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Lilly fronts up for blockbuster fight
Posted 10 July 2024 PM
Eli Lilly has signed an agreement to purchase biopharma Morphic for $4.75 billion (US$3.2 billion) in a move that bolsters its position in the inflammatory bowel disease market.
The drawcard is MORF-057, a selective oral small molecule inhibitor of alpha-four-beta-seven integrin which results in gut-selective anti-inflammatory activity, for the treatment of inflammatory bowel disease.
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Posted 10 July 2024 PM
Eli Lilly has signed an agreement to purchase biopharma Morphic for $4.75 billion (US$3.2 billion) in a move that bolsters its position in the inflammatory bowel disease market.
The drawcard is MORF-057, a selective oral small molecule inhibitor of alpha-four-beta-seven integrin which results in gut-selective anti-inflammatory activity, for the treatment of inflammatory bowel disease.
To see the whole article, please login
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