Lil­ly to dis­play drug pric­ing in­fo on web­site; Catal­ent pledges $200M for its bi­o­log­ics unit

→ Since the bi­par­ti­san bill com­pelling phar­ma­ceu­ti­cal com­pa­nies to dis­play drug prices as part of their tele­vi­sion ad­ver­tise­ments was tor­pe­doed in Sep­tem­ber, the bio­phar­ma drug pric­ing con­tro­ver­sy has on­ly in­ten­si­fied. Eli Lil­ly $LLY, which an­nounced an $8 bil­lion bet on Loxo On­col­o­gy $LLY on Mon­day, has set up a page (https://www.lil­lypricing­in­fo.com/) on its web­site so pa­tients can look up the prices car­ried by its drugs. Ac­cord­ing to Bloomberg, which first re­port­ed the news, Lil­ly will air tele­vi­sion ads bran­dish­ing the page in tan­dem with a toll-free helpline.

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