<code id='DEBA212432'></code><style id='DEBA212432'></style>
    • <acronym id='DEBA212432'></acronym>
      <center id='DEBA212432'><center id='DEBA212432'><tfoot id='DEBA212432'></tfoot></center><abbr id='DEBA212432'><dir id='DEBA212432'><tfoot id='DEBA212432'></tfoot><noframes id='DEBA212432'>

    • <optgroup id='DEBA212432'><strike id='DEBA212432'><sup id='DEBA212432'></sup></strike><code id='DEBA212432'></code></optgroup>
        1. <b id='DEBA212432'><label id='DEBA212432'><select id='DEBA212432'><dt id='DEBA212432'><span id='DEBA212432'></span></dt></select></label></b><u id='DEBA212432'></u>
          <i id='DEBA212432'><strike id='DEBA212432'><tt id='DEBA212432'><pre id='DEBA212432'></pre></tt></strike></i>

          Home / comprehensive / entertainment

          entertainment


          entertainment

          author:comprehensive    Page View:636
          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