🇮🇳 India 5d ago · Mudit Dube

Eli Lilly bets on blood cancer drugs with $2.3B deal

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Eli Lilly bets on blood cancer drugs with $2.3B deal
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Eli Lilly, a leading pharmaceutical company, has announced its plan to acquire Ajax Therapeutics for up to $2.3 billion in cash.
The acquisition is part of Eli Lilly's strategy to develop a new oral treatment for myelofibrosis, a rare and chronic blood cancer.
The clinical data for this innovative treatment is expected by 2026.

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