Eli Lil­ly's Christi Shaw bows out of top post at the Bio-Med­i­cines unit

Less than 3 years af­ter Eli Lil­ly CEO David Ricks re­cruit­ed No­var­tis vet Christi Shaw to run their big Bio-Med­i­cines busi­ness, she’s out.

In a state­ment put out Thurs­day morn­ing, Lil­ly said that Shaw’s last day will come at the end of Au­gust. Pa­trik Jon­s­son, cur­rent­ly pres­i­dent and gen­er­al man­ag­er of Lil­ly Japan, will suc­ceed Shaw once he gets the pa­per­work sort­ed out.

Lil­ly’s shares dropped 4% on the news.

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