
In the interview, Eli Lilly boss Dave Ricks sharply criticizes the federal government, accuses it of breaking a promise and calls into question a billion-dollar investment.
AI-generated summary
In June, Eli Lilly withdrew a billion-dollar investment in Alzey in Rhineland-Palatinate.
Dave Ricks made Eli Lilly the most valuable pharmaceutical company in the world. In the interview he takes stock of German health policy - and makes a promise.
Eli Lilly boss Dave Ricks sees no competition in other pharmaceutical companies and does not fear tech companies as new competitors. Photo: Reuters (2)
Milan. The head of the US pharmaceutical company Eli Lilly, Dave Ricks, sharply criticizes the federal government. “My trust is destroyed,” says Ricks in an interview with Handelsblatt. He accuses Berlin of breaking a promise and comes to the conclusion: Other industries are more important to Germany.
The currently planned relief for pharmaceutical companies is far from enough for Eli Lilly to reverse the withdrawal of its billion-dollar investment in Alzey in Rhineland-Palatinate, which was announced in June.
Ricks has been leading Eli Lilly for ten years and is in a strong negotiating position: The pharmaceutical company is benefiting from the success of its weight loss products and is on track to achieve sales of up to $87 billion this year. The Zepbound weight loss injection is the best-selling medication worldwide. The weight loss pill is scheduled to be introduced in Germany at the beginning of next year.
The manager has even bigger plans. “We will bring a cancer drug onto the market every year for the next four to five years,” he announced in an interview.
Read the interview with Dave Ricks here:
AI outlook — possibilities, not facts
Market launch of the weight loss pill in Germany at the beginning of next year
Very likely · Within months

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