Lilly CEO to 2020 Candidates: Don't Cap Drug Prices

Eli Lilly CEO David Ricks told CNBC on Tuesday that prescription drug costs would still soar even if Democrats managed to cap the prices that pharmaceutical companies are allowed to charge.

“There's a lot of rhetoric in the air, and most of it non-productive,” Ricks told with “Squawk Box. ” “We could cap that forever. And what we get is less innovation and still have growing health-care costs.”

Read Full Article »
Show comments Hide Comments

Related Articles