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Lilly Launches Physician Payment Registry
Date:7/27/2011

INDIANAPOLIS, July 27, 2011 /PRNewswire/ --  Eli Lilly and Company (NYSE: LLY) today announced the launch of a physician payment registry (www.lillyphysicianpaymentregistry.com) to help the public better understand how the company works with U.S. physicians and compensates them for their services – and how these collaborations benefit patient care.

The website allows visitors to search payments to individual U.S.-based physicians and the institutions or research organizations that receive payments on behalf of a physician. Payments are reported in several categories – including research-related payments, educational programs and other services, such as commercial consulting. The registry also discloses non-cash forms of value provided (such as business meals), as well as travel expenses paid by Lilly when a physician is performing services for the company.

These disclosures are part of Lilly's obligations under its Corporate Integrity Agreement with the federal government, and are consistent with the company's philosophy that improved transparency around collaborations with physicians can help strengthen the public's trust in the pharmaceutical industry.

"When health care professionals work together with the pharmaceutical industry, patients benefit from our combined expertise," said Jack Harris, M.D., vice president for Lilly's U.S. Medical Division. "Through these collaborations, we are able to develop innovative medicines, improve health education and better understand patients' needs. Without our joint efforts, new medicines could never reach the millions of patients who need better treatment options for diseases such as cancer, diabetes, depression and Alzheimer's."

The majority of payments reported on the registry (63 percent) are related to research, including clinical stud
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SOURCE Eli Lilly and Company
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