<code id='AA388A9309'></code><style id='AA388A9309'></style>
    • <acronym id='AA388A9309'></acronym>
      <center id='AA388A9309'><center id='AA388A9309'><tfoot id='AA388A9309'></tfoot></center><abbr id='AA388A9309'><dir id='AA388A9309'><tfoot id='AA388A9309'></tfoot><noframes id='AA388A9309'>

    • <optgroup id='AA388A9309'><strike id='AA388A9309'><sup id='AA388A9309'></sup></strike><code id='AA388A9309'></code></optgroup>
        1. <b id='AA388A9309'><label id='AA388A9309'><select id='AA388A9309'><dt id='AA388A9309'><span id='AA388A9309'></span></dt></select></label></b><u id='AA388A9309'></u>
          <i id='AA388A9309'><strike id='AA388A9309'><tt id='AA388A9309'><pre id='AA388A9309'></pre></tt></strike></i>

          Home / comprehensive / entertainment

          entertainment


          entertainment

          author:fashion    Page View:1596
          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