Eli Lilly CEO on Trump, obesity drugs, and a guidance miss

What will Eli Lilly do with all its cash from Mounjaro and Zepbound? What does CEO Dave Ricks think it would take for the company to reach a $1 trillion market capitalization? And how does Ricks pronounce GLP-1?

We discuss all that and more this week in an episode of “The Readout LOUD,” STAT’s biotech podcast, recorded live at the J.P Morgan Healthcare Conference in San Francisco. We bring on Ricks for a wide-ranging conversation about his views on the incoming Trump administration, the effects of Medicare’s drug price negotiation, Lilly’s recent disappointing guidance, pricing of the company’s obesity medication Zepbound, and more.

Read the rest…

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