Leadership Next

Eli Lilly CEO On Why Making New Drugs Is Hard, Takes So Long, And Costs So Much


Listen Later

Pharmaceutical companies are often the poster children for what's wrong with the health care system. New drugs can take decades of development and cost billions of dollars in R&D, and once they clear the FDA, consumers are too often met with sticker shock and high prices for their meds. Dave Ricks, CEO of drugmaker Eli Lilly, this week's guest on Leadership Next, says drug development is very hard—so hard that most of the thousands of Lilly employees who work on R&D for the company may never work on a drug that's actually released. Diane spoke to Ricks about how AI will impact drug development, why health care shouldn't be a political football, and the company's smash-hit obesity drug Tirzepatide.


Leadership Next is powered by Deloitte.

...more
View all episodesView all episodes
Download on the App Store

Leadership NextBy Fortune

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

98 ratings


More shows like Leadership Next

View all
HBR IdeaCast by Harvard Business Review

HBR IdeaCast

1,860 Listeners

The McKinsey Podcast by McKinsey & Company

The McKinsey Podcast

383 Listeners

Masters in Business by Bloomberg

Masters in Business

2,172 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,063 Listeners

Exchanges by Goldman Sachs

Exchanges

974 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,291 Listeners

Cold Call by HBR Presents / Brian Kenny

Cold Call

193 Listeners

Equity by TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Max Zeff, Theresa Loconsolo

Equity

339 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

795 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,992 Listeners

The David Rubenstein Show by Bloomberg

The David Rubenstein Show

135 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

168 Listeners

Barron's Streetwise by Barron's

Barron's Streetwise

1,551 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

421 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

162 Listeners