Eli Lilly announces significant reduction in sales force

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INDIANAPOLIS – Layoffs are in store at Eli Lilly as the company makes cutbacks in its bio-medicine division.

According to Lilly officials, the drugmaker will cut hundreds of sales representatives by July. The company announced the cuts Wednesday. The sales representatives work in the bio-medicine division, which sells products like the antidepressant Cymbalta and the osteoporosis drug Evista.

A Lilly official who talked to Fox 59 would not disclose the specific number of layoffs, which  will be spread across the country with a minimal impact on Indianapolis. The reduction will include both full-time and contract workers and involve structural changes at the company.

Products within the division lose their patent protection soon, which could result in a drop in sales as other companies market competing drugs. Cymbalta loses patent protection in December. Evista will lose its protection in March.

The drugmaker’s diabetes division is planning to increase its sales force. However, that move won’t offset losses in the bio-medicine division.

6 comments

  • GUEST

    dont make no sense bcuz last week you were saying lily will be adding 150+ jobs this summer. now all of a sutton lily will be cutting jobs by summer. hmmmmm. something is just not adding up with these 2 stories….

  • Daniel Haszard

    Remember the Zyprexa scandal.

    The Eli Lilly company made an astounding $67 BILLION on Zyprexa that they PUSHED on the elderly and underage children (*Viva Zyprexa* Lilly sales rep slogan) with wanton disregard for the side effects
    *FIVE at FIVE*
    The Zyprexa antipsychotic drug,whose side effects can include weight gain and diabetes, was sold to Veterans,children in foster care, elderly in nursing homes.
    *Five at Five* was the Zyprexa sales rep slogan, meaning *5mg dispensed at 5pm would keep patients quiet*.
    *Tell the truth don't be afraid*– Daniel Haszard
    FMI zyprexa-victims.com

  • NOTJUSTLILLY

    All these big drug companies do the same thing. They put drugs out and the doctors prescribe them to unsuspecting patients who end up being the guinea pigs to find out what the side effects are after the fact. Countless people are killed every year or suffer devastating side effects from taking drugs that are not only harmful but were never fully researched before being made available.
    I really don't care how many people Lilly lays off or whether the whole company goes under….do us all a favor….PLEASE!!

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