<code id='5598992333'></code><style id='5598992333'></style>
    • <acronym id='5598992333'></acronym>
      <center id='5598992333'><center id='5598992333'><tfoot id='5598992333'></tfoot></center><abbr id='5598992333'><dir id='5598992333'><tfoot id='5598992333'></tfoot><noframes id='5598992333'>

    • <optgroup id='5598992333'><strike id='5598992333'><sup id='5598992333'></sup></strike><code id='5598992333'></code></optgroup>
        1. <b id='5598992333'><label id='5598992333'><select id='5598992333'><dt id='5598992333'><span id='5598992333'></span></dt></select></label></b><u id='5598992333'></u>
          <i id='5598992333'><strike id='5598992333'><tt id='5598992333'><pre id='5598992333'></pre></tt></strike></i>

          Home / Wikipedia / entertainment

          entertainment


          entertainment

          author:knowledge    Page View:85
          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