Lilly Backs Grassley Bill.


	Lilly Backs Grassley Bill.

Matthew Herper

5-13-2008 6:59 PM

428 views

Matthew Herper says:

A gutsy move.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2d60af90-c792-46db-b516-4b534945f9b8/DA5369B2-45A0-42C2-9C7D-A6D50759DA92/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://newsroom.lilly.com/ReleaseDetail.cfm?ReleaseID=310110" href="http://newsroom.lilly.com/ReleaseDetail.cfm?ReleaseID=310110" style="font-size: 11px;">newsroom.lilly.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://newsroom.lilly.com/ReleaseDetail.cfm?ReleaseID=310110">NDIANAPOLIS, May 13, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- 
Today Eli Lilly and Company (NYSE: LLY) announced its support of the newly revised Physicians Payments Sunshine Act, sponsored by United States Senators Charles Grassley (R-Iowa) and Herbert Kohl (D-Wisconsin).  The bipartisan bill would establish a national registry of payments to physicians by medical device, medical supply and pharmaceutical companies.  Lilly is the first pharmaceutical research company to back such federal legislation, which is similar to various laws in place in several states.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://newsroom.lilly.com/ReleaseDetail.cfm?ReleaseID=310110">"Lilly welcomes greater transparency in the health care system and believes this legislation represents an important step in building public trust and confidence in the relationships between the pharmaceutical and device industries and physicians," said John C. Lechleiter, Ph.D., president and chief executive officer of Eli Lilly and Company.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/DA5369B2-45A0-42C2-9C7D-A6D50759DA92/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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