Just Do It: Lilly CEO Ricks On Rebates At The Pharmacy Counter

Lilly's chief exec came out strongly in favor of passing rebates onto patients at the point of sale, a big issue of debate in the industry. While it's not surprising that Lilly would be in favor of such a move, Ricks was more outspoken than some of his peers have been.

David Ricks
Lilly CEO David Ricks

Eli Lilly & Co. CEO David Ricks voiced strong support for policy changes that would pass pharmaceutical rebates onto patients at the point of sale, during the company's fourth quarter earnings call Jan. 31.

His support for changes to existing rebate practices isn't exactly surprising given that the Pharmaceutical Research and Manufacturers of America...

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