*By Max Godnick* Sex, drugs, and $1 billion. That was the title of Cindy Eckert's presentation at the Cornell eShip Summit in New York City on Friday. But it would also be a fitting title for her life story. Eckert is best known as the the creator of [Addyi](http://time.com/5448807/female-desire-pill/), the female libido-enhancing pill commonly referred to by the media as "female Viagra." Eckert, who is also the founder and CEO of The Pink Ceiling, an incubator for female-led start-ups, [sold Sprout Pharmaceuticals](https://www.nytimes.com/2015/08/21/business/dealbook/valeant-pharmaceuticals-to-buy-sprout-maker-of-addyi-female-viagra-drug.html) ー and Addyi along with it ー to Valeant Pharmaceuticals, now Bausch Health, for $1 billion in 2015. Complaints about the company's marketing and pricing of the drug led the original team to sue, and ultimately reach a settlement in which Sprout returned to its original shareholders. Now that she's back as CEO, the first order of business is to correct the misconception that Addyi is the female Viagra. "With Viagra, we're talking about a mechanical blood flow issue, with Addyi we're talking about desire," Eckert told Cheddar's Tim Stenovec of the difference. When Addyi launched in 2015, there were 26 FDA-approved male sexual-enhancement drugs on the market, compared to just one for women. Eckert said the disparity speaks to the "societal narrative" of sex and how it's spoken about in everyday life. "If something goes wrong for men in the bedroom, we immediately accept that it's biological," she said. "If something goes wrong for women in the bedroom, we think it's psychological." With Eckert back at the helm, Addyi is now more accessible than ever. She said she did a "radical thing" for a drug company in immediately cutting the price in half. Now thirty pills retail for around $400. Insured customers pay no more than $25 a month, while those without coverage will never pay more than $99 a month. Instead of a relaunch, Eckert refers to Sprout's new era as a "real launch." "What was I going to do?" she asked. "Sit on the sidelines and just be frustrated that my team had fought so hard to overcome all of the societal bias, and finally having a drug for women breakthrough, and then the women who needed it didn't have access to it? Not my style." The 116th Congress might be slightly more her speed. This week's midterm elections saw a [record number of women](https://cheddar.com/videos/women-win-big-in-pink-tsunami-midterms) elected to the chamber. Eckert, who has devoted her career to improving access to capital for female-led start-ups, said she thinks the increased representation on Capitol Hill will only pay dividends for women at the negotiating table. "It's indisputable that when you have diversity of thought at the table you're going to get to better outcomes," she said. For full interview [click here](https://cheddar.com/videos/cindy-eckert-returns-as-ceo-of-company-she-sold-for-1-billion).

Share:
More In Business
Godiva GMO On 2022 Chocolate Trends
Americans are expected to spend nearly $24 billion in 2022 for Valentine's Day, and many of those gifts will be in the form of chocolate. John Galloway, interim president of the Americas and CMO of Godiva, joined Cheddar's Opening Bell to discuss what chocolate trends the brand is seeing this year, plus the impact of inflation and supply chain issues on the industry.
Nissan To Invest $500 Million In EV Transformation
Nissan is revving up its commitment to electric vehicles. the Japanese automaker announcing plans to invest $500 million to transform its assembly plant in Mississippi to build two all-new EV models starting in 2025. It's all part of Nissan's goal to have 23 electrified models for the Nissan and Infiniti brands globally by 2030. Ashwani Gupta, Nissan's COO, joined Cheddar's Opening Bell to discuss this announcement and the company's EV goals moving forward.
Blue Apron CEO on Holistic 'Wellness 360' Campaign for Healthy Home Cooking
Blue Apron CEO Linda Findley joined Cheddar News to talk about the meal kit company’s Wellness 360 holistic wellness campaign and previewing Q4 and end of year results to be released next week. "Really the concept here is about holistic wellness and health," Findley said. "So thinking through not just what you're eating, but also mental health and financial health. And so we try to bring lots of tools to people so that they can think about ways to manage that balance."
Lidar Tech Company Cepton CEO on Going Public, Future of Fully Autonomous Cars
Cepton made its debut on the Nasdaq under the ticker symbol ‘CPTN’ on Thursday. Jun Pei, the co-founder and CEO, joined Cheddar News to discuss going public and its lidar-based solutions for improving safety in autonomous features in cars. "It's really just a huge benefit in addition to radar and camera, and becomes an entire sensor suite that will bring cars to a higher level, both for safety and autonomy."
Load More