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...Critics have also slammed industry leaders Eli Lilly and Biogen for charging excessive prices for treatments for common diseases such as diabetes and Alzheimer’s....
...new strain than the earlier generation from Regeneron and Eli Lilly....
...A lot depends on what people such as Fred Knopsnyder, Sandy Brady and Leanne Wilson do next: the course of the world’s biggest economy, their own futures and – in strange and unexpected ways – the outcome...
...“The changes in the macro-environment have transformed everything,” said Fred Hassan, head of Schering-Plough, earlier this year when explaining his agreement to the takeover by Merck....
...Fred Hassan, a chemical engineer who ran Schering- Plough of the US, will also cease to be a chief executive once Merck of the US – run by Richard Clark, who trained in liberal arts and business – completes...
...His approach is shared by Eli Lilly but other midsize companies including Bristol-Myers Squibb, Biogen-Idec and even Amgen could yet be drawn into consolidation....
...In 2001 Eli Lilly was locked in a legal wrangle with Barr Laboratories, a producer of generic products, over the patent for Prozac, Lilly’s most lucrative drug....
...On InnoCentive.com, a site built by pharmaceutical group Eli Lilly, companies post difficult research problems and offer generous rewards to anyone who can solve them....
...A better-than-expected first quarter would start to fulfil the promise by Fred Hassan, Schering's chief executive, two years ago that the company would renew earnings growth this year and increase profits...
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