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Eli Lilly Loses $ 75 Million in Prescription Drug Heist

17 March 2010 2 Comments

Posted by Joannes

Pharmaceutical giant Eli Lilly & Co. has lost an estimated $ 75 million worth of antidepressants and anti-psychotic drugs among others when its warehouse in Einfield, Connecticut, was broken into by thieves. Reports said the thieves may have been inspired by many Hollywood heist flicks, as the suspects cut a hole in the roof and rappelled down to get inside the warehouse.

Eli Lilly spokesman Edward Sagebiel said among those stolen were a large amount of Prozac and Cymbalta, which are both antidepressants. University of Michigan professor Erik Gordon, who is an expert on health care industry issues, said the thieves could profit by up to $ 25 million if the prescription drugs are sold on the black market.

Security expert Dan Burges of Texas-based FreightWatch International said the heist was well planned and was done by professionals, considering the size of the haul. Enfield police and the FBI are coordinating on the investigation of the theft, which Gordon says is one of the biggest in the history of the health care industry.

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  • http://WWW.XCHOPPERS.COM/ Crush1800

    Ok, so, they don't have an accurate count of missing inventory. They ESTIMATE 75 million. Yet, INSURANCE will pay them for 70 pallets of drugs missing. Sounds a bit fishy to me folks. BTW, just how expensive is this stuff?

  • http://WWW.XCHOPPERS.COM/ Crush1800

    Ok, so, they don't have an accurate count of missing inventory. They ESTIMATE 75 million. Yet, INSURANCE will pay them for 70 pallets of drugs missing. Sounds a bit fishy to me folks. BTW, just how expensive is this stuff?