Eli Lilly plans more drug development in China http://www.reuters.com/article/companyNewsAndPR/idUSPEK34329920071108
Thu Nov 8, 2007
SHANGHAI, Nov 8 (Reuters) - U.S. pharmaceutical firm Eli Lilly & Co (LL.N: Quote, Profile, Research), maker of antidepressant Prozac and erectile dysfunction drug Cialis, said on Thursday it plans to develop more drugs in China because of lower costs and an ample pool of talent.
"We need to find a way to establish leadership in China, not only by selling drugs," Darren Carroll, senior managing director of Lilly Asian Ventures, said in an interview. http://www.reuters.com/article/companyNewsAndPR/idUSPEK34329920071108