Lilly Tries to Buy Time

Facing a steep patent cliff and a dearth of late-stage drugs, Lilly is slashing expenses, reorganizing R&D, and hoping to attract investors to share the risks and rewards of pipeline development. Will these moves be enough?

By Ed Silverman

In September 2009, the Eli Lilly & Co. executive team trumpeted a carefully crafted reorganization of their research and...

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