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The following is a marketing profile of Eli Lilly. More specifically of Lilly's neuroscience
drugs or anti-depression drugs. These include Prozac and Cymbalta with Prozac being the best selling
drug of all time and Cymbalta being the replacement
drug and currently the number two best selling
drug in the U.S. Eli Lilly is a truly a giant company, they have operations all over the world and sell billions of dollars in
drugs per year. Lilly has been the source of much controversy in recent years, due to their aggressive political lobbying and their numerous law suites. Despite all of this Lilly has seen major success. When Prozac went off patent the company
lost their primary revenue stream. They were able to recover and with the help of Cymbalta and Ceflex they have had large revenues. The marketing for anti depressant
drugs is global. With the acceptance of
depression as a
disease more people are seeking treatment. With the convenience of taking a pill over undergoing years on intensive psychotherapy
drugs have become a very common treatment. Lilly is limited to in their marketing efforts because of the shape of the distribution channel as well as the Food and Drug Administration as well as the Federal Trade Commission. They employ
drug reps to go into doctors offices and teach about Lilly
drug products. They however have little influence when it comes to the doctor prescribing their drugs. They are able to advertise on TV and employ a pull strategy from
drug takers. The
drug industry is a large and growing industry and there is much opportunity for Lilly.
Introduction