Lilly and Merck forge closer ties in immuno-oncology
Sometimes rivals Eli Lilly (NYSE: LLY) and Merck & Co (NYSE: MRK) have agreed on another collaboration in the field of immuno-oncology.
Indiana-headquartered Lilly revealed it will finance a new study into its own Lartruvo (olaratumab) together with Merck’s Keytruda (pembrolizumab).
The news comes a day after Merck announced a bold attempt to beat Lilly and other immuno-oncology competitors to the draw, with an earlier-than-expected supplemental Biologics License Application for a separate Keytruda/chemotherapy combination.
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