Need for changes and policies that encourage medical innovation stressed by Lilly CEO at US/Japan meeting

10 March 2011

In remarks to the US/Japan Business Council yesterday in Tokyo Japan, John Lechleiter, chairman, president and chief executive of US drug major Eli Lilly (NYSE: LLY) outlined two imperatives to secure the future of the research-based pharmaceutical industry and help stimulate the global economy: changing the way companies conduct research - or "reinventing invention" - and implementing public policies that promote an environment in which medical innovation can thrive.

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