Lilly Ready For More Risk When It Comes To Early Deals

Chief Scientific Officer Dan Skovronsky has remit over business development at Eli Lilly, and he said the company is looking to do more deals, including higher-risk early stage molecules and new modalities, during an investor briefing in New York Dec. 19. The company also provided 2019 financial forecasts.

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Eli Lilly & Co. is looking to increase the pace of business development to build out its portfolio, Chief Scientific Officer Dan Skovronsky said during an investor briefing in New York Dec. 19. Skovronsky oversees business development since taking over as chief scientific officer and president of Lilly Research Labs in June, and he said there have been some changes to the company's business development strategy.

"Some of the changes that you've probably seen already [are] … just a higher pace of deals overall," he said. "We feel a greater sense of urgency

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