Lilly's new boss begins with raft of changes
The new man at the helm of Eli Lilly (NYSE: LLY) has started off his time as the US pharma major’s chief executive by announcing a series of organizational and leadership structure changes.
David Ricks is taking on the responsibility of not only replacing John Lechleiter following his nine years in charge, but also attempting to move the company on from disappointing results on solanezumab, its lead candidate for Alzheimer’s disease, in a Phase III trial.
"Lilly is in the early stages of a new growth period"
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