Eli Lilly CEO on Antibody Trial’s Finish; CEOs Get Out the Vote

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 27 October 2020

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The National Institutes of Health has halted one of Eli Lilly’s coronavirus antibody trials, having found that the combination of Lilly’s antibody drug and Gilead’s remdesivir does not result in a marked improvement in hospitalized Covid-19 patients. Eli Lilly CEO David Ricks discusses what’s next for the antibody that’s proven successful in treating milder Covid cases, and he addresses the company’s third quarter financials. CNBC’s All America Survey reveals that while Joe Biden is leading President Trump in the election polls, both candidates must now rely on niche populations for victory. Senior Economics Reporter Steve Liesman unpacks the survey findings and shares which voting groups are crucial to which contender. Boston Consulting Group CEO Rich Lesser shares what c-suites are doing to encourage employee voting, and discusses how American CEOs may think about democracy going forward. Plus, the tech industry has thrown $200 million behind a campaign for California voters to support Proposition 22, the legislation that could preserve independent contractor status for gig economy workers.

Transcript

Click on a timestamp to play from that location

0:00.0	This is
0:02.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer.
0:05.0	Today on our podcast.
0:07.0	A COVID antibody trial halted by Eli Lilly,
0:10.0	CEO David Rick's on what happened and what's next.
0:13.0	This study was paused a few weeks ago as independent investigators looked at the data.
0:18.0	They were concerned, perhaps patients weren't benefiting as we had hoped in hospitalized settings.
0:24.0	What President Trump and Joe Biden need to do to secure victory next week, new data from
0:28.9	CNVC's All America survey with senior economics reporter Steve Leisman.
0:33.4	For Biden, it's interesting.
0:35.3	A lot of his lead, according to this poll,
0:37.9	come from voters who didn't come out in 2016 and they're young.
0:41.3	President Trump has to keep in his base to talk more about the economy.
0:45.0	And citizens in the C-suite, what CEOs are doing to get out the vote with Boston Consulting Group CEO Rich Lesser.
0:51.0	They're really trying to send a signal that democracy here is an
0:54.4	important part of being a citizen. People should participate. It's Tuesday, October 27th,
1:00.3	2020, Squawk Pot begins right now.
1:04.2	Good morning everybody.
1:05.3	Welcome to Squawk Box here on CMBC.
1:08.2	I'm Becky Quick, along with Joe Carnin and Andrew Ross
1:10.4	Sorokin and the US.S. Equity.
1:13.5	The World Health Organization has warned that getting the coronavirus pandemic under control
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.