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Eli Lilly to Buy Loxo Oncology in Deal It Values at About $8 BillionEli Lilly said it is buying Loxo Oncology for $235 a share—a 68% premium from Friday’s closing price—in cash, a deal that expands the biopharmaceutical company’s oncology-treatment portfolio. They got cash like that lying around? Cancer is a good business it seems. Can we get Universal Health Care please Wow.let's spread cancer to everyone Wonder how much the cost of insulin will soar to finance this gamble
Source: WSJ - 🏆 98. / 63 Read more »
Eli Lilly to buy Loxo Oncology in $8 billion cancer pushThe pharmaceutical company says it is buying Loxo Oncology for $235 a share in cash, a deal that expands the company’s cancer-treatment portfolio.
Source: trtworld - 🏆 101. / 63 Read more »
Pharma giant Eli Lilly just made an $8 billion bet on a cutting-edge scientific approach that uses DNA to treat cancerEli Lilly's $8 billion acquisition of biotech Loxo Oncology is a notably large deal for Eli Lilly, but it could be done again, its CEO said.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Lilly to buy Loxo Oncology in $8 billion cancer pushEli Lilly and Co said on Monday it would buy Loxo Oncology Inc for about $8 bill... What is a cancer push?
Source: Reuters - 🏆 2. / 97 Read more »
Eli Lilly’s Sarcoma Drug Combo Proves Ineffective in TrialsEli Lilly said it would stop promoting Lartruvo, a relatively new cancer drug, after a study found it didn’t significantly prolong the lives of patients when used in combination with an older drug. Big shocker but they made their millions hand over fist until the next study and they can do it again with another drug and keep pocketing all the dollas! RT : Eli Lilly to stop promoting Lartruvo after a follow-up study found it failed to ...
Source: WSJ - 🏆 98. / 63 Read more »
Eli Lilly to spend about $8B on Loxo OncologyEli Lilly is spending about $8 billion in cash to buy Loxo Oncology, as the drugmaker bulks up on cancer treatments that target certain gene abnormalities. Loxo Oncology could launch a drug next year and targets an abnormality that occurs in several tumor types, including some lung and... Hmm...Another Individual Attempting a Monopoly? If you want to know why we do not have a cure for cancer it is because this amount of money is exchanging hands. Treat not cure.
Source: ABC - 🏆 471. / 51 Read more »
Eli Lilly CEO: Loxo acquisition can help us treat cancer globally'This is the future of cancer treatment, we believe.' Eli Lilly CEO David Ricks said that Loxo Oncology has 'harnessed the power of emerging science' and that Lilly's acquisition of Loxo can help treat cancer globally. For a price Never gonna happen...they make too much money off of giving everyone cancer then all the treatments and pills.
Source: CNBC - 🏆 12. / 72 Read more »
The inside story of Eli Lilly's 18-day race to secure an $8 billion deal for a drugmaker that's pioneering a new treatment for cancerEli Lilly's $8 billion bid for Loxo Oncology was negotiated during the 2018 holiday season, so as to make a big splash at a major industry conference.
Source: BusinessInsider - 🏆 729. / 51 Read more »