<code id='090C3474F6'></code><style id='090C3474F6'></style>
    • <acronym id='090C3474F6'></acronym>
      <center id='090C3474F6'><center id='090C3474F6'><tfoot id='090C3474F6'></tfoot></center><abbr id='090C3474F6'><dir id='090C3474F6'><tfoot id='090C3474F6'></tfoot><noframes id='090C3474F6'>

    • <optgroup id='090C3474F6'><strike id='090C3474F6'><sup id='090C3474F6'></sup></strike><code id='090C3474F6'></code></optgroup>
        1. <b id='090C3474F6'><label id='090C3474F6'><select id='090C3474F6'><dt id='090C3474F6'><span id='090C3474F6'></span></dt></select></label></b><u id='090C3474F6'></u>
          <i id='090C3474F6'><strike id='090C3474F6'><tt id='090C3474F6'><pre id='090C3474F6'></pre></tt></strike></i>

          Home / comprehensive / entertainment

          entertainment


          entertainment

          author:focus    Page View:5464
          Eli Lilly headquarters in Indianapolis – pharmaceutical coverage from STAT
          Darron Cummings/AP

          A couple billion here, a couple billion there, and pretty soon Eli Lilly hopes it will be talking about real money.

          Eli Lilly agreed to purchase Point Biopharma Tuesday morning for $1.4 billion, a 90% premium, adding to its pipeline of cancer drugs. Point is developing cancer drugs that deliver a focused dose of radiation to tumor cells. Data for its lead medicine, for prostate cancer, are expected in the fourth quarter. It is also developing a drug for neuroendocrine tumors.

          advertisement

          Point operates a 180,000-square-foot radiopharmaceutical manufacturing facility in Indianapolis, and a radiopharmaceutical research and development center in Toronto.

          Get unlimited access to award-winning journalism and exclusive events.

          Subscribe Log In