Snapshot · Bloomberg Intelligence
Under CEO Dave Ricks, Eli Lilly cut drug development timelines from 13–14 years to around 5 years, exemplified by the speedy development of tirzepatide (Mounjaro/Zepbound).
Where this was said
At 29:18 · chapter starts 28:38
Madison Muller details how CEO Dave Ricks made speed Eli Lilly's number-one priority, cutting drug development from 13–14 years to 5, and piloted this approach with tirzepatide. [1] — Madison Muller "When Dave Ricks took over as CEO, Eli Lilly was one of the slowest drug developers in the industry. He mandated speed above all else. The r…" 28:38
When Dave Ricks took over as CEO, Eli Lilly was one of the slowest drug developers in the industry. He mandated speed above all else. The result: tirzepatide went from lab to approval in about 5 years — less than half the old timeline.
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