Exhibit 21-List of Subsidiaries and Affliates The following are the subsidiaries and affiliated corporations of the Company at December 31, 1997. Certain subsidiaries have been omitted since they are not significant in the aggregate. State or Jurisdiction of Incorporation or Organization --------------------------- ELI LILLY AND COMPANY Indiana Eli Lilly International Corporation Indiana Eli Lilly Iran, S.A. Iran ELCO Insurance Company, Ltd. Bermuda Eli Lilly Interamerica, Inc. Indiana Eli Lilly do Brasil Limitada Brazil Elanco Quimica Limitada Brazil Darilor Sociedad Anonima Uruguay Beimirco Sociedad Anonima Uruguay Eli Lilly Interamerica Inc., y Compania Limitada Chile STC Pharmaceuticals, Inc. Indiana Dista, Inc. Indiana Eli Lilly de Centro America, S.A. Guatemala Eli Lilly de Centro America, Sociedad Anonima Costa Rica Eli Lilly y Compania de Mexico, S.A. de C.V. Mexico Dista Mexicana, S.A. de C.V. Mexico Eli Lilly Industries, Inc. Delaware Lilly del Caribe, Inc. Cayman Isls. Eli Lilly and Company (Taiwan), Inc. Taiwan Control Diabetes Services, Inc. Indiana PCS Holding Corporation Delaware Clinical Pharmaceuticals, Inc. Delaware Convenience Office Prescriptions California PCS Health Systems, Inc. Delaware PCS of New York, Inc. New York PCS Services, Inc. Delaware PCS Mail Services, Inc. Delaware Integrated Medical Systems, Inc. Colorado IMS-NET of Arizona, Inc. Arizona IMS-NET of Illinois, Inc. Illinois Illinois Medical Information Network, Inc. Illinois IMS-NET of Northern California, Inc. California IMS-NET of Sacramento, Inc. California IMS-NET of Alabama, Inc. Alabama IMS-NET of Central Florida, Inc. Colorado IMS-NET of Colorado, Inc. Colorado IMS-NET of Kansas City, Inc. Colorado Indiana Medical Communication Network L.L.C. Colorado Medical Communication Networks, Inc. California Minnesota Medical Communication Network L.L.C. Colorado Page 1 Exhibit 21-List of Subsidiaries and Affliates The following are the subsidiaries and affiliated corporations of the Company at December 31, 1997. State or Jurisdiction of Incorporation or Organization --------------------------- ELI LILLY AND COMPANY (Cont'd) ELCO Dominicana, S.A. Dominican Rep. ELCO International Sales Corporation Virgin Is.-US Eli Lilly Group Limited England Eli Lilly & Co. LTD. England Dista Products Limited England Eli Lilly & CO (Ireland) Trustee Limited Ireland Lilly Industries England Lilly Research Centre Limited England Elanco Products Limited England Creative Packaging Limited England Greenfield Pharmaceuticals Limited England Lilly Medical Instruments Limited England Eli Lilly (Basingstoke) Limited England Eli Lilly UK Limited England Eli Lilly Group Pension Trustees Limited England Lilly Deutschland GmbH Germany Eli Lilly (Suisse) S.A. & Co. Beteiligungs-KG Germany Beiersdorf-Lilly GmbH Germany LIGEMA Lilly Gesundheitsmanagement GmbH Germany Eli Lilly & Co. (Ireland) Limited Ireland Eli Lilly Asia, Inc. Delaware Eli Lilly Australia Pty. Limited Australia Eli Lilly Australia Custodian Pty. Limited Bermuda AZA Research Pty. Ltd. Australia Eli Lilly and Company (N.Z.) Limited New Zealand Eli Lilly (NZ) Staff Benefits Custodian Limited New Zealand Integrated Disease Management (NZ) Limited New Zealand E L Management Incorporated Delaware/Nova Scotia Eli Lilly Canada Inc. Canada Eli Lilly S.A. Switzerland Page 2 Exhibit 21-List of Subsidiaries and Affliates The following are the subsidiaries and affiliated corporations of the Company at December 31, 1997. State or Jurisdiction of Incorporation or Organization --------------------------- ELI LILLY S.A. (Cont'd) Switzerland Eli Lilly Export S.A. Switzerland LDPR International, Inc. Puerto Rico GEMS Services, S.A. Belgium T. P. Eli Lilly and Elanco D.O.O. Yugoslavia Elanco Trustees Limited Ireland Kinsale Financial Services, Ltd. Ireland Eli Lilly (Suisse) S.A. Switzerland Eli Lilly Vostok SA, Geneva Switzerland Eli Lilly MHC S.A.R.L. Switzerland Eli Lilly Mauritius Mauritius Oldfields Financial Management S.A. Switzerland Eli Lilly Suzhou Pharmaceutical Company Limited China Eli Lilly Nederland B.V. Netherlands Eli Lilly Ges.m.b.H. Austria Lilly Development Centre S.A. Belgium Lilly Services S.A. Belgium Lilly Clinical Operations S.A. Belgium Eli Lilly Benelux, S.A. Belgium Eli Lilly CR s.r.o. Czech Repub. Eli Lilly Danmark A/S Denmark Eli Lilly Egypt Egypt OY Eli Lilly Finland Ab Finland Lilly France S.A. France Elsa France, S.A. France Pharmaserve - Lilly S.A.C.I. Greece Pharmabrand, S.A.C.I. Greece PRAXICO Ltd. Hungary Lilly Hungaria KFT Hungary Eli Lilly (Philippines), Incorporate Philippines Eli Lilly Ranbaxy Limited India Eli Lilly Israel Ltd. Israel Dista Italia S.r.l. Italy Eli Lilly Italia S.p.A. Italy Page 3 Exhibit 21-List of Subsidiaries and Affliates The following are the subsidiaries and affiliated corporations of the Company at December 31, 1997. State or Jurisdiction of Incorporation or Organization --------------------------- ELI LILLY S.A. (Cont'd) Eli Lilly Nederland B.V. (Cont'd) Netherlands Eli Lilly Japan K.K. Japan Daewoong Lilly Pharmaceutical Co., Ltd. Korea Elanco Animal Health, Korea, Ltd. Korea Eli Lilly Malaysia Sdn Bhd. Malaysia Damsen Trading Limited Malta Eli Lilly Maroc S.a.r.l. Morocco ELCO Production Services B.V. Netherlands Eli Lilly Norge A.S. Norway Eli Lilly Pakistan (Pvt.) Ltd. Pakistan Eli Lilly Polska Sp. z.o.o. (Ltd.) Poland Lilly Grodzisk Sp. z.o.o. Poland Vitalia Pharma Sp. Z.o.o. Poland Dista-Produtos Quimicos & Farmaceuticos, LDA Portugal Lilly-Farma, Produtos Farmaceuticos, Lda. Portugal Eli Lilly Asia Pacific Pte. Ltd. Singapore Lilly-NUS Centre for Clinical Pharmacology Pte. Ltd. Singapore Eli Lilly (S.A.) (Proprietary) Limited South Africa Elanco-Valquimica, S.A. Spain Dista, S.A. Spain Lilly, S.A. Spain Geserco, S.A. Spain Eli Lilly Sweden AB Sweden Lilly Ilac Ticaret A.S. Turkey Eli Lilly y Compania de Venezuela, S.A. Venezuela Dista Products & Compania Venezuela S.A. Venezuela Page 4