Lilly goes full Loxo in cancer research

5 December 2019

US drugmaker Eli Lilly (NYSE: LLY) appears to have been so impressed with its newly-acquired subsidiary Loxo Oncology that it has asked it to take over the running of its oncology R&D.

The company has announced new leadership and strategic direction in oncology R&D, combining the Lilly Research Laboratories (LRL) oncology organization and Loxo, which was acquired in January of this year for around $8 billion.

Led by Loxo leaders

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