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BioWorld - Wednesday, July 8, 2026
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Home » Lilly's $8B buyout brings cancer pipeline, Vitrakvi aboard
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Lilly's $8B buyout brings cancer pipeline, Vitrakvi aboard

Jan. 8, 2019
By Randy Osborne
Eli Lilly and Co. CEO Dave Ricks called the $8 billion buyout of Loxo Oncology Inc. "completely in line with what we've been talking about all along," although it's a deal "bigger than we've done before. In this case, you have four either clinical or recently approved medicines in one package, which is a bit unique for us." The bundle comes with a platform that may prove more broadly useful, he pointed out during a conference call with investors.
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