Under the environment of regulatory restriction, lack of new molecular target finding, increasing drug development cost and decreasing the success ratio for launch, Lilly has been ready for making the strategy/tactics how to cope with the patent expiration of our 3 (three) blockbuster drugs. By the effective use of the advice from external consultant, in addition to the wisdom of our internal scientists, Lilly decided to collaborate with external parties in an attempt to use their knowledge and wisdom as the key word of `open innovation partnership' ahead of other multi-national companies. Taking this opportunity, I would like to explain the function of 1. Global External R&D 2. Open innovation drug discovery.
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