<code id='0A40F2A7C6'></code><style id='0A40F2A7C6'></style>
    • <acronym id='0A40F2A7C6'></acronym>
      <center id='0A40F2A7C6'><center id='0A40F2A7C6'><tfoot id='0A40F2A7C6'></tfoot></center><abbr id='0A40F2A7C6'><dir id='0A40F2A7C6'><tfoot id='0A40F2A7C6'></tfoot><noframes id='0A40F2A7C6'>

    • <optgroup id='0A40F2A7C6'><strike id='0A40F2A7C6'><sup id='0A40F2A7C6'></sup></strike><code id='0A40F2A7C6'></code></optgroup>
        1. <b id='0A40F2A7C6'><label id='0A40F2A7C6'><select id='0A40F2A7C6'><dt id='0A40F2A7C6'><span id='0A40F2A7C6'></span></dt></select></label></b><u id='0A40F2A7C6'></u>
          <i id='0A40F2A7C6'><strike id='0A40F2A7C6'><tt id='0A40F2A7C6'><pre id='0A40F2A7C6'></pre></tt></strike></i>

          Home / entertainment / fashion

          fashion


          fashion

          author:entertainment    Page View:13268
          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