregnancy could be used to detect recurrence of cancer with a simple blood test.

Salvation Army

The Salvation Army says donations over Christmas were up 27% despite the pandemic.

Chariities were worried about donations as many people were out of work and the Salvation Army especially was concerned since so much of their collections take place at malls and transit centers.

The Salvation Army brought in $557 million in 2020 and that money will help pay for food, shelter and social services for more than 30 million Americans.