Eli Lilly CEO says company keeping animal health business

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Eli Lilly CEO says company keeping animal health business

NEW YORK (Reuters) - Eli Lilly and Co's chief executive said his company had no intention of following Pfizer's lead by spinning off or selling the company's lucrative Elanco animal health unit. "We're comfortable with that business and we're going to keep it," Lilly CEO John Lechleiter said definitively on Monday during a question and answer session at the BIO CEO & Investor conference in New York. Pfizer earlier this month spun off its animal health business through an initial public offering that raised $2. ...

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