Tag:

John Lechleiter

Latest Headlines

Latest Headlines

Lilly invests £5.4M in R&D hub in U.K.

Eli Lilly has opened a new building at its Erl Wood R&D center in Surrey, U.K., to house early-stage research.

You can't cut your way to success, Lilly CEO declares

Lechleiter says the company has got to find new treatments and sell more drugs to overcome the revenue decline it will see from losing the patents on its two top sellers.

Lilly CEO avoids Pfizer-like cuts, focuses on pipeline

John Lechleiter has held firm to his position that cutting expenses alone isn't a solution to the challenges at his company; he thinks that the way forward resides in the pipeline.

Lilly gains FDA approval for its controversial brain plaque test

Late on Friday, Eli Lilly put out the word that the FDA had approved its brain dye--Amyvid--for use in ruling out Alzheimer's.

Lilly hunkers down for lean years with salary freeze

Eli Lilly ( $LLY ), languishing in the doldrums of its long-expected "Years YZ," has frozen the salaries of many of its staffers, including those of top management. As Pharmalot reports, the company

Is Lilly betting the farm on its high-stakes Alzheimer's gamble?

Now that the patent cliff has arrived right on time for Eli Lilly ( $LLY ), the big question this year is whether or not its massive gamble on the Alzheimer's drug solanezumab will pay off. That's

Lilly's losses put pressure on key Alzheimer's program

Eli Lilly ( $LLY ) saw its fourth-quarter profit slide 27% after the loss of its patent on Zyprexa last year hit sales of the schizophrenia drug harder than expected, Bloomberg reported. And the fresh

Lilly's Lechleiter sees pharma clouds abroad

Eli Lilly ( $LLY ) CEO John Lechleiter ( photo ) says price squeezes in Europe and Japan will be key challenges to his company's sales in 2012, one week after the company predicted a bigger-than-expected

Lilly surprises with lower-than-expected 2012 forecast

Eli Lilly ( $LLY ) has long been warning about a yearslong sales trough, and those years have officially arrived. But the company says it's now projecting a deeper-than-expected drop in profits for

Bleak forecast puts Eli Lilly's ambitious R&D game plan to the test

Eli Lilly ( $LLY ) stepped right up to the edge of the patent cliff this morning, looked down and predicted a $3 billion drop in Zyprexa sales as cheaper generics muscle into the market. The bleak