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Lilly CEO argues for Japan trade deal.

Eli Lilly and Co., Indianapolis, Ind., CEO and Chairman Sidney Taurel recently made the case for a Japan-U.S. Economic Integration Agreement in a speech before the American Chamber of Commerce in Japan.

Taurel argued that Japan-U.S. integration could accelerate the pursuit of partnerships with third countries that make their individual companies and industries more competitive. He noted that Japan's pharmaceutical companies are some of the most innovative in the world, but suffer from clinical requirements and policies of the National Health Insurance system that fail to assure price premiums when new products come to market.

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Title Annotation:Eli Lilly and Co., Sidney Taurel
Publication:R & D
Article Type:Brief article
Geographic Code:9JAPA
Date:Sep 1, 2006
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