Eli Lil­ly’s new CEO is ready to start part­ner­ing on R&D

Dur­ing John Lech­leit­er’s rule as CEO of Eli Lil­ly, the com­pa­ny’s em­pha­sis was al­ways on its own in­ter­nal pipeline. Lil­ly did a few pacts, al­most sole­ly with big play­ers on deals that in­clud­ed a pricey late-stage agree­ment to part­ner with Pfiz­er on tanezum­ab for pain, but it large­ly stayed away from the main ac­tion.

That might be about to change.

“I wouldn’t look for a dra­mat­ic change, but maybe (ex­pect) an ac­cel­er­a­tion of in­ter­est in part­ner­ing ex­ter­nal­ly,” David Ricks told Reuters. “There are a lot of good ideas out there.”

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