Aiming to shed last-place rep, Eli Lilly touts its PhIII pipeline and promises a faster game in R&D
Eli Lilly wants you to know that it is determined to lose its rep as a last-place finisher in the race to get new blockbusters to the market. And the pharma giant is signaling that the R&D group is looking for more drugs it can bring in to complete a promised surge in new drug approvals over the next 5 years.
Eli Lilly $LLY laid out its strategy for the next wave of R&D work today, vowing to hit the gas in accelerating new development efforts. Lilly execs highlighted their top drugs in the pipeline and also made a modest bet on STING last night, a target that has come under a dark cloud on the cancer side in recent months.
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